UniSuper Management Pty Ltd Has $1.97 Million Stock Holdings in Pool Co. (NASDAQ:POOL)

UniSuper Management Pty Ltd increased its position in shares of Pool Co. (NASDAQ:POOL - Free Report) by 19.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,767 shares of the specialty retailer's stock after buying an additional 947 shares during the period. UniSuper Management Pty Ltd's holdings in Pool were worth $1,966,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in POOL. Rakuten Securities Inc. raised its stake in Pool by 2,300.0% in the fourth quarter. Rakuten Securities Inc. now owns 72 shares of the specialty retailer's stock valued at $25,000 after buying an additional 69 shares during the period. Brooklyn Investment Group bought a new stake in Pool in the 3rd quarter valued at $31,000. Atala Financial Inc bought a new stake in Pool in the 4th quarter valued at $29,000. Sierra Ocean LLC acquired a new stake in shares of Pool during the 4th quarter worth about $30,000. Finally, Private Trust Co. NA lifted its position in Pool by 76.9% during the fourth quarter. Private Trust Co. NA now owns 138 shares of the specialty retailer's stock worth $47,000 after acquiring an additional 60 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on POOL. Deutsche Bank Aktiengesellschaft started coverage on Pool in a report on Tuesday. They set a "hold" rating and a $344.00 target price for the company. Wells Fargo & Company reduced their price target on shares of Pool from $370.00 to $360.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 4th. Finally, StockNews.com cut shares of Pool from a "hold" rating to a "sell" rating in a report on Friday, February 28th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $365.33.

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Insider Buying and Selling at Pool

In other news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the business's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $346.00, for a total value of $3,460,000.00. Following the transaction, the director now directly owns 62,577 shares of the company's stock, valued at $21,651,642. The trade was a 13.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Jennifer M. Neil sold 1,223 shares of the firm's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $315.00, for a total value of $385,245.00. Following the sale, the senior vice president now directly owns 9,667 shares of the company's stock, valued at $3,045,105. This represents a 11.23 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.00% of the company's stock.

Pool Trading Down 0.1 %

Shares of POOL stock traded down $0.22 during trading hours on Tuesday, hitting $318.13. 382,676 shares of the company's stock traded hands, compared to its average volume of 368,600. The company has a quick ratio of 0.77, a current ratio of 2.05 and a debt-to-equity ratio of 0.71. Pool Co. has a 12 month low of $293.51 and a 12 month high of $402.45. The stock has a market cap of $11.97 billion, a PE ratio of 28.20, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05. The stock's 50 day simple moving average is $339.95 and its 200 day simple moving average is $353.40.

Pool (NASDAQ:POOL - Get Free Report) last announced its earnings results on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.08. Pool had a return on equity of 31.11% and a net margin of 8.18%. The business had revenue of $987.48 million during the quarter, compared to analyst estimates of $961.04 million. On average, sell-side analysts anticipate that Pool Co. will post 11.32 EPS for the current year.

Pool Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were issued a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend was Wednesday, March 12th. Pool's payout ratio is presently 42.55%.

Pool Company Profile

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.