United Capital Financial Advisors LLC Has $12.27 Million Stock Holdings in Pool Co. (NASDAQ:POOL)

United Capital Financial Advisors LLC trimmed its holdings in Pool Co. (NASDAQ:POOL - Free Report) by 10.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,980 shares of the specialty retailer's stock after selling 4,205 shares during the period. United Capital Financial Advisors LLC owned 0.09% of Pool worth $12,267,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in POOL. Rakuten Securities Inc. raised its holdings in Pool by 2,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 72 shares of the specialty retailer's stock valued at $25,000 after acquiring an additional 69 shares in the last quarter. Atala Financial Inc bought a new position in shares of Pool in the fourth quarter worth $29,000. Sierra Ocean LLC acquired a new position in Pool in the fourth quarter valued at about $30,000. 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 purchasing an additional 60 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Pool during the third quarter worth about $60,000. 98.99% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on POOL. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Pool in a research report on Tuesday, April 1st. They issued a "hold" rating and a $344.00 target price for the company. StockNews.com downgraded shares of Pool from a "hold" rating to a "sell" rating in a research report on Friday, February 28th. Finally, Wells Fargo & Company cut their target price on Pool from $360.00 to $315.00 and set an "equal weight" rating for the company in a research note on Monday, April 14th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $360.33.

Pool Trading Down 3.5 %

Shares of NASDAQ:POOL traded down $10.64 during midday trading on Monday, hitting $295.61. 115,080 shares of the stock were exchanged, compared to its average volume of 420,630. The business's 50-day moving average price is $327.84 and its 200 day moving average price is $346.71. Pool Co. has a 12 month low of $284.27 and a 12 month high of $395.60. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.77 and a current ratio of 2.05. The stock has a market capitalization of $11.15 billion, a price-to-earnings ratio of 26.21, a P/E/G ratio of 2.03 and a beta of 1.13.

Pool (NASDAQ:POOL - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.08. Pool had a net margin of 8.18% and a return on equity of 31.11%. The firm had revenue of $987.48 million during the quarter, compared to the consensus estimate of $961.04 million. Analysts predict that Pool Co. will post 11.32 earnings per share for the current year.

Pool Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were given a $1.20 dividend. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.62%. Pool's dividend payout ratio (DPR) is presently 42.55%.

Insider Activity

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

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.