Pool Co. (NASDAQ:POOL) Holdings Decreased by Van ECK Associates Corp

Van ECK Associates Corp decreased its position in Pool Co. (NASDAQ:POOL - Free Report) by 9.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,141 shares of the specialty retailer's stock after selling 888 shares during the quarter. Van ECK Associates Corp's holdings in Pool were worth $2,776,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Empirical Finance LLC grew its position in Pool by 3.7% in the third quarter. Empirical Finance LLC now owns 1,103 shares of the specialty retailer's stock valued at $416,000 after acquiring an additional 39 shares in the last quarter. Second Line Capital LLC grew its position in shares of Pool by 4.8% during the third quarter. Second Line Capital LLC now owns 853 shares of the specialty retailer's stock worth $322,000 after buying an additional 39 shares in the last quarter. Sugarloaf Wealth Management LLC grew its position in shares of Pool by 10.1% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 579 shares of the specialty retailer's stock worth $197,000 after buying an additional 53 shares in the last quarter. TD Private Client Wealth LLC grew its position in shares of Pool by 0.8% during the third quarter. TD Private Client Wealth LLC now owns 7,250 shares of the specialty retailer's stock worth $2,732,000 after buying an additional 54 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of Pool by 0.3% during the fourth quarter. Nisa Investment Advisors LLC now owns 17,578 shares of the specialty retailer's stock worth $5,993,000 after buying an additional 54 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company's stock.

Pool Stock Performance

POOL stock traded down $0.32 during mid-day trading on Friday, reaching $344.00. The company had a trading volume of 780,403 shares, compared to its average volume of 389,321. The company has a quick ratio of 0.77, a current ratio of 2.39 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $13.09 billion, a P/E ratio of 29.60, a P/E/G ratio of 1.93 and a beta of 1.03. Pool Co. has a one year low of $293.51 and a one year high of $422.73. The stock's 50-day simple moving average is $343.47 and its two-hundred day simple moving average is $355.62.

Pool (NASDAQ:POOL - Get Free Report) last posted its earnings results on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.08. The company had revenue of $987.48 million for the quarter, compared to analysts' expectations of $961.04 million. Pool had a return on equity of 31.89% and a net margin of 8.42%. Research analysts anticipate that Pool Co. will post 11.05 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. StockNews.com raised shares of Pool from a "sell" rating to a "hold" rating in a research report on Thursday. Loop Capital raised their price target on shares of Pool from $345.00 to $395.00 and gave the stock a "hold" rating in a research report on Friday, October 25th. Stifel Nicolaus raised their price target on shares of Pool from $335.00 to $340.00 and gave the stock a "hold" rating in a research report on Monday, October 28th. Wells Fargo & Company decreased their price objective on shares of Pool from $370.00 to $360.00 and set an "equal weight" rating for the company in a report on Tuesday, February 4th. Finally, Oppenheimer lifted their price objective on shares of Pool from $380.00 to $386.00 and gave the stock an "outperform" rating in a report on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $368.00.

About Pool

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.