Wilkinson Global Asset Management LLC Sells 857 Shares of Pool Co. (NASDAQ:POOL)

Wilkinson Global Asset Management LLC trimmed its stake in shares of Pool Co. (NASDAQ:POOL - Free Report) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,216 shares of the specialty retailer's stock after selling 857 shares during the quarter. Pool makes up 1.5% of Wilkinson Global Asset Management LLC's holdings, making the stock its 24th biggest holding. Wilkinson Global Asset Management LLC owned about 0.19% of Pool worth $24,962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in POOL. CWM LLC raised its position in shares of Pool by 3.7% during the third quarter. CWM LLC now owns 777 shares of the specialty retailer's stock worth $293,000 after acquiring an additional 28 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in Pool in the third quarter valued at approximately $160,000. Creative Planning lifted its stake in Pool by 1.0% in the third quarter. Creative Planning now owns 5,682 shares of the specialty retailer's stock valued at $2,141,000 after buying an additional 59 shares during the period. Blue Trust Inc. lifted its stake in Pool by 188.2% in the third quarter. Blue Trust Inc. now owns 709 shares of the specialty retailer's stock valued at $267,000 after buying an additional 463 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in Pool by 19.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 4,457 shares of the specialty retailer's stock valued at $1,679,000 after buying an additional 719 shares during the period. 98.99% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on POOL. Stifel Nicolaus boosted their price target on Pool from $335.00 to $340.00 and gave the company a "hold" rating in a research note on Monday, October 28th. Loop Capital boosted their price target on Pool from $345.00 to $395.00 and gave the company a "hold" rating in a research note on Friday, October 25th. Wells Fargo & Company dropped their price target on Pool from $370.00 to $360.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 4th. StockNews.com raised Pool from a "sell" rating to a "hold" rating in a research note on Thursday. Finally, Oppenheimer upped their target price on Pool from $380.00 to $386.00 and gave the stock an "outperform" rating in a research report on Monday, October 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $368.00.

Pool Stock Down 0.1 %

Shares of NASDAQ:POOL traded down $0.32 during trading on Friday, reaching $344.00. 780,403 shares of the stock were exchanged, compared to its average volume of 389,321. The firm has a market cap of $13.09 billion, a price-to-earnings ratio of 29.60, a price-to-earnings-growth ratio of 1.93 and a beta of 1.03. The stock has a fifty day moving average of $343.47 and a two-hundred day moving average of $355.62. Pool Co. has a 1-year low of $293.51 and a 1-year high of $422.73. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77.

Pool (NASDAQ:POOL - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The specialty retailer reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.08. The business had revenue of $987.48 million during the quarter, compared to analyst estimates 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 earnings per share for the current fiscal year.

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.