Pentair plc (NYSE:PNR) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its holdings in Pentair plc (NYSE:PNR - Free Report) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 117,205 shares of the industrial products company's stock after selling 6,173 shares during the quarter. Yousif Capital Management LLC owned approximately 0.07% of Pentair worth $11,796,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of PNR. Richardson Financial Services Inc. raised its holdings in shares of Pentair by 16.1% in the fourth quarter. Richardson Financial Services Inc. now owns 916 shares of the industrial products company's stock valued at $92,000 after buying an additional 127 shares during the last quarter. Inspire Advisors LLC raised its stake in Pentair by 1.6% during the 3rd quarter. Inspire Advisors LLC now owns 8,121 shares of the industrial products company's stock valued at $794,000 after acquiring an additional 130 shares during the last quarter. Quarry LP lifted its position in Pentair by 105.5% during the 3rd quarter. Quarry LP now owns 261 shares of the industrial products company's stock worth $26,000 after acquiring an additional 134 shares during the period. Annex Advisory Services LLC grew its stake in shares of Pentair by 2.9% in the 4th quarter. Annex Advisory Services LLC now owns 5,369 shares of the industrial products company's stock valued at $540,000 after purchasing an additional 151 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Pentair by 5.7% in the third quarter. GAMMA Investing LLC now owns 2,923 shares of the industrial products company's stock valued at $286,000 after purchasing an additional 158 shares during the period. Institutional investors and hedge funds own 92.37% of the company's stock.

Pentair Price Performance

Pentair stock traded down $0.75 during trading hours on Friday, hitting $97.88. The stock had a trading volume of 964,685 shares, compared to its average volume of 1,455,971. The stock has a market capitalization of $16.17 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 1.93 and a beta of 1.20. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.91. Pentair plc has a 1-year low of $72.44 and a 1-year high of $110.71. The stock's fifty day moving average is $102.88 and its two-hundred day moving average is $97.32.

Pentair (NYSE:PNR - Get Free Report) last posted its earnings results on Tuesday, February 4th. The industrial products company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.06. Pentair had a net margin of 15.32% and a return on equity of 20.94%. The firm had revenue of $972.90 million during the quarter, compared to the consensus estimate of $970.95 million. During the same period last year, the firm posted $0.87 EPS. The firm's revenue for the quarter was down 1.2% on a year-over-year basis. As a group, analysts predict that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 24th were paid a $0.25 dividend. The ex-dividend date was Friday, January 24th. This represents a $1.00 dividend on an annualized basis and a yield of 1.02%. This is a positive change from Pentair's previous quarterly dividend of $0.23. Pentair's dividend payout ratio is presently 26.74%.

Wall Street Analysts Forecast Growth

PNR has been the subject of several recent research reports. Oppenheimer increased their price target on Pentair from $110.00 to $115.00 and gave the stock an "outperform" rating in a report on Wednesday, November 13th. StockNews.com cut shares of Pentair from a "buy" rating to a "hold" rating in a research note on Wednesday, October 23rd. UBS Group boosted their price target on shares of Pentair from $100.00 to $115.00 and gave the stock a "buy" rating in a research note on Wednesday, October 23rd. Barclays raised their price objective on shares of Pentair from $108.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, December 5th. Finally, Northcoast Research raised Pentair from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. Six equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Pentair currently has an average rating of "Moderate Buy" and a consensus price target of $111.25.

About Pentair

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.