Yousif Capital Management LLC Sells 203 Shares of Pool Co. (NASDAQ:POOL)

Yousif Capital Management LLC decreased its holdings in Pool Co. (NASDAQ:POOL) by 3.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,357 shares of the specialty retailer’s stock after selling 203 shares during the quarter. Yousif Capital Management LLC’s holdings in Pool were worth $2,136,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Nordea Investment Management AB lifted its position in Pool by 11.0% in the 4th quarter. Nordea Investment Management AB now owns 49,129 shares of the specialty retailer’s stock valued at $19,720,000 after acquiring an additional 4,877 shares in the last quarter. James Hambro & Partners lifted its position in shares of Pool by 21.4% during the 4th quarter. James Hambro & Partners now owns 189,479 shares of the specialty retailer’s stock worth $75,573,000 after buying an additional 33,402 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of Pool by 30,047.2% during the 4th quarter. International Assets Investment Management LLC now owns 183,898 shares of the specialty retailer’s stock worth $73,322,000 after buying an additional 183,288 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Pool by 394.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 4,556 shares of the specialty retailer’s stock worth $1,817,000 after buying an additional 3,635 shares in the last quarter. Finally, WCM Investment Management LLC bought a new position in shares of Pool during the 4th quarter worth approximately $4,329,000. Institutional investors own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

POOL has been the topic of several recent analyst reports. Loop Capital cut shares of Pool from a “buy” rating to a “hold” rating and lifted their target price for the stock from $380.00 to $415.00 in a research report on Monday, January 8th. Stifel Nicolaus dropped their target price on shares of Pool from $370.00 to $360.00 and set a “hold” rating on the stock in a research report on Monday. Oppenheimer dropped their target price on shares of Pool from $436.00 to $416.00 and set an “outperform” rating on the stock in a research report on Monday. Finally, TheStreet cut shares of Pool from a “b” rating to a “c+” rating in a research report on Thursday, February 22nd. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Pool presently has an average rating of “Hold” and a consensus price target of $391.80.

Pool Trading Down 1.9 %

Shares of POOL stock opened at $362.53 on Wednesday. The company has a 50 day moving average of $391.98 and a 200-day moving average of $374.37. The company has a quick ratio of 0.56, a current ratio of 1.88 and a debt-to-equity ratio of 0.70. Pool Co. has a 12-month low of $307.77 and a 12-month high of $422.73. The firm has a market cap of $13.95 billion, a P/E ratio of 28.37, a PEG ratio of 3.81 and a beta of 1.00.

Pool (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $1.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.87 by ($0.02). Pool had a return on equity of 35.49% and a net margin of 9.17%. The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the business earned $2.46 EPS. The company’s revenue for the quarter was down 7.1% on a year-over-year basis. Sell-side analysts anticipate that Pool Co. will post 13.18 earnings per share for the current year.

Pool Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were paid a $1.10 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $4.40 dividend on an annualized basis and a yield of 1.21%. Pool’s dividend payout ratio is 34.43%.

Insider Activity at Pool

In related news, General Counsel Jennifer M. Neil sold 1,100 shares of Pool stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $401.00, for a total value of $441,100.00. Following the completion of the transaction, the general counsel now directly owns 8,622 shares in the company, valued at approximately $3,457,422. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.00% of the stock is owned by company insiders.

Pool 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.