Lbp Am Sa Sells 95 Shares of Pool Co. (NASDAQ:POOL)

Lbp Am Sa lessened its stake in Pool Co. (NASDAQ:POOL) by 9.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 937 shares of the specialty retailer’s stock after selling 95 shares during the period. Lbp Am Sa’s holdings in Pool were worth $378,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Pool in the 4th quarter valued at about $28,000. Stuart Chaussee & Associates Inc. boosted its position in shares of Pool by 250.0% during the 4th quarter. Stuart Chaussee & Associates Inc. now owns 77 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 55 shares in the last quarter. Lindbrook Capital LLC boosted its position in shares of Pool by 73.7% during the 4th quarter. Lindbrook Capital LLC now owns 99 shares of the specialty retailer’s stock valued at $39,000 after purchasing an additional 42 shares in the last quarter. VisionPoint Advisory Group LLC boosted its position in shares of Pool by 11,800.0% during the 4th quarter. VisionPoint Advisory Group LLC now owns 119 shares of the specialty retailer’s stock valued at $47,000 after purchasing an additional 118 shares in the last quarter. Finally, UMB Bank n.a. boosted its position in shares of Pool by 221.6% during the 1st quarter. UMB Bank n.a. now owns 164 shares of the specialty retailer’s stock valued at $66,000 after purchasing an additional 113 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

Pool Trading Down 3.6 %

Shares of POOL traded down $13.23 during trading hours on Friday, hitting $352.33. The company had a trading volume of 213,010 shares, compared to its average volume of 374,994. The firm has a market cap of $13.50 billion, a P/E ratio of 27.35, a P/E/G ratio of 2.75 and a beta of 1.00. The stock’s 50 day moving average price is $336.41 and its 200 day moving average price is $368.22. The company has a quick ratio of 0.88, a current ratio of 2.48 and a debt-to-equity ratio of 0.75. Pool Co. has a 52-week low of $293.51 and a 52-week high of $422.73.

Pool (NASDAQ:POOL) last posted its earnings results on Thursday, July 25th. The specialty retailer reported $4.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.90 by $0.09. The company had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.74 billion. Pool had a return on equity of 32.85% and a net margin of 8.58%. Pool’s quarterly revenue was down 4.7% on a year-over-year basis. During the same period last year, the firm earned $5.89 earnings per share. On average, research analysts predict that Pool Co. will post 10.95 EPS for the current year.

Pool Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 29th. Investors of record on Thursday, August 15th will be paid a $1.20 dividend. The ex-dividend date is Thursday, August 15th. This represents a $4.80 annualized dividend and a dividend yield of 1.36%. Pool’s payout ratio is presently 37.56%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on POOL shares. Oppenheimer upped their target price on Pool from $356.00 to $380.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Stifel Nicolaus lowered their price objective on Pool from $360.00 to $310.00 and set a “hold” rating for the company in a research note on Thursday, July 18th. Robert W. Baird increased their price target on Pool from $305.00 to $377.00 and gave the company a “neutral” rating in a research report on Friday, July 26th. Wells Fargo & Company increased their price objective on Pool from $285.00 to $330.00 and gave the company an “equal weight” rating in a report on Friday, July 26th. Finally, Stephens cut their price target on Pool from $425.00 to $350.00 and set an “overweight” rating for the company in a report on Tuesday, June 25th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Pool has an average rating of “Hold” and an average target price of $347.22.

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.