Pool Co. (NASDAQ:POOL) Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC increased its stake in Pool Co. (NASDAQ:POOL) by 0.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,578 shares of the specialty retailer’s stock after acquiring an additional 54 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Pool were worth $5,993,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brooklyn Investment Group purchased a new position in Pool in the 3rd quarter worth about $31,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Pool during the third quarter valued at approximately $60,000. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Pool by 101.2% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer’s stock valued at $123,000 after acquiring an additional 164 shares in the last quarter. Hilltop National Bank boosted its stake in Pool by 18.1% in the 4th quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock worth $140,000 after purchasing an additional 63 shares during the period. Finally, GAMMA Investing LLC grew its position in Pool by 24.8% during the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty retailer’s stock worth $151,000 after purchasing an additional 80 shares in the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Wells Fargo & Company raised their target price on Pool from $330.00 to $370.00 and gave the stock an “equal weight” rating in a research report on Monday, October 7th. Robert W. Baird lifted their target price on Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research note on Wednesday, October 16th. Loop Capital increased 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. Oppenheimer boosted their price objective on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. Finally, Stifel Nicolaus increased their target price 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. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $369.25.

Pool Trading Down 2.3 %

Pool stock opened at $353.74 on Friday. Pool Co. has a one year low of $293.51 and a one year high of $422.73. The company’s fifty day moving average price is $355.69 and its two-hundred day moving average price is $355.43. The company has a market capitalization of $13.46 billion, a price-to-earnings ratio of 30.44, a PEG ratio of 2.02 and a beta of 1.03. 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) last issued its quarterly earnings data on Thursday, October 24th. The specialty retailer reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.11. Pool had a return on equity of 31.89% and a net margin of 8.42%. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the business earned $3.50 EPS. The firm’s revenue was down 2.8% compared to the same quarter last year. On average, analysts forecast that Pool Co. will post 11.03 earnings per share for the current fiscal year.

Pool Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.36%. The ex-dividend date was Wednesday, November 13th. Pool’s dividend payout ratio is currently 41.31%.

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.