Summit Trail Advisors LLC raised its holdings in Pool Co. (NASDAQ:POOL – Free Report) by 10.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 690 shares of the specialty retailer’s stock after acquiring an additional 67 shares during the quarter. Summit Trail Advisors LLC’s holdings in Pool were worth $235,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Brooklyn Investment Group acquired a new position in shares of Pool during the 3rd quarter valued at $31,000. Wilmington Savings Fund Society FSB bought a new stake in Pool in the third quarter valued at $60,000. YANKCOM Partnership acquired a new position in shares of Pool during the fourth quarter valued at about $61,000. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Pool by 101.2% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer’s stock worth $123,000 after purchasing an additional 164 shares in the last quarter. Finally, Hilltop National Bank grew its stake in shares of Pool by 18.1% in the 4th quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock valued at $140,000 after buying an additional 63 shares during the period. 98.99% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the company. Loop Capital upped their price target on Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. 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. Stifel Nicolaus lifted their price target on shares of Pool from $335.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, October 28th. StockNews.com lowered shares of Pool from a “hold” rating to a “sell” rating in a research note on Saturday, February 8th. Finally, Robert W. Baird raised their price objective on shares of Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research note on Wednesday, October 16th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $368.00.
Pool Trading Down 0.3 %
NASDAQ POOL opened at $335.45 on Thursday. The company has a current ratio of 2.39, a quick ratio of 0.77 and a debt-to-equity ratio of 0.61. The business has a fifty day simple moving average of $347.65 and a 200 day simple moving average of $356.59. Pool Co. has a 12 month low of $293.51 and a 12 month high of $422.73. The firm has a market capitalization of $12.77 billion, a P/E ratio of 28.87, a PEG ratio of 1.92 and a beta of 1.03.
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.
Featured Stories
- Five stocks we like better than Pool
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- What is a SEC Filing?
- Inflation Persists, But So Do Stock Opportunities: Rally On
- Dividend Payout Ratio Calculator
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Want to see what other hedge funds are holding POOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pool Co. (NASDAQ:POOL – Free Report).
Receive News & Ratings for Pool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pool and related companies with MarketBeat.com's FREE daily email newsletter.