United Capital Financial Advisors LLC Sells 4,205 Shares of Pool Co. (NASDAQ:POOL)

United Capital Financial Advisors LLC cut its stake in Pool Co. (NASDAQ:POOL) by 10.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,980 shares of the specialty retailer’s stock after selling 4,205 shares during the quarter. United Capital Financial Advisors LLC’s holdings in Pool were worth $12,267,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jump Financial LLC lifted its holdings in shares of Pool by 49.3% in the 4th quarter. Jump Financial LLC now owns 1,287 shares of the specialty retailer’s stock worth $439,000 after acquiring an additional 425 shares during the last quarter. Ontario Teachers Pension Plan Board lifted its stake in Pool by 111.8% in the fourth quarter. Ontario Teachers Pension Plan Board now owns 3,741 shares of the specialty retailer’s stock worth $1,275,000 after purchasing an additional 1,975 shares during the last quarter. Guggenheim Capital LLC boosted its position in shares of Pool by 37.5% during the fourth quarter. Guggenheim Capital LLC now owns 5,409 shares of the specialty retailer’s stock valued at $1,844,000 after buying an additional 1,474 shares during the period. Canada Post Corp Registered Pension Plan bought a new position in shares of Pool during the fourth quarter valued at approximately $228,000. Finally, Barclays PLC raised its holdings in shares of Pool by 0.8% in the fourth quarter. Barclays PLC now owns 81,150 shares of the specialty retailer’s stock worth $27,665,000 after buying an additional 630 shares during the period. 98.99% of the stock is owned by hedge funds and other institutional investors.

Pool Stock Down 1.5 %

Shares of Pool stock opened at $306.96 on Wednesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.05 and a quick ratio of 0.77. The stock has a market cap of $11.58 billion, a price-to-earnings ratio of 27.21, a PEG ratio of 2.03 and a beta of 1.13. The firm’s 50-day moving average is $330.23 and its two-hundred day moving average is $348.64. Pool Co. has a 1 year low of $284.28 and a 1 year high of $395.60.

Pool (NASDAQ:POOL) last released its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.08. The firm had revenue of $987.48 million for the quarter, compared to the consensus estimate of $961.04 million. Pool had a net margin of 8.18% and a return on equity of 31.11%. As a group, research analysts expect that Pool Co. will post 11.32 earnings per share for the current fiscal year.

Pool Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend was Wednesday, March 12th. Pool’s payout ratio is 42.55%.

Analysts Set New Price Targets

Several brokerages have commented on POOL. StockNews.com downgraded Pool from a “hold” rating to a “sell” rating in a research report on Friday, February 28th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Pool in a report on Tuesday, April 1st. They issued a “hold” rating and a $344.00 price target on the stock. Finally, Wells Fargo & Company decreased their price objective on shares of Pool from $360.00 to $315.00 and set an “equal weight” rating for the company in a report on Monday. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Pool presently has an average rating of “Hold” and an average target price of $360.33.

Insider Buying and Selling

In other Pool news, SVP Jennifer M. Neil sold 1,223 shares of the stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $315.00, for a total transaction of $385,245.00. Following the completion of the sale, the senior vice president now directly owns 9,667 shares of the company’s stock, valued at approximately $3,045,105. This represents a 11.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director De La Mesa Manuel J. Perez sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $346.00, for a total transaction of $3,460,000.00. Following the completion of the sale, the director now owns 62,577 shares in the company, valued at $21,651,642. This represents a 13.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.00% of the stock is currently owned by company insiders.

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.