Pool Co. (NASDAQ:POOL) Shares Sold by Y.D. More Investments Ltd

Y.D. More Investments Ltd lowered its position in Pool Co. (NASDAQ:POOL) by 25.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,919 shares of the specialty retailer’s stock after selling 665 shares during the period. Y.D. More Investments Ltd’s holdings in Pool were worth $765,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of POOL. Exchange Traded Concepts LLC purchased a new stake in Pool in the 3rd quarter worth approximately $80,000. Simplicity Solutions LLC lifted its position in shares of Pool by 9.9% during the 3rd quarter. Simplicity Solutions LLC now owns 818 shares of the specialty retailer’s stock valued at $291,000 after buying an additional 74 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Pool by 2.0% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 4,725 shares of the specialty retailer’s stock valued at $1,683,000 after buying an additional 93 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Pool by 138.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 3,235 shares of the specialty retailer’s stock valued at $1,152,000 after buying an additional 1,876 shares in the last quarter. Finally, Xponance Inc. lifted its position in shares of Pool by 2.0% during the 3rd quarter. Xponance Inc. now owns 9,272 shares of the specialty retailer’s stock valued at $3,302,000 after buying an additional 182 shares in the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Pool Trading Down 0.8 %

POOL traded down $3.03 during trading on Wednesday, hitting $359.50. 397,483 shares of the company’s stock were exchanged, compared to its average volume of 335,084. The company has a current ratio of 1.88, a quick ratio of 0.56 and a debt-to-equity ratio of 0.70. Pool Co. has a 1 year low of $307.77 and a 1 year high of $422.73. The stock has a 50 day moving average price of $391.98 and a 200 day moving average price of $374.37. The firm has a market cap of $13.84 billion, a P/E ratio of 28.37, a price-to-earnings-growth ratio of 3.81 and a beta of 1.00.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $1.85 EPS for the quarter, missing analysts’ consensus estimates of $1.87 by ($0.02). Pool had a net margin of 9.17% and a return on equity of 35.49%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the company earned $2.46 earnings per share. The company’s revenue was down 7.1% compared to the same quarter last year. As a group, analysts expect that Pool Co. will post 13.18 EPS for the current fiscal year.

Pool Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 14th were issued a dividend of $1.10 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.22%. Pool’s dividend payout ratio (DPR) is 34.43%.

Insiders Place Their Bets

In other Pool news, General Counsel Jennifer M. Neil sold 1,100 shares of the stock in a transaction on Friday, March 1st. The shares were sold at an average price of $401.00, for a total transaction of $441,100.00. Following the sale, the general counsel now directly owns 8,622 shares of the company’s stock, valued at $3,457,422. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on POOL. Stifel Nicolaus reduced their price objective on Pool from $370.00 to $360.00 and set a “hold” rating for the company in a research note on Monday. TheStreet cut Pool from a “b” rating to a “c+” rating in a research note on Thursday, February 22nd. Loop Capital downgraded shares of Pool from a “buy” rating to a “hold” rating and upped their price target for the company from $380.00 to $415.00 in a report on Monday, January 8th. Finally, Oppenheimer dropped their price target on shares of Pool from $436.00 to $416.00 and set an “outperform” rating for the company in a research report on Monday. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $391.80.

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.