Y.D. More Investments Ltd Has $765,000 Holdings in Pool Co. (NASDAQ:POOL)

Y.D. More Investments Ltd cut its position in Pool Co. (NASDAQ:POOL) by 25.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,919 shares of the specialty retailer’s stock after selling 665 shares during the quarter. Y.D. More Investments Ltd’s holdings in Pool were worth $765,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC bought a new position in Pool in the 4th quarter worth 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 acquiring an additional 55 shares during the last quarter. CVA Family Office LLC bought a new stake in shares of Pool during the 4th quarter valued at about $34,000. 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 acquiring an additional 42 shares during the last quarter. Finally, Huntington National Bank boosted its position in shares of Pool by 96.7% during the 3rd quarter. Huntington National Bank now owns 118 shares of the specialty retailer’s stock valued at $42,000 after acquiring an additional 58 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Stock Performance

Pool stock traded down $3.03 during mid-day trading on Wednesday, reaching $359.50. 397,483 shares of the stock traded hands, compared to its average volume of 335,084. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.88 and a quick ratio of 0.56. The business’s 50-day moving average is $391.98 and its 200-day moving average is $374.37. The stock has a market capitalization of $13.84 billion, a PE ratio of 28.37, a price-to-earnings-growth ratio of 3.81 and a beta of 1.00. Pool Co. has a 12-month low of $307.77 and a 12-month high of $422.73.

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

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend was Wednesday, March 13th. Pool’s payout ratio is 34.43%.

Insider Transactions at Pool

In other news, General Counsel Jennifer M. Neil sold 1,100 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $401.00, for a total value of $441,100.00. Following the sale, the general counsel now directly owns 8,622 shares in the company, valued at $3,457,422. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

POOL has been the subject of a number of recent research reports. Stifel Nicolaus dropped their target price on Pool from $370.00 to $360.00 and set a “hold” rating for the company in a research report on Monday. TheStreet cut Pool from a “b” rating to a “c+” rating in a research note on Thursday, February 22nd. Loop Capital cut Pool from a “buy” rating to a “hold” rating and lifted their price target for the stock from $380.00 to $415.00 in a research note on Monday, January 8th. Finally, Oppenheimer decreased their price target on Pool from $436.00 to $416.00 and set an “outperform” rating on the stock in a research note on Monday. Five equities research 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 stock has an average rating of “Hold” and an average price target of $391.80.

About Pool

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.