Pool Co. (NASDAQ:POOL) Stake Increased by Blair William & Co. IL

Blair William & Co. IL boosted its holdings in shares of Pool Co. (NASDAQ:POOL) by 1.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 854,709 shares of the specialty retailer’s stock after buying an additional 11,059 shares during the period. Pool makes up about 0.8% of Blair William & Co. IL’s holdings, making the stock its 27th biggest position. Blair William & Co. IL’s holdings in Pool were worth $262,678,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Taylor Frigon Capital Management LLC increased its holdings in shares of Pool by 0.8% in the 2nd quarter. Taylor Frigon Capital Management LLC now owns 3,544 shares of the specialty retailer’s stock valued at $1,089,000 after purchasing an additional 28 shares during the period. Wedmont Private Capital grew its position in Pool by 5.4% during the first quarter. Wedmont Private Capital now owns 590 shares of the specialty retailer’s stock valued at $236,000 after purchasing an additional 30 shares in the last quarter. Czech National Bank increased its stake in Pool by 0.4% in the 1st quarter. Czech National Bank now owns 6,805 shares of the specialty retailer’s stock valued at $2,746,000 after buying an additional 30 shares during the period. TIAA Trust National Association lifted its position in Pool by 4.2% in the 1st quarter. TIAA Trust National Association now owns 747 shares of the specialty retailer’s stock worth $301,000 after buying an additional 30 shares in the last quarter. Finally, Great Lakes Advisors LLC boosted its stake in shares of Pool by 1.2% during the 4th quarter. Great Lakes Advisors LLC now owns 2,724 shares of the specialty retailer’s stock valued at $1,086,000 after buying an additional 31 shares during the period. 98.99% of the stock is owned by hedge funds and other institutional investors.

Pool Stock Up 3.7 %

POOL opened at $371.86 on Wednesday. Pool Co. has a twelve month low of $293.51 and a twelve month high of $422.73. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.88 and a current ratio of 2.48. The business has a 50 day moving average price of $347.01 and a 200 day moving average price of $359.93. The firm has a market cap of $14.25 billion, a P/E ratio of 29.10, a price-to-earnings-growth ratio of 2.54 and a beta of 1.00.

Pool (NASDAQ:POOL) last issued its quarterly earnings data on Thursday, July 25th. The specialty retailer reported $4.99 earnings per share for the quarter, topping analysts’ consensus estimates of $4.90 by $0.09. The business had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Pool had a net margin of 8.58% and a return on equity of 32.85%. Pool’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the previous year, the company earned $5.89 earnings per share. Research analysts forecast that Pool Co. will post 10.99 EPS for the current year.

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 15th were given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Thursday, August 15th. Pool’s dividend payout ratio is currently 37.56%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on POOL. Oppenheimer upped their price target on shares of Pool from $356.00 to $380.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Bank of America dropped their target price on Pool from $338.00 to $290.00 and set an “underperform” rating on the stock in a research report on Tuesday, June 25th. The Goldman Sachs Group lifted their price target on Pool from $365.00 to $415.00 and gave the company a “buy” rating in a report on Friday, July 26th. Wells Fargo & Company boosted their price target on Pool from $285.00 to $330.00 and gave the company an “equal weight” rating in a research note on Friday, July 26th. Finally, StockNews.com lowered shares of Pool from a “hold” rating to a “sell” rating in a research report on Wednesday, August 7th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $350.00.

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.