Pool Co. (NASDAQ:POOL - Get Free Report) SVP Jennifer M. Neil sold 1,223 shares of the business's stock in a transaction on 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 owns 9,667 shares in the company, valued at $3,045,105. This represents a 11.23 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Pool Trading Down 0.1 %
Shares of POOL opened at $318.13 on Wednesday. The stock's fifty day simple moving average is $339.95 and its 200-day simple moving average is $353.40. The company has a quick ratio of 0.77, a current ratio of 2.05 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $11.97 billion, a PE ratio of 28.20, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05. Pool Co. has a 12-month low of $293.51 and a 12-month high of $402.45.
Pool (NASDAQ:POOL - Get Free Report) last issued its earnings results on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.08. The company had revenue of $987.48 million for the quarter, compared to analyst estimates 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 predict that Pool Co. will post 11.32 earnings per share for the current year.
Pool Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date was Wednesday, March 12th. Pool's dividend payout ratio (DPR) is currently 42.55%.
Institutional Investors Weigh In On Pool
A number of institutional investors have recently made changes to their positions in POOL. Rakuten Securities Inc. lifted its stake in Pool by 2,300.0% in the fourth quarter. Rakuten Securities Inc. now owns 72 shares of the specialty retailer's stock valued at $25,000 after buying an additional 69 shares during the period. Atala Financial Inc acquired a new stake in shares of Pool in the 4th quarter valued at approximately $29,000. Sierra Ocean LLC bought a new position in Pool during the 4th quarter worth approximately $30,000. FWL Investment Management LLC acquired a new position in Pool during the fourth quarter valued at approximately $39,000. Finally, Private Trust Co. NA increased its stake in Pool by 76.9% in the fourth quarter. Private Trust Co. NA now owns 138 shares of the specialty retailer's stock valued at $47,000 after purchasing an additional 60 shares in the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on POOL. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Pool in a report on Tuesday. They set a "hold" rating and a $344.00 price target for the company. Wells Fargo & Company cut their target price on shares of Pool from $370.00 to $360.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 4th. Finally, StockNews.com lowered Pool from a "hold" rating to a "sell" rating in a research report on Friday, February 28th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $365.33.
Check Out Our Latest Analysis on POOL
Pool Company Profile
(
Get Free Report)
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.
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