1 day Ago By ABMN Staff
DekaBank Deutsche Girozentrale lowered its stake in Pool Co. ( NASDAQ:POOL – Free Report ) by 43.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor owned 17,026 shares of the specialty retailer’s stock after selling 12,867 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Pool were worth $5,212,000 as of its most recent filing with the SEC. A number of other institutional investors and hedge funds also recently modified their holdings of the stock.
Nordea Investment Management AB boosted its position in shares of Pool by 154.0% in the 1st quarter. Nordea Investment Management AB now owns 124,784 shares of the specialty retailer’s stock valued at $50,856,000 after purchasing an additional 75,655 shares during the period.
TD Asset Management Inc boosted its position in shares of Pool by 67.4% in the 1st quarter. TD Asset Management Inc now owns 306,447 shares of the specialty retailer’s stock valued at $123,651,000 after purchasing an additional 123,387 shares during the period.
M&G Plc acquired a new position in shares of Pool in the 1st quarter valued at $4,436,000. Park Place Capital Corp boosted its position in shares of Pool by 173.8% in the 1st quarter.
Park Place Capital Corp now owns 824 shares of the specialty retailer’s stock valued at $332,000 after purchasing an additional 523 shares during the period. Finally, Franklin Resources Inc. boosted its position in shares of Pool by 93.
5% in the 4th quarter. Franklin Resources Inc. now owns 15,875 shares of the specialty retailer’s stock valued at $6,330,000 after purchasing an additional 7,672 shares during the period.
Institutional investors and hedge funds own 98.99% of the company’s stock. Pool Stock Up 3.
7 % POOL opened at $371.86 on Wednesday. Pool Co.
has a fifty-two week low of $293.51 and a fifty-two week high of $422.73.
The business has a 50-day moving average of $347.01 and a 200-day moving average of $359.93.
The company has a debt-to-equity ratio of 0.75, a current ratio of 2.48 and a quick ratio of 0.
88. The company has a market capitalization of $14.25 billion, a PE ratio of 29.
10, a price-to-earnings-growth ratio of 2.54 and a beta of 1.00.
Pool Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 15th were paid a $1.20 dividend.
This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.29%.
The ex-dividend date of this dividend was Thursday, August 15th. Pool’s payout ratio is 37.56%.
Analyst Upgrades and Downgrades POOL has been the subject of a number of research reports. The Goldman Sachs Group raised their price objective on Pool from $365.00 to $415.
00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Bank of America decreased their price objective on Pool from $338.00 to $290.
00 and set an “underperform” rating for the company in a research report on Tuesday, June 25th. Stifel Nicolaus raised their price objective on Pool from $310.00 to $335.
00 and gave the stock a “hold” rating in a research report on Friday, August 30th. StockNews.com lowered Pool from a “hold” rating to a “sell” rating in a research report on Wednesday, August 7th.
Finally, Stephens decreased their price objective on Pool from $425.00 to $350.00 and set an “overweight” rating for the company in a research report on Tuesday, June 25th.
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 company has a consensus rating of “Hold” and an average target price of $350.00.
View Our Latest Research Report on POOL Pool Profile ( 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. Recommended Stories Receive News & Ratings for Pool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pool and related companies with MarketBeat.
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