Pool Co. (NASDAQ:POOL) Shares Acquired by We Are One Seven LLC

We Are One Seven LLC boosted its position in shares of Pool Co. (NASDAQ:POOL) by 3.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,230 shares of the specialty retailer’s stock after purchasing an additional 94 shares during the period. We Are One Seven LLC’s holdings in Pool were worth $651,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. CX Institutional grew its holdings in Pool by 45.5% during the 3rd quarter. CX Institutional now owns 176 shares of the specialty retailer’s stock worth $35,000 after acquiring an additional 55 shares in the last quarter. Huntington National Bank lifted its position in Pool by 13.0% in the 2nd quarter. Huntington National Bank now owns 521 shares of the specialty retailer’s stock valued at $100,000 after purchasing an additional 60 shares during the last quarter. M&T Bank Corp lifted its position in Pool by 2.3% in the 2nd quarter. M&T Bank Corp now owns 3,529 shares of the specialty retailer’s stock valued at $673,000 after purchasing an additional 79 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its position in Pool by 1.1% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,280 shares of the specialty retailer’s stock valued at $1,390,000 after purchasing an additional 80 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its position in Pool by 0.8% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 16,243 shares of the specialty retailer’s stock valued at $3,102,000 after purchasing an additional 125 shares during the last quarter. 94.25% of the stock is owned by institutional investors and hedge funds.

Shares of POOL stock traded up $3.03 during trading on Friday, hitting $204.48. 691 shares of the company were exchanged, compared to its average volume of 207,641. The company has a debt-to-equity ratio of 2.30, a quick ratio of 0.97 and a current ratio of 2.35. The firm has a market capitalization of $8.01 billion, a price-to-earnings ratio of 36.40, a P/E/G ratio of 1.47 and a beta of 0.88. The business’s 50-day simple moving average is $196.88 and its 200 day simple moving average is $186.64. Pool Co. has a twelve month low of $136.83 and a twelve month high of $204.97.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, July 18th. The specialty retailer reported $3.22 EPS for the quarter, topping the consensus estimate of $3.21 by $0.01. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Pool had a net margin of 8.14% and a return on equity of 82.89%. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period last year, the company posted $2.80 earnings per share. On average, equities analysts forecast that Pool Co. will post 5.81 earnings per share for the current fiscal year.

In other Pool news, CEO Peter D. Arvan bought 500 shares of the business’s stock in a transaction on Monday, August 5th. The shares were bought at an average cost of $187.20 per share, for a total transaction of $93,600.00. Following the transaction, the chief executive officer now owns 38,733 shares in the company, valued at approximately $7,250,817.60. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Vice Chairman De La Mesa Manuel J. Perez sold 6,874 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $198.17, for a total transaction of $1,362,220.58. Following the transaction, the insider now owns 66,576 shares in the company, valued at $13,193,365.92. The disclosure for this sale can be found here. Insiders have sold 48,965 shares of company stock worth $9,560,885 in the last ninety days. 6.00% of the stock is currently owned by insiders.

POOL has been the topic of several research analyst reports. ValuEngine cut shares of Pool from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Robert W. Baird set a $192.00 target price on shares of Pool and gave the company a “buy” rating in a research note on Friday, July 19th. BidaskClub raised shares of Pool from a “hold” rating to a “buy” rating in a research note on Wednesday, September 25th. Zacks Investment Research raised shares of Pool from a “sell” rating to a “hold” rating and set a $209.00 target price on the stock in a research note on Monday, August 12th. Finally, Sidoti cut shares of Pool from a “buy” rating to a “neutral” rating and set a $215.00 target price on the stock. in a research note on Friday, August 23rd. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $191.40.

Pool Company Profile

Pool Corp. engages in the wholesale distribution of swimming pool supplies, equipment and related leisure products. It also provides irrigation and landscape products. The company was founded in 1993 and is headquartered in Covington, LA.

Read More: Cost of Goods Sold (COGS)

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Institutional Ownership by Quarter for Pool (NASDAQ:POOL)

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