Pool Co. (NASDAQ:POOL) Shares Sold by Thompson Investment Management Inc.

Thompson Investment Management Inc. cut its holdings in Pool Co. (NASDAQ:POOL) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 725 shares of the specialty retailer’s stock after selling 50 shares during the quarter. Thompson Investment Management Inc.’s holdings in Pool were worth $247,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Berkshire Hathaway Inc purchased a new position in Pool during the 3rd quarter worth $152,249,000. JPMorgan Chase & Co. raised its holdings in Pool by 22.7% during the third quarter. JPMorgan Chase & Co. now owns 1,260,313 shares of the specialty retailer’s stock worth $474,886,000 after purchasing an additional 232,914 shares in the last quarter. International Assets Investment Management LLC lifted its position in Pool by 37,863.6% in the third quarter. International Assets Investment Management LLC now owns 137,808 shares of the specialty retailer’s stock valued at $51,926,000 after purchasing an additional 137,445 shares during the period. Zurich Insurance Group Ltd FI purchased a new stake in Pool in the 3rd quarter valued at approximately $40,750,000. Finally, Lord Abbett & CO. LLC boosted its holdings in Pool by 44.3% in the 3rd quarter. Lord Abbett & CO. LLC now owns 217,572 shares of the specialty retailer’s stock valued at $81,981,000 after purchasing an additional 66,791 shares in the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Pool Stock Down 1.9 %

Shares of NASDAQ POOL opened at $331.71 on Monday. The firm’s 50-day moving average is $350.06 and its two-hundred day moving average is $357.17. The company has a market capitalization of $12.62 billion, a PE ratio of 28.55, a price-to-earnings-growth ratio of 1.92 and a beta of 1.03. Pool Co. has a 12-month low of $293.51 and a 12-month high of $422.73. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Wells Fargo & Company reduced their price target on Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a report on Tuesday, February 4th. Robert W. Baird raised their target price on Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a report on Wednesday, October 16th. Stifel Nicolaus upped their price target on shares of Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Loop Capital raised their price objective on shares of Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Finally, StockNews.com lowered shares of Pool from a “hold” rating to a “sell” rating in a research report on Saturday. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $368.00.

Pool Company 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.