Hartford Investment Management Co. Decreases Holdings in Pool Co. (NASDAQ:POOL)

Hartford Investment Management Co. lowered its position in shares of Pool Co. (NASDAQ:POOL) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,357 shares of the specialty retailer’s stock after selling 46 shares during the period. Hartford Investment Management Co.’s holdings in Pool were worth $804,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in POOL. L. Roy Papp & Associates LLP bought a new stake in shares of Pool in the 4th quarter worth approximately $653,000. Summit Trail Advisors LLC grew its position in Pool by 10.8% in the 4th quarter. Summit Trail Advisors LLC now owns 690 shares of the specialty retailer’s stock valued at $235,000 after buying an additional 67 shares in the last quarter. Apollon Wealth Management LLC increased its stake in Pool by 7.4% during the 4th quarter. Apollon Wealth Management LLC now owns 1,539 shares of the specialty retailer’s stock valued at $525,000 after buying an additional 106 shares during the period. Lecap Asset Management Ltd. bought a new stake in shares of Pool during the 4th quarter worth about $717,000. Finally, YANKCOM Partnership acquired a new stake in shares of Pool in the 4th quarter worth approximately $61,000. 98.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

POOL has been the topic of several recent analyst reports. Wells Fargo & Company dropped their target price on Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. StockNews.com lowered Pool from a “hold” rating to a “sell” rating in a report on Saturday, February 8th. Loop Capital lifted their target price on Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Oppenheimer upped their price target on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Finally, Stifel Nicolaus lifted their price objective 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. 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $368.00.

Pool Trading Up 1.2 %

Pool stock opened at $344.28 on Friday. The company has a 50 day moving average price of $346.40 and a 200 day moving average price of $356.30. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.77 and a current ratio of 2.39. Pool Co. has a 52 week low of $293.51 and a 52 week high of $422.73. The firm has a market capitalization of $13.10 billion, a price-to-earnings ratio of 29.63, a P/E/G ratio of 1.92 and a beta of 1.03.

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.