BankPlus Trust Department Acquires Shares of 428 Pool Co. (NASDAQ:POOL)

BankPlus Trust Department bought a new stake in Pool Co. (NASDAQ:POOL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 428 shares of the specialty retailer’s stock, valued at approximately $146,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sierra Ocean LLC purchased a new stake in shares of Pool in the fourth quarter valued at about $30,000. Brooklyn Investment Group purchased a new stake in shares of Pool in the third quarter valued at about $31,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Pool in the third quarter valued at about $60,000. YANKCOM Partnership purchased a new stake in shares of Pool in the fourth quarter valued at about $61,000. Finally, Hilltop National Bank raised its holdings in shares of Pool by 18.1% in the fourth quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock valued at $140,000 after purchasing an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Wells Fargo & Company lowered their target price on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a report on Tuesday, February 4th. StockNews.com upgraded shares of Pool from a “sell” rating to a “hold” rating in a report on Thursday, February 20th. Stifel Nicolaus raised their price objective on shares of Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Finally, Oppenheimer raised their price objective on shares of Pool from $380.00 to $386.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Pool presently has a consensus rating of “Hold” and a consensus target price of $368.00.

Pool Price Performance

POOL opened at $344.73 on Tuesday. The company has a market capitalization of $13.12 billion, a price-to-earnings ratio of 30.56, a PEG ratio of 2.03 and a beta of 1.03. 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 50-day moving average price of $343.12 and a 200-day moving average price of $355.63. Pool Co. has a twelve month low of $293.51 and a twelve month high of $422.73.

Pool (NASDAQ:POOL) last posted its earnings results on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.08. The firm had revenue of $987.48 million during the quarter, compared to the consensus estimate of $961.04 million. Pool had a net margin of 8.18% and a return on equity of 31.11%. Equities analysts expect that Pool Co. will post 11.32 EPS for the current year.

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.