Jennifer M. Neil Sells 1,223 Shares of Pool Co. (NASDAQ:POOL) Stock

Pool Co. (NASDAQ:POOL) SVP Jennifer M. Neil sold 1,223 shares of the firm’s stock in a transaction on Monday, March 31st. The shares were sold at an average price of $315.00, for a total value of $385,245.00. Following the transaction, the senior vice president now owns 9,667 shares of the company’s stock, valued at $3,045,105. The trade was a 11.23 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Pool Price Performance

Pool stock traded down $0.22 during mid-day trading on Tuesday, reaching $318.13. 375,393 shares of the company’s stock traded hands, compared to its average volume of 368,467. The stock has a 50 day moving average of $339.95 and a two-hundred day moving average of $353.40. 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 company has a market cap of $11.97 billion, a price-to-earnings ratio of 28.20, a PEG ratio of 2.03 and a beta of 1.05. Pool Co. has a 12-month low of $293.51 and a 12-month high of $403.61.

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

Pool Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend was Wednesday, March 12th. Pool’s dividend payout ratio is currently 42.55%.

Institutional Trading of Pool

A number of large investors have recently made changes to their positions in POOL. Second Line Capital LLC lifted its holdings in shares of Pool by 4.1% in the 4th quarter. Second Line Capital LLC now owns 888 shares of the specialty retailer’s stock worth $303,000 after buying an additional 35 shares during the period. Tidal Investments LLC grew its holdings in Pool by 0.5% in the fourth quarter. Tidal Investments LLC now owns 6,696 shares of the specialty retailer’s stock worth $2,283,000 after purchasing an additional 35 shares during the last quarter. Waterloo Capital L.P. boosted its position in shares of Pool by 7.1% in the 4th quarter. Waterloo Capital L.P. now owns 635 shares of the specialty retailer’s stock worth $216,000 after purchasing an additional 42 shares in the last quarter. Venturi Wealth Management LLC raised its stake in Pool by 4.0% in the fourth quarter. Venturi Wealth Management LLC now owns 1,122 shares of the specialty retailer’s stock valued at $383,000 after buying an additional 43 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC boosted its holdings in Pool by 10.1% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 579 shares of the specialty retailer’s stock worth $197,000 after acquiring an additional 53 shares in the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on POOL shares. Wells Fargo & Company lowered their price target on Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft started coverage on Pool in a research note on Tuesday. They set a “hold” rating and a $344.00 price objective for the company. Finally, StockNews.com lowered Pool from a “hold” rating to a “sell” rating in a research note on Friday, February 28th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $365.33.

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.