WoodTrust Financial Corp Reduces Stake in Pool Co. (NASDAQ:POOL)

WoodTrust Financial Corp cut its position in shares of Pool Co. (NASDAQ:POOL) by 67.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,125 shares of the specialty retailer’s stock after selling 2,350 shares during the quarter. WoodTrust Financial Corp’s holdings in Pool were worth $384,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Empirical Finance LLC grew its position in shares of Pool by 3.7% in the third quarter. Empirical Finance LLC now owns 1,103 shares of the specialty retailer’s stock valued at $416,000 after purchasing an additional 39 shares during the last quarter. Second Line Capital LLC lifted its stake in Pool by 4.8% in the 3rd quarter. Second Line Capital LLC now owns 853 shares of the specialty retailer’s stock valued at $322,000 after buying an additional 39 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in Pool by 4.0% during the 4th 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. Sugarloaf Wealth Management LLC grew its holdings in Pool by 10.1% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 579 shares of the specialty retailer’s stock valued at $197,000 after buying an additional 53 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its position in Pool by 0.8% during the third quarter. TD Private Client Wealth LLC now owns 7,250 shares of the specialty retailer’s stock worth $2,732,000 after buying an additional 54 shares in the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director De La Mesa Manuel J. Perez sold 10,000 shares of Pool stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $346.00, for a total value of $3,460,000.00. Following the transaction, the director now directly owns 62,577 shares of the company’s stock, valued at $21,651,642. The trade was a 13.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 3.00% of the company’s stock.

Pool Stock Performance

NASDAQ POOL opened at $341.29 on Wednesday. The business’s 50-day moving average price is $342.92 and its 200 day moving average price is $355.61. The company has a current ratio of 2.05, a quick ratio of 0.77 and a debt-to-equity ratio of 0.71. Pool Co. has a twelve month low of $293.51 and a twelve month high of $422.73. The company has a market capitalization of $12.99 billion, a PE ratio of 30.26, a price-to-earnings-growth ratio of 2.03 and a beta of 1.03.

Pool (NASDAQ:POOL) last announced its quarterly earnings data 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. Pool had a net margin of 8.18% and a return on equity of 31.11%. The business had revenue of $987.48 million for the quarter, compared to analyst estimates of $961.04 million. On average, research analysts predict that Pool Co. will post 11.32 earnings per share for the current year.

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be paid a dividend of $1.20 per share. The ex-dividend date is Wednesday, March 12th. This represents a $4.80 annualized dividend and a dividend yield of 1.41%. Pool’s dividend payout ratio is presently 42.55%.

Analysts Set New Price Targets

POOL has been the topic of several recent research reports. StockNews.com downgraded Pool from a “hold” rating to a “sell” rating in a research report on Friday, February 28th. Wells Fargo & Company reduced their target price on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price 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.