Amundi Has $83.03 Million Holdings in Pool Co. (NASDAQ:POOL)

Amundi lifted its position in shares of Pool Co. (NASDAQ:POOL) by 15.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 255,645 shares of the specialty retailer’s stock after purchasing an additional 33,777 shares during the quarter. Amundi’s holdings in Pool were worth $83,031,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group bought a new position in shares of Pool during the 3rd quarter worth approximately $31,000. Sierra Ocean LLC bought a new position in shares of Pool during the 4th quarter worth approximately $30,000. Private Trust Co. NA lifted its position in shares of Pool by 76.9% during the 4th quarter. Private Trust Co. NA now owns 138 shares of the specialty retailer’s stock worth $47,000 after buying an additional 60 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Pool during the 3rd quarter worth approximately $60,000. Finally, YANKCOM Partnership bought a new position in shares of Pool during the 4th quarter worth approximately $61,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on POOL. Wells Fargo & Company cut their target price on Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 4th. StockNews.com downgraded Pool from a “hold” rating to a “sell” rating in a research report on Friday, February 28th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $368.00.

Insider Activity

In other news, Director De La Mesa Manuel J. Perez sold 10,000 shares of Pool stock in a transaction on 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 completion of the sale, the director now directly owns 62,577 shares of the company’s stock, valued at approximately $21,651,642. This trade represents a 13.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.00% of the company’s stock.

Pool Trading Down 5.6 %

Shares of POOL opened at $343.56 on Wednesday. The stock has a fifty day moving average price of $343.58 and a two-hundred day moving average price of $355.86. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.77 and a current ratio of 2.05. Pool Co. has a 52-week low of $293.51 and a 52-week high of $420.98. The company has a market cap of $12.93 billion, a price-to-earnings ratio of 30.46, a PEG ratio of 2.03 and a beta of 1.05.

Pool (NASDAQ:POOL) last issued its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, beating 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 return on equity of 31.11% and a net margin of 8.18%. Analysts predict that Pool Co. will post 11.32 EPS for the current fiscal year.

Pool Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be paid a $1.20 dividend. The ex-dividend date is Wednesday, March 12th. This represents a $4.80 annualized dividend and a dividend yield of 1.40%. Pool’s dividend payout ratio (DPR) is currently 42.55%.

About Pool

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.