Bath Savings Trust Co Lowers Stock Position in Pool Co. (NASDAQ:POOL)

Bath Savings Trust Co decreased its position in Pool Co. (NASDAQ:POOL) by 23.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,412 shares of the specialty retailer’s stock after selling 440 shares during the period. Bath Savings Trust Co’s holdings in Pool were worth $481,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Brooklyn Investment Group acquired a new position in Pool in the 3rd quarter worth about $31,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Pool in the third quarter valued at approximately $60,000. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Pool by 101.2% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer’s stock worth $123,000 after buying an additional 164 shares during the period. GAMMA Investing LLC lifted its position in shares of Pool by 24.8% during the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty retailer’s stock valued at $151,000 after buying an additional 80 shares in the last quarter. Finally, Exchange Traded Concepts LLC acquired a new stake in Pool in the 3rd quarter valued at $160,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Trading Down 0.0 %

POOL traded down $0.03 during trading hours on Tuesday, reaching $332.48. The company’s stock had a trading volume of 208,270 shares, compared to its average volume of 320,281. The business’s 50-day moving average is $361.44 and its 200-day moving average is $352.84. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77. The stock has a market cap of $12.65 billion, a PE ratio of 28.61, a P/E/G ratio of 2.20 and a beta of 1.03. Pool Co. has a fifty-two week low of $293.51 and a fifty-two week high of $422.73.

Pool (NASDAQ:POOL) last released its quarterly earnings results on Thursday, October 24th. The specialty retailer reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.15 by $0.11. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.40 billion. Pool had a net margin of 8.42% and a return on equity of 31.89%. The business’s revenue was down 2.8% on a year-over-year basis. During the same period in the previous year, the firm earned $3.50 EPS. As a group, equities research analysts predict that Pool Co. will post 11.02 earnings per share for the current fiscal year.

Pool Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were paid a $1.20 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.44%. Pool’s payout ratio is presently 41.31%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on POOL shares. Wells Fargo & Company increased their price objective on shares of Pool from $330.00 to $370.00 and gave the company an “equal weight” rating in a report on Monday, October 7th. StockNews.com cut Pool from a “hold” rating to a “sell” rating in a report on Friday. Oppenheimer raised their target price on Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. Robert W. Baird boosted their price target on Pool from $377.00 to $408.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. Finally, Loop Capital raised their price objective on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a report on Friday, October 25th. Two 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. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $369.25.

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.