One Wealth Advisors LLC Trims Stake in Pool Co. (NASDAQ:POOL)

One Wealth Advisors LLC cut its position in Pool Co. (NASDAQ:POOL) by 17.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,512 shares of the specialty retailer’s stock after selling 309 shares during the quarter. One Wealth Advisors LLC’s holdings in Pool were worth $516,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its position in shares of Pool by 0.5% during the second quarter. The Manufacturers Life Insurance Company now owns 23,619 shares of the specialty retailer’s stock worth $7,259,000 after acquiring an additional 112 shares during the last quarter. Cetera Investment Advisers grew its position in Pool by 6.6% during the 2nd quarter. Cetera Investment Advisers now owns 7,522 shares of the specialty retailer’s stock worth $2,312,000 after purchasing an additional 464 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Pool in the second quarter valued at $3,762,000. Czech National Bank raised its holdings in shares of Pool by 6.7% in the third quarter. Czech National Bank now owns 7,793 shares of the specialty retailer’s stock valued at $2,936,000 after buying an additional 489 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Pool by 24.8% during the third quarter. GAMMA Investing LLC now owns 402 shares of the specialty retailer’s stock worth $151,000 after buying an additional 80 shares during the period. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analyst Ratings Changes

POOL has been the topic of a number of recent research reports. StockNews.com raised Pool from a “sell” rating to a “hold” rating in a report on Friday. Loop Capital upped their price objective on shares of Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Stifel Nicolaus boosted their target price on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research report on Monday, October 28th. Robert W. Baird increased their target price on Pool from $377.00 to $408.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 16th. Finally, Wells Fargo & Company lifted their price target on Pool from $330.00 to $370.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. One equities 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $369.25.

Pool Trading Down 1.3 %

Shares of POOL opened at $344.25 on Monday. Pool Co. has a 1-year low of $293.51 and a 1-year high of $422.73. 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 firm has a 50 day simple moving average of $354.33 and a 200-day simple moving average of $356.96. The stock has a market cap of $13.10 billion, a price-to-earnings ratio of 29.63, a price-to-earnings-growth ratio of 1.93 and a beta of 1.03.

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.