Pool Co. (NASDAQ:POOL) Shares Acquired by Toronto Dominion Bank

Toronto Dominion Bank increased its stake in shares of Pool Co. (NASDAQ:POOL) by 2.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,651 shares of the specialty retailer’s stock after acquiring an additional 282 shares during the period. Toronto Dominion Bank’s holdings in Pool were worth $5,144,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Taylor Frigon Capital Management LLC boosted its position in Pool by 0.8% in the 2nd quarter. Taylor Frigon Capital Management LLC now owns 3,544 shares of the specialty retailer’s stock worth $1,089,000 after purchasing an additional 28 shares in the last quarter. Heritage Family Offices LLP lifted its stake in shares of Pool by 2.2% in the 3rd quarter. Heritage Family Offices LLP now owns 1,278 shares of the specialty retailer’s stock valued at $482,000 after purchasing an additional 28 shares during the period. CWM LLC boosted its holdings in Pool by 3.7% during the third quarter. CWM LLC now owns 777 shares of the specialty retailer’s stock worth $293,000 after buying an additional 28 shares in the last quarter. Aurora Investment Counsel grew its position in Pool by 0.6% during the second quarter. Aurora Investment Counsel now owns 5,018 shares of the specialty retailer’s stock valued at $1,542,000 after buying an additional 30 shares during the period. Finally, First Citizens Bank & Trust Co. increased its holdings in Pool by 1.3% in the second quarter. First Citizens Bank & Trust Co. now owns 2,405 shares of the specialty retailer’s stock valued at $739,000 after buying an additional 31 shares in the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Pool Stock Down 1.8 %

Shares of POOL opened at $362.95 on Friday. The stock has a 50 day moving average price of $367.75 and a 200 day moving average price of $352.98. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.77 and a current ratio of 2.39. The stock has a market capitalization of $13.81 billion, a price-to-earnings ratio of 31.23, a PEG ratio of 2.27 and a beta of 1.01. Pool Co. has a one year low of $293.51 and a one year high of $422.73.

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

Pool Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date was Wednesday, November 13th. Pool’s dividend payout ratio (DPR) is 41.31%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Robert W. Baird raised their target price on Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research report on Wednesday, October 16th. Wells Fargo & Company raised their price objective on Pool from $330.00 to $370.00 and gave the company an “equal weight” rating in a report on Monday, October 7th. Loop Capital upped their target price on Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Oppenheimer increased 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. Finally, Stifel Nicolaus boosted their price target on shares of Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, October 28th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Pool presently has a consensus rating of “Hold” and an average price target of $369.25.

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.