LVW Advisors LLC Sells 202 Shares of Pool Co. (NASDAQ:POOL)

LVW Advisors LLC trimmed its holdings in Pool Co. (NASDAQ:POOL) by 7.4% in the fourth quarter, HoldingsChannel reports. The fund owned 2,514 shares of the specialty retailer’s stock after selling 202 shares during the period. LVW Advisors LLC’s holdings in Pool were worth $857,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in shares of Pool by 22.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,260,313 shares of the specialty retailer’s stock worth $474,886,000 after acquiring an additional 232,914 shares during the last quarter. Geode Capital Management LLC raised its holdings in Pool by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 964,343 shares of the specialty retailer’s stock valued at $362,196,000 after buying an additional 6,232 shares during the last quarter. Wasatch Advisors LP raised its holdings in Pool by 0.6% during the 3rd quarter. Wasatch Advisors LP now owns 565,339 shares of the specialty retailer’s stock valued at $213,020,000 after buying an additional 3,428 shares during the last quarter. Berkshire Hathaway Inc bought a new stake in Pool during the 3rd quarter valued at $152,249,000. Finally, Dimensional Fund Advisors LP raised its holdings in Pool by 8.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 296,063 shares of the specialty retailer’s stock valued at $90,992,000 after buying an additional 23,396 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

POOL has been the subject of a number of recent analyst reports. StockNews.com lowered shares of Pool from a “hold” rating to a “sell” rating in a report on Sunday. Loop Capital boosted their price objective on shares of Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Oppenheimer boosted their price objective on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. Stifel Nicolaus boosted their price objective on shares of Pool from $335.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, October 28th. Finally, Wells Fargo & Company boosted their price objective on shares of Pool from $330.00 to $370.00 and gave the company an “equal weight” rating in a research report on Monday, October 7th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have given 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.

Pool Stock Up 0.2 %

NASDAQ:POOL opened at $350.26 on Monday. The firm’s 50-day moving average price is $355.98 and its 200-day moving average price is $354.24. The company has a market capitalization of $13.33 billion, a PE ratio of 30.14, a P/E/G ratio of 1.83 and a beta of 1.03. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77. Pool Co. has a 1-year low of $293.51 and a 1-year high of $422.73.

Pool (NASDAQ:POOL) last released its earnings results on Thursday, October 24th. The specialty retailer reported $3.26 earnings per share for the quarter, topping analysts’ consensus estimates of $3.15 by $0.11. The firm 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 company’s revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.50 EPS. On average, equities analysts predict that Pool Co. will post 11.03 EPS for the current fiscal year.

Pool Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend was Wednesday, November 13th. Pool’s dividend payout ratio (DPR) is 41.31%.

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.