Pool Co. (NASDAQ:POOL) Shares Sold by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT reduced its stake in shares of Pool Co. (NASDAQ:POOL) by 22.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,171 shares of the specialty retailer’s stock after selling 623 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Pool were worth $740,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Berkshire Hathaway Inc acquired a new stake in shares of Pool during the 3rd quarter valued at $152,249,000. JPMorgan Chase & Co. raised its position in shares of Pool by 22.7% during the third quarter. JPMorgan Chase & Co. now owns 1,260,313 shares of the specialty retailer’s stock worth $474,886,000 after purchasing an additional 232,914 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Pool by 37,863.6% during the third quarter. International Assets Investment Management LLC now owns 137,808 shares of the specialty retailer’s stock valued at $51,926,000 after purchasing an additional 137,445 shares during the last quarter. Zurich Insurance Group Ltd FI acquired a new position in shares of Pool in the 3rd quarter valued at $40,750,000. Finally, Lord Abbett & CO. LLC increased its stake in Pool by 44.3% in the 3rd quarter. Lord Abbett & CO. LLC now owns 217,572 shares of the specialty retailer’s stock worth $81,981,000 after purchasing an additional 66,791 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analysts Set New Price Targets

POOL has been the subject of a number of analyst reports. Robert W. Baird upped their price objective on shares of Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research note on Wednesday, October 16th. StockNews.com upgraded shares of Pool from a “sell” rating to a “hold” rating in a research report on Friday. Stifel Nicolaus increased their price objective on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Wells Fargo & Company raised their price target on shares of Pool from $330.00 to $370.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. Finally, Oppenheimer upped their price objective on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $369.25.

Pool Trading Down 2.0 %

NASDAQ:POOL opened at $337.50 on Tuesday. 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 company has a market capitalization of $12.85 billion, a P/E ratio of 29.04, a P/E/G ratio of 1.93 and a beta of 1.03. The stock’s 50 day moving average price is $353.28 and its 200 day moving average price is $357.00. Pool Co. has a 52 week low of $293.51 and a 52 week high of $422.73.

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.