Rice Hall James & Associates LLC Has $13.90 Million Holdings in Pool Co. (NASDAQ:POOL)

Rice Hall James & Associates LLC lowered its stake in Pool Co. (NASDAQ:POOL) by 4.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,897 shares of the specialty retailer’s stock after selling 1,712 shares during the quarter. Rice Hall James & Associates LLC owned 0.10% of Pool worth $13,903,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of POOL. Tortoise Investment Management LLC raised its holdings in shares of Pool by 68.9% during the second quarter. Tortoise Investment Management LLC now owns 103 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 42 shares during the period. Crewe Advisors LLC grew its position in shares of Pool by 232.4% during the 2nd quarter. Crewe Advisors LLC now owns 113 shares of the specialty retailer’s stock valued at $35,000 after acquiring an additional 79 shares during the period. UMB Bank n.a. increased its position in Pool by 26.2% in the second quarter. UMB Bank n.a. now owns 207 shares of the specialty retailer’s stock worth $64,000 after buying an additional 43 shares during the last quarter. Ridgewood Investments LLC bought a new stake in shares of Pool in the second quarter valued at $74,000. Finally, Summit Securities Group LLC purchased a new position in shares of Pool during the 2nd quarter valued at $75,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Price Performance

NASDAQ:POOL opened at $361.64 on Friday. Pool Co. has a 52-week low of $293.51 and a 52-week high of $422.73. The stock has a fifty day moving average of $360.80 and a 200 day moving average of $352.76. 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 firm has a market capitalization of $13.84 billion, a price-to-earnings ratio of 31.12, a P/E/G ratio of 2.21 and a beta of 1.01.

Pool (NASDAQ:POOL) last issued its quarterly earnings data on Thursday, October 24th. The specialty retailer reported $3.26 EPS for the quarter, topping the consensus estimate of $3.15 by $0.11. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.40 billion. Pool had a return on equity of 31.89% and a net margin of 8.42%. Pool’s revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.50 earnings per share. On average, research analysts expect that Pool Co. will post 11.01 EPS for the current fiscal year.

Analyst Ratings Changes

POOL has been the subject of several recent research reports. Stifel Nicolaus lifted their price objective on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a report on Monday. StockNews.com lowered shares of Pool from a “hold” rating to a “sell” rating in a research report on Friday, October 25th. The Goldman Sachs Group raised their price objective on shares of Pool from $365.00 to $415.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Oppenheimer boosted their target price on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday. Finally, Robert W. Baird raised their price target on Pool from $377.00 to $408.00 and gave the stock a “neutral” rating in a report on Wednesday, October 16th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $369.11.

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.