Pool Co. (NASDAQ:POOL) Shares Sold by Level Four Advisory Services LLC

Level Four Advisory Services LLC lowered its stake in Pool Co. (NASDAQ:POOL) by 10.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,298 shares of the specialty retailer’s stock after selling 255 shares during the quarter. Level Four Advisory Services LLC’s holdings in Pool were worth $784,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of POOL. Vanguard Group Inc. lifted its stake in shares of Pool by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 4,443,451 shares of the specialty retailer’s stock worth $1,514,950,000 after acquiring an additional 21,870 shares during the period. JPMorgan Chase & Co. lifted its position in Pool by 22.7% in 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. Geode Capital Management LLC boosted its stake 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 purchasing an additional 6,232 shares in the last quarter. Pictet Asset Management Holding SA increased its position in shares of Pool by 25.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 636,007 shares of the specialty retailer’s stock valued at $216,840,000 after purchasing an additional 129,780 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Pool by 0.9% in the 4th quarter. Bank of New York Mellon Corp now owns 419,919 shares of the specialty retailer’s stock worth $143,167,000 after buying an additional 3,575 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

Insider Buying and Selling

In other news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $346.00, for a total transaction of $3,460,000.00. Following the transaction, the director now owns 62,577 shares of the company’s stock, valued at approximately $21,651,642. This represents a 13.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 3.00% of the stock is currently owned by corporate insiders.

Pool Stock Down 2.9 %

Pool stock opened at $314.92 on Monday. The firm’s 50 day moving average price is $340.58 and its two-hundred day moving average price is $353.55. The firm has a market cap of $11.85 billion, a PE ratio of 27.92, a P/E/G ratio of 2.03 and a beta of 1.05. Pool Co. has a twelve month low of $293.51 and a twelve month high of $403.61. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.77 and a current ratio of 2.05.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.08. Pool had a return on equity of 31.11% and a net margin of 8.18%. The business had revenue of $987.48 million during the quarter, compared to analyst estimates of $961.04 million. On average, research analysts predict that Pool Co. will post 11.32 EPS for the current fiscal year.

Pool Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were paid a $1.20 dividend. The ex-dividend date was Wednesday, March 12th. This represents a $4.80 annualized dividend and a dividend yield of 1.52%. Pool’s payout ratio is 42.55%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on POOL shares. Wells Fargo & Company lowered their target price on Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. StockNews.com cut shares of Pool from a “hold” rating to a “sell” rating in a research note on Friday, February 28th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Pool currently has an average rating of “Hold” and a consensus target price of $368.00.

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.