Hantz Financial Services Inc. Sells 23,111 Shares of Pool Co. (NASDAQ:POOL)

Hantz Financial Services Inc. decreased its holdings in shares of Pool Co. (NASDAQ:POOL) by 72.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,634 shares of the specialty retailer’s stock after selling 23,111 shares during the quarter. Hantz Financial Services Inc.’s holdings in Pool were worth $2,944,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Heritage Family Offices LLP grew its stake in shares of Pool by 2.2% in the third quarter. Heritage Family Offices LLP now owns 1,278 shares of the specialty retailer’s stock worth $482,000 after acquiring an additional 28 shares during the last quarter. CWM LLC boosted its holdings in Pool by 3.7% in the 3rd quarter. CWM LLC now owns 777 shares of the specialty retailer’s stock valued at $293,000 after purchasing an additional 28 shares during the period. Empirical Finance LLC grew its position in Pool by 3.7% in the 3rd quarter. Empirical Finance LLC now owns 1,103 shares of the specialty retailer’s stock worth $416,000 after purchasing an additional 39 shares during the last quarter. Second Line Capital LLC raised its position in shares of Pool by 4.8% during the third quarter. Second Line Capital LLC now owns 853 shares of the specialty retailer’s stock valued at $322,000 after buying an additional 39 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC grew its position in Pool by 10.1% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 579 shares of the specialty retailer’s stock worth $197,000 after buying an additional 53 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Stock Performance

Shares of POOL opened at $348.62 on Friday. The company has a market cap of $13.27 billion, a PE ratio of 30.00, a price-to-earnings-growth ratio of 2.02 and a beta of 1.03. The firm has a 50-day moving average of $354.77 and a 200-day moving average of $356.55. Pool Co. has a one year low of $293.51 and a one year high of $422.73. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on POOL shares. StockNews.com cut Pool from a “hold” rating to a “sell” rating in a research report on Sunday, January 19th. Robert W. Baird lifted their target price 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. Loop Capital upped their price target on shares of Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Wells Fargo & Company increased their price objective on Pool from $330.00 to $370.00 and gave the company an “equal weight” rating in a research report on Monday, October 7th. Finally, Stifel Nicolaus lifted their target price on shares of Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Two 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. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $369.25.

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.