National Bank of Canada FI Has $6.10 Million Holdings in Pool Co. (NASDAQ:POOL)

National Bank of Canada FI raised its position in shares of Pool Co. (NASDAQ:POOL) by 14.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 17,878 shares of the specialty retailer’s stock after acquiring an additional 2,302 shares during the period. National Bank of Canada FI’s holdings in Pool were worth $6,095,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of POOL. Public Sector Pension Investment Board raised its position in Pool by 13.4% in the 3rd quarter. Public Sector Pension Investment Board now owns 1,693 shares of the specialty retailer’s stock valued at $638,000 after purchasing an additional 200 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of Pool by 20.3% in the third quarter. HighTower Advisors LLC now owns 3,912 shares of the specialty retailer’s stock valued at $1,476,000 after buying an additional 661 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of Pool by 28.3% in the third quarter. Janus Henderson Group PLC now owns 4,694 shares of the specialty retailer’s stock valued at $1,768,000 after buying an additional 1,034 shares during the last quarter. Investment Management Corp of Ontario lifted its position in Pool by 32.1% during the 3rd quarter. Investment Management Corp of Ontario now owns 1,236 shares of the specialty retailer’s stock worth $466,000 after buying an additional 300 shares in the last quarter. Finally, Royal London Asset Management Ltd. grew its holdings in Pool by 8.0% during the 3rd quarter. Royal London Asset Management Ltd. now owns 20,254 shares of the specialty retailer’s stock worth $7,632,000 after acquiring an additional 1,504 shares during the last quarter. Institutional investors own 98.99% of the company’s stock.

Insider Transactions at Pool

In other news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the firm’s 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 sale, the director now owns 62,577 shares of the company’s stock, valued at $21,651,642. This trade represents a 13.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Jennifer M. Neil sold 1,223 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $315.00, for a total value of $385,245.00. Following the completion of the transaction, the senior vice president now owns 9,667 shares of the company’s stock, valued at $3,045,105. This represents a 11.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.00% of the company’s stock.

Pool Stock Up 0.4 %

NASDAQ:POOL opened at $315.05 on Monday. The company has a quick ratio of 0.77, a current ratio of 2.05 and a debt-to-equity ratio of 0.71. Pool Co. has a 12-month low of $293.51 and a 12-month high of $402.45. The stock’s fifty day simple moving average is $336.70 and its 200-day simple moving average is $352.12. The firm has a market capitalization of $11.88 billion, a P/E ratio of 27.93, a P/E/G ratio of 2.03 and a beta of 1.13.

Pool (NASDAQ:POOL) last posted its earnings results 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. The company had revenue of $987.48 million during the quarter, compared to analyst estimates of $961.04 million. Pool had a return on equity of 31.11% and a net margin of 8.18%. Equities research analysts expect that Pool Co. will post 11.32 earnings per share for the current year.

Pool Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on POOL shares. Wells Fargo & Company dropped their target price on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 4th. StockNews.com downgraded Pool from a “hold” rating to a “sell” rating in a report on Friday, February 28th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Pool in a research note on Tuesday, April 1st. They issued a “hold” rating and a $344.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Pool has an average rating of “Hold” and a consensus price target of $365.33.

About Pool

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.