WINTON GROUP Ltd Increases Stock Position in Pool Co. (NASDAQ:POOL)

WINTON GROUP Ltd boosted its holdings in Pool Co. (NASDAQ:POOL) by 14.9% in the 4th quarter, Holdings Channel reports. The firm owned 2,149 shares of the specialty retailer’s stock after purchasing an additional 278 shares during the period. WINTON GROUP Ltd’s holdings in Pool were worth $733,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Rakuten Securities Inc. raised its holdings in shares of Pool by 2,300.0% in the fourth quarter. Rakuten Securities Inc. now owns 72 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 69 shares during the last quarter. Atala Financial Inc purchased a new stake in Pool during the 4th quarter valued at approximately $29,000. Sierra Ocean LLC acquired a new stake in Pool during the 4th quarter worth approximately $30,000. Brooklyn Investment Group purchased a new position in shares of Pool in the 3rd quarter valued at approximately $31,000. Finally, Private Trust Co. NA increased its holdings in shares of Pool by 76.9% in the fourth quarter. Private Trust Co. NA now owns 138 shares of the specialty retailer’s stock valued at $47,000 after purchasing an additional 60 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Insiders Place Their Bets

In other Pool news, Director De La Mesa Manuel J. Perez sold 10,000 shares of Pool stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $346.00, for a total value of $3,460,000.00. Following the completion of the sale, the director now owns 62,577 shares in the company, valued at $21,651,642. The trade was a 13.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

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

Pool Stock Performance

NASDAQ POOL opened at $314.92 on Friday. 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 fifty-two week low of $293.51 and a fifty-two week high of $403.61. The business has a fifty day moving average of $340.58 and a 200-day moving average of $353.55. The stock has a market cap of $11.85 billion, a price-to-earnings ratio of 27.92, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05.

Pool (NASDAQ:POOL) last announced its earnings results on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.08. Pool had a net margin of 8.18% and a return on equity of 31.11%. The firm had revenue of $987.48 million during the quarter, compared to the consensus estimate of $961.04 million. As a group, analysts predict that Pool Co. will post 11.32 earnings per share for the current fiscal 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 paid a $1.20 dividend. The ex-dividend date was Wednesday, March 12th. This represents a $4.80 annualized dividend and a yield of 1.52%. Pool’s payout ratio is currently 42.55%.

Pool 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.