Stuart Chaussee & Associates Inc. Boosts Stock Holdings in Pool Co. (NASDAQ:POOL)

Stuart Chaussee & Associates Inc. increased its position in shares of Pool Co. (NASDAQ:POOL) by 250.0% in the 4th quarter, HoldingsChannel reports. The firm owned 77 shares of the specialty retailer’s stock after purchasing an additional 55 shares during the period. Stuart Chaussee & Associates Inc.’s holdings in Pool were worth $31,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in POOL. CWM LLC increased its holdings in Pool by 18.6% in the third quarter. CWM LLC now owns 645 shares of the specialty retailer’s stock valued at $230,000 after buying an additional 101 shares in the last quarter. Impact Partnership Wealth LLC purchased a new position in Pool in the third quarter valued at about $43,000. Exchange Traded Concepts LLC purchased a new position in Pool in the third quarter valued at about $80,000. Koshinski Asset Management Inc. increased its holdings in Pool by 9.1% in the third quarter. Koshinski Asset Management Inc. now owns 633 shares of the specialty retailer’s stock valued at $225,000 after buying an additional 53 shares in the last quarter. Finally, Oak Thistle LLC purchased a new position in Pool in the third quarter valued at about $432,000. 98.99% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, General Counsel Jennifer M. Neil sold 1,100 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $401.00, for a total transaction of $441,100.00. Following the sale, the general counsel now owns 8,622 shares in the company, valued at $3,457,422. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on POOL shares. TheStreet cut shares of Pool from a “b” rating to a “c+” rating in a report on Thursday, February 22nd. Loop Capital cut shares of Pool from a “buy” rating to a “hold” rating and increased their target price for the company from $380.00 to $415.00 in a report on Monday, January 8th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $370.00 target price on shares of Pool in a report on Tuesday, March 5th. Finally, Oppenheimer increased their target price on shares of Pool from $407.00 to $436.00 and gave the company an “outperform” rating in a report on Thursday, March 28th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Pool presently has a consensus rating of “Hold” and a consensus price target of $397.80.

Pool Price Performance

Shares of POOL stock traded up $1.17 during trading hours on Friday, hitting $371.17. The company’s stock had a trading volume of 437,342 shares, compared to its average volume of 372,053. The business has a fifty day moving average of $392.78 and a 200-day moving average of $373.92. The stock has a market cap of $14.29 billion, a price-to-earnings ratio of 29.04, a P/E/G ratio of 3.54 and a beta of 1.00. Pool Co. has a twelve month low of $307.77 and a twelve month high of $422.73. The company has a current ratio of 1.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.70.

Pool (NASDAQ:POOL) last released its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $1.85 EPS for the quarter, missing the consensus estimate of $1.87 by ($0.02). The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.13 billion. Pool had a net margin of 9.17% and a return on equity of 35.49%. The firm’s revenue for the quarter was down 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.46 earnings per share. As a group, equities research analysts anticipate that Pool Co. will post 13.26 EPS for the current year.

Pool Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th were given a $1.10 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $4.40 annualized dividend and a dividend yield of 1.19%. Pool’s dividend payout ratio is presently 34.43%.

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.