Wilkinson Global Asset Management LLC Cuts Stock Position in Pool Co. (NASDAQ:POOL)

Wilkinson Global Asset Management LLC lessened its stake in shares of Pool Co. (NASDAQ:POOL) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,216 shares of the specialty retailer’s stock after selling 857 shares during the period. Pool makes up about 1.5% of Wilkinson Global Asset Management LLC’s investment portfolio, making the stock its 24th largest holding. Wilkinson Global Asset Management LLC’s holdings in Pool were worth $24,962,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in POOL. CWM LLC increased its holdings in shares of Pool by 3.7% during the third quarter. CWM LLC now owns 777 shares of the specialty retailer’s stock valued at $293,000 after acquiring an additional 28 shares in the last quarter. Empirical Finance LLC grew its position in Pool by 3.7% during the 3rd quarter. Empirical Finance LLC now owns 1,103 shares of the specialty retailer’s stock valued at $416,000 after purchasing an additional 39 shares during the last quarter. Second Line Capital LLC increased its stake in Pool by 4.8% during the 3rd quarter. Second Line Capital LLC now owns 853 shares of the specialty retailer’s stock valued at $322,000 after purchasing an additional 39 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in Pool by 4.0% in the fourth quarter. Venturi Wealth Management LLC now owns 1,122 shares of the specialty retailer’s stock worth $383,000 after buying an additional 43 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC lifted its stake in shares of Pool by 10.1% in 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. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on POOL shares. Stifel Nicolaus raised their price target on shares of Pool from $335.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, October 28th. StockNews.com lowered Pool from a “hold” rating to a “sell” rating in a report on Saturday, February 8th. Oppenheimer upped their price target on Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Loop Capital increased their price objective on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Finally, Wells Fargo & Company decreased their target price on 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 research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $368.00.

Pool Stock Performance

Shares of POOL opened at $343.50 on Wednesday. Pool Co. has a one year low of $293.51 and a one year high of $422.73. The business has a fifty day moving average of $345.68 and a 200 day moving average of $355.91. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77. The firm has a market capitalization of $13.07 billion, a P/E ratio of 29.56, a PEG ratio of 1.95 and a beta of 1.03.

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.