Pool Co. (NASDAQ:POOL) Shares Bought by Aurora Investment Counsel

Aurora Investment Counsel raised its position in shares of Pool Co. (NASDAQ:POOL) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,077 shares of the specialty retailer’s stock after acquiring an additional 59 shares during the quarter. Aurora Investment Counsel’s holdings in Pool were worth $1,913,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Tortoise Investment Management LLC raised its stake in Pool by 68.9% in the 2nd quarter. Tortoise Investment Management LLC now owns 103 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 42 shares during the last quarter. Crewe Advisors LLC grew its holdings in shares of Pool by 232.4% during the second quarter. Crewe Advisors LLC now owns 113 shares of the specialty retailer’s stock worth $35,000 after buying an additional 79 shares in the last quarter. UMB Bank n.a. raised its position in shares of Pool by 26.2% in the second quarter. UMB Bank n.a. now owns 207 shares of the specialty retailer’s stock valued at $64,000 after buying an additional 43 shares during the last quarter. Ridgewood Investments LLC purchased a new stake in Pool during the 2nd quarter valued at about $74,000. Finally, Summit Securities Group LLC acquired a new stake in Pool in the 2nd quarter valued at about $75,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on POOL. Loop Capital upped their price target on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research report on Friday, October 25th. StockNews.com upgraded Pool from a “sell” rating to a “hold” rating in a report on Saturday, November 2nd. Oppenheimer lifted their price target on Pool from $380.00 to $386.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. The Goldman Sachs Group raised their price objective on shares of Pool from $365.00 to $415.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Finally, Robert W. Baird boosted their target price on shares of Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $369.11.

Pool Trading Down 0.5 %

POOL opened at $360.98 on Thursday. The company has a quick ratio of 0.77, a current ratio of 2.39 and a debt-to-equity ratio of 0.61. The firm has a market cap of $13.74 billion, a P/E ratio of 31.07, a P/E/G ratio of 2.20 and a beta of 1.01. Pool Co. has a 52 week low of $293.51 and a 52 week high of $422.73. The business has a fifty day simple moving average of $365.35 and a 200-day simple moving average of $352.38.

Pool (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, October 24th. The specialty retailer reported $3.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.15 by $0.11. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.40 billion. Pool had a net margin of 8.42% and a return on equity of 31.89%. The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.50 earnings per share. On average, equities analysts expect that Pool Co. will post 11 earnings per share for the current year.

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be paid a $1.20 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $4.80 annualized dividend and a dividend yield of 1.33%. Pool’s dividend payout ratio (DPR) is 41.31%.

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.