Campbell & CO Investment Adviser LLC purchased a new position in Pool Co. (NASDAQ:POOL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,235 shares of the specialty retailer’s stock, valued at approximately $206,000.
Other institutional investors also recently bought and sold shares of the company. NumerixS Investment Technologies Inc lifted its holdings in shares of Pool by 57.1% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 1,100 shares of the specialty retailer’s stock valued at $167,000 after buying an additional 400 shares during the period. HWG Holdings LP bought a new position in Pool in the 3rd quarter worth $179,000. Advisor Partners LLC bought a new position in Pool in the 3rd quarter worth $201,000. Natixis bought a new position in Pool in the 2nd quarter worth $211,000. Finally, GAM Holding AG bought a new position in Pool in the 2nd quarter worth $255,000. Institutional investors own 94.79% of the company’s stock.
NASDAQ:POOL opened at $153.15 on Friday. The company has a current ratio of 3.29, a quick ratio of 1.18 and a debt-to-equity ratio of 1.53. The stock has a market cap of $6.11 billion, a price-to-earnings ratio of 38.38, a price-to-earnings-growth ratio of 1.14 and a beta of 1.03. Pool Co. has a 52 week low of $120.00 and a 52 week high of $175.87.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 29th. Shareholders of record on Thursday, November 15th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, November 14th. This represents a $1.80 dividend on an annualized basis and a yield of 1.18%. Pool’s dividend payout ratio is presently 45.11%.
POOL has been the topic of a number of recent research reports. Zacks Investment Research raised Pool from a “hold” rating to a “buy” rating and set a $169.00 target price on the stock in a report on Thursday, November 15th. BidaskClub raised Pool from a “hold” rating to a “buy” rating in a report on Thursday, November 15th. Jefferies Financial Group initiated coverage on Pool in a report on Friday, October 12th. They issued a “hold” rating and a $145.00 target price on the stock. Finally, Robert W. Baird decreased their target price on Pool from $163.00 to $155.00 and set a “neutral” rating on the stock in a report on Friday, October 19th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $157.40.
In other Pool news, insider Arthur D. Cook sold 10,000 shares of the firm’s stock in a transaction dated Thursday, August 30th. The stock was sold at an average price of $164.11, for a total transaction of $1,641,100.00. Following the sale, the insider now directly owns 65,357 shares of the company’s stock, valued at $10,725,737.27. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Robert C. Sledd sold 5,766 shares of the firm’s stock in a transaction dated Monday, August 27th. The shares were sold at an average price of $162.96, for a total value of $939,627.36. Following the sale, the director now directly owns 23,246 shares in the company, valued at $3,788,168.16. The disclosure for this sale can be found here. 6.00% of the stock is owned by company insiders.
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Pool Company Profile
Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in North America, Europe, South America, and Australia. 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; packaged pool kits comprising walls, liners, braces, and coping for in-ground and above-ground pools; pool equipment and components for new pool construction and the remodeling of existing pools; and irrigation and landscape products consisting of irrigation system components, and professional lawn care equipment and supplies.
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