Pool Co. (NASDAQ:POOL) Stock Holdings Boosted by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. lifted its position in Pool Co. (NASDAQ:POOL) by 101.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 326 shares of the specialty retailer’s stock after buying an additional 164 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Pool were worth $123,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Taylor Frigon Capital Management LLC raised its position in Pool by 0.8% in the second quarter. Taylor Frigon Capital Management LLC now owns 3,544 shares of the specialty retailer’s stock worth $1,089,000 after acquiring an additional 28 shares in the last quarter. Heritage Family Offices LLP grew its stake in shares of Pool by 2.2% in the 3rd quarter. Heritage Family Offices LLP now owns 1,278 shares of the specialty retailer’s stock worth $482,000 after purchasing an additional 28 shares during the last quarter. CWM LLC raised its holdings in shares of Pool by 3.7% in the 3rd quarter. CWM LLC now owns 777 shares of the specialty retailer’s stock worth $293,000 after purchasing an additional 28 shares in the last quarter. TIAA Trust National Association lifted its stake in Pool by 4.2% during the first quarter. TIAA Trust National Association now owns 747 shares of the specialty retailer’s stock valued at $301,000 after purchasing an additional 30 shares during the last quarter. Finally, Aurora Investment Counsel boosted its holdings in Pool by 0.6% during the second quarter. Aurora Investment Counsel now owns 5,018 shares of the specialty retailer’s stock worth $1,542,000 after buying an additional 30 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Stock Performance

POOL stock opened at $350.68 on Thursday. The stock has a market cap of $13.42 billion, a P/E ratio of 29.57, a P/E/G ratio of 2.72 and a beta of 1.01. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.88 and a current ratio of 2.48. The firm has a 50 day simple moving average of $358.70 and a 200 day simple moving average of $353.44. Pool Co. has a 52 week low of $293.51 and a 52 week high of $422.73.

Pool (NASDAQ:POOL) last issued its earnings results on Thursday, July 25th. The specialty retailer reported $4.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.90 by $0.09. Pool had a net margin of 8.58% and a return on equity of 32.85%. The company had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same quarter last year, the business posted $5.89 EPS. The company’s revenue for the quarter was down 4.7% on a year-over-year basis. Research analysts anticipate that Pool Co. will post 10.98 earnings per share for the current fiscal year.

Pool Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 15th were given a dividend of $1.20 per share. The ex-dividend date was Thursday, August 15th. This represents a $4.80 dividend on an annualized basis and a yield of 1.37%. Pool’s payout ratio is 40.47%.

Analyst Ratings Changes

Several research firms have issued reports on POOL. Wells Fargo & Company upped their price target on Pool from $330.00 to $370.00 and gave the company an “equal weight” rating in a report on Monday, October 7th. Oppenheimer upped their target price on Pool from $356.00 to $380.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Stifel Nicolaus lifted their price target on Pool from $310.00 to $335.00 and gave the stock a “hold” rating in a research note on Friday, August 30th. The Goldman Sachs Group upped their price objective on shares of Pool from $365.00 to $415.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Finally, Robert W. Baird lifted their target price on shares of Pool from $377.00 to $408.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $357.89.

Pool Company 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.