Pool (NASDAQ:POOL) – Equities researchers at KeyCorp raised their Q3 2018 earnings estimates for Pool in a research note issued on Tuesday, April 24th. KeyCorp analyst K. Zener now expects that the specialty retailer will post earnings per share of $1.57 for the quarter, up from their prior forecast of $1.54.

A number of other analysts have also recently weighed in on the company. BidaskClub cut Pool from a “buy” rating to a “hold” rating in a research report on Saturday. ValuEngine downgraded Pool from a “buy” rating to a “hold” rating in a research note on Saturday, April 21st. Zacks Investment Research raised Pool from a “hold” rating to a “buy” rating and set a $161.00 target price for the company in a research note on Thursday, February 22nd. Stephens set a $160.00 target price on Pool and gave the stock a “hold” rating in a research note on Thursday, February 15th. Finally, Robert W. Baird reissued a “buy” rating and set a $158.00 target price on shares of Pool in a research note on Friday, February 16th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Pool presently has a consensus rating of “Buy” and an average price target of $152.50.

Pool stock opened at $138.93 on Thursday. Pool has a twelve month low of $97.25 and a twelve month high of $150.26. The company has a quick ratio of 0.65, a current ratio of 1.97 and a debt-to-equity ratio of 2.19. The company has a market cap of $5,557.33, a price-to-earnings ratio of 34.82 and a beta of 0.81.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, April 19th. The specialty retailer reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.04. Pool had a return on equity of 74.42% and a net margin of 7.10%. The company had revenue of $585.90 million during the quarter. During the same period in the previous year, the business posted $0.52 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 29th. Stockholders of record on Friday, March 16th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date was Thursday, March 15th. Pool’s dividend payout ratio (DPR) is 37.09%.

In other news, CEO De La Mesa Manuel J. Perez sold 28,700 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $143.18, for a total transaction of $4,109,266.00. Following the completion of the transaction, the chief executive officer now directly owns 61,758 shares of the company’s stock, valued at approximately $8,842,510.44. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Romain Kenneth G. St sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $145.96, for a total value of $5,838,400.00. Following the completion of the transaction, the insider now directly owns 105,308 shares of the company’s stock, valued at $15,370,755.68. The disclosure for this sale can be found here. Over the last three months, insiders have sold 128,000 shares of company stock valued at $18,685,004. Company insiders own 6.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in POOL. Tower Research Capital LLC TRC purchased a new position in Pool in the 4th quarter valued at approximately $144,000. Ladenburg Thalmann Financial Services Inc. increased its stake in Pool by 42.9% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,446 shares of the specialty retailer’s stock valued at $188,000 after purchasing an additional 434 shares in the last quarter. Koch Industries Inc. purchased a new position in Pool in the 4th quarter valued at approximately $220,000. Amundi Pioneer Asset Management Inc. purchased a new position in Pool in the 4th quarter valued at approximately $229,000. Finally, Eagle Boston Investment Management Inc. purchased a new position in Pool in the 4th quarter valued at approximately $246,000. 95.32% of the stock is owned by hedge funds and other institutional investors.

About Pool

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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