Natixis Advisors L.P. grew its holdings in Pool Co. (NASDAQ:POOL) by 75.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,709 shares of the specialty retailer’s stock after buying an additional 16,277 shares during the period. Natixis Advisors L.P. owned 0.09% of Pool worth $7,203,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thoroughbred Financial Services LLC boosted its holdings in shares of Pool by 15,828.3% during the second quarter. Thoroughbred Financial Services LLC now owns 258,038 shares of the specialty retailer’s stock worth $25,804,000 after acquiring an additional 256,418 shares during the period. BlackRock Inc. grew its holdings in Pool by 5.9% in the 1st quarter. BlackRock Inc. now owns 3,745,431 shares of the specialty retailer’s stock valued at $617,884,000 after buying an additional 209,876 shares in the last quarter. Pictet Asset Management Ltd. acquired a new position in Pool in the 1st quarter valued at $30,913,000. Vaughan Nelson Investment Management L.P. acquired a new position in Pool in the 1st quarter valued at $12,922,000. Finally, Wasatch Advisors Inc. increased its position in Pool by 11.4% during the 1st quarter. Wasatch Advisors Inc. now owns 712,773 shares of the specialty retailer’s stock worth $117,586,000 after buying an additional 72,684 shares during the period. Institutional investors own 95.70% of the company’s stock.

Shares of POOL stock traded down $0.01 during trading on Wednesday, hitting $187.77. The company had a trading volume of 101,902 shares, compared to its average volume of 198,518. The company has a debt-to-equity ratio of 2.30, a quick ratio of 0.97 and a current ratio of 2.35. The firm has a market capitalization of $7.78 billion, a P/E ratio of 33.41, a price-to-earnings-growth ratio of 1.43 and a beta of 0.90. The stock’s 50-day moving average price is $194.82 and its 200 day moving average price is $181.09. Pool Co. has a one year low of $136.83 and a one year high of $204.97.

Pool (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, July 18th. The specialty retailer reported $3.22 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.21 by $0.01. Pool had a return on equity of 82.89% and a net margin of 8.14%. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the prior year, the business posted $2.80 earnings per share. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, research analysts anticipate that Pool Co. will post 5.81 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 15th were given a dividend of $0.55 per share. The ex-dividend date was Wednesday, August 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.17%. Pool’s payout ratio is 39.15%.

In related news, Vice Chairman De La Mesa Manuel J. Perez sold 4,443 shares of the company’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $192.63, for a total transaction of $855,855.09. Following the completion of the sale, the insider now owns 64,145 shares of the company’s stock, valued at $12,356,251.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Hart Melanie Housey sold 2,400 shares of the stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $194.88, for a total transaction of $467,712.00. Following the sale, the chief accounting officer now owns 12,684 shares in the company, valued at $2,471,857.92. The disclosure for this sale can be found here. Over the last three months, insiders have sold 48,965 shares of company stock worth $9,560,885. 6.00% of the stock is currently owned by insiders.

A number of equities research analysts have recently weighed in on the company. Zacks Investment Research raised Pool from a “sell” rating to a “hold” rating and set a $209.00 target price for the company in a report on Monday, August 12th. BidaskClub downgraded shares of Pool from a “buy” rating to a “hold” rating in a research note on Wednesday. Sidoti lowered shares of Pool from a “buy” rating to a “neutral” rating and set a $215.00 price target on the stock. in a research report on Friday, August 23rd. Finally, Robert W. Baird set a $192.00 price target on shares of Pool and gave the stock a “buy” rating in a research report on Friday, July 19th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $189.40.

About Pool

Pool Corp. engages in the wholesale distribution of swimming pool supplies, equipment and related leisure products. It also provides irrigation and landscape products. The company was founded in 1993 and is headquartered in Covington, LA.

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Institutional Ownership by Quarter for Pool (NASDAQ:POOL)

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