Coldstream Capital Management Inc. trimmed its position in shares of Pool Co. (NASDAQ:POOL) by 44.9% in the first quarter, Holdings Channel reports. The fund owned 1,721 shares of the specialty retailer’s stock after selling 1,401 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Pool were worth $339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Amundi Pioneer Asset Management Inc. boosted its stake in Pool by 9.1% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 6,022 shares of the specialty retailer’s stock valued at $994,000 after purchasing an additional 500 shares during the period. Victory Capital Management Inc. grew its stake in shares of Pool by 0.8% in the fourth quarter. Victory Capital Management Inc. now owns 26,607 shares of the specialty retailer’s stock worth $5,651,000 after acquiring an additional 208 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Pool by 1.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,366 shares of the specialty retailer’s stock worth $715,000 after acquiring an additional 62 shares during the last quarter. Aviva PLC bought a new position in Pool during the fourth quarter worth $1,906,000. Finally, Bank of Montreal Can raised its stake in Pool by 101.3% during the 4th quarter. Bank of Montreal Can now owns 6,093 shares of the specialty retailer’s stock valued at $1,294,000 after purchasing an additional 3,066 shares during the last quarter. 91.59% of the stock is currently owned by institutional investors.

NASDAQ POOL traded down $1.00 during trading on Friday, reaching $262.91. 324 shares of the company traded hands, compared to its average volume of 313,443. Pool Co. has a 1-year low of $160.35 and a 1-year high of $273.45. The company has a market cap of $10.43 billion, a price-to-earnings ratio of 41.50 and a beta of 0.82. The stock’s 50 day moving average price is $247.84 and its two-hundred day moving average price is $219.66. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.58 and a current ratio of 1.90.

Pool (NASDAQ:POOL) last posted its earnings results on Thursday, April 23rd. The specialty retailer reported $0.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.06. The business had revenue of $677.30 million during the quarter, compared to the consensus estimate of $629.97 million. Pool had a return on equity of 69.42% and a net margin of 7.92%. Pool’s revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the company earned $0.80 EPS. Equities research analysts expect that Pool Co. will post 5.97 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a dividend of $0.58 per share. The ex-dividend date was Thursday, May 14th. This is a boost from Pool’s previous quarterly dividend of $0.55. This represents a $2.32 dividend on an annualized basis and a dividend yield of 0.88%. Pool’s dividend payout ratio (DPR) is presently 39.79%.

Several research firms have issued reports on POOL. Robert W. Baird raised their price target on shares of Pool from $258.00 to $271.00 and gave the stock an “outperform” rating in a research report on Friday, June 19th. Sidoti downgraded Pool from a “buy” rating to a “neutral” rating and set a $207.00 target price on the stock. in a research report on Friday, April 17th. Zacks Investment Research cut Pool from a “hold” rating to a “sell” rating and set a $272.00 price target for the company. in a report on Friday, May 29th. Loop Capital raised their price objective on Pool from $202.00 to $267.00 and gave the stock a “hold” rating in a research report on Friday, May 29th. Finally, Stephens boosted their price objective on Pool from $195.00 to $205.00 and gave the company an “equal weight” rating in a research report on Monday, April 27th. One analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $255.50.

In related news, VP Romain Kenneth G. St sold 18,302 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $222.76, for a total transaction of $4,076,953.52. Following the sale, the vice president now directly owns 112,442 shares in the company, valued at approximately $25,047,579.92. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Arthur D. Cook sold 5,003 shares of the firm’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $195.00, for a total value of $975,585.00. Following the sale, the vice president now directly owns 39,152 shares of the company’s stock, valued at $7,634,640. The disclosure for this sale can be found here. Insiders sold a total of 39,183 shares of company stock worth $9,215,750 in the last 90 days. 4.00% of the stock is owned by corporate insiders.

Pool Company Profile

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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