Wealth Enhancement Advisory Providers LLC lowered its stake in shares of Pool Co. (NASDAQ:POOL – Free Report) by 56.5% through the third quarter, in response to its most up-to-date submitting with the SEC. The agency owned 5,319 shares of the specialty retailer’s inventory after promoting 6,919 shares through the interval. Wealth Enhancement Advisory Providers LLC’s holdings in Pool have been price $2,004,000 as of its most up-to-date SEC submitting.
Different institutional buyers have additionally lately made modifications to their positions within the firm. Tortoise Funding Administration LLC lifted its place in Pool by 68.9% through the second quarter. Tortoise Funding Administration LLC now owns 103 shares of the specialty retailer’s inventory valued at $32,000 after buying an extra 42 shares through the interval. Crewe Advisors LLC boosted its stake in shares of Pool by 232.4% within the 2nd quarter. Crewe Advisors LLC now owns 113 shares of the specialty retailer’s inventory price $35,000 after shopping for an extra 79 shares over the last quarter. UMB Financial institution n.a. elevated its place in Pool by 26.2% through the second quarter. UMB Financial institution n.a. now owns 207 shares of the specialty retailer’s inventory valued at $64,000 after buying an extra 43 shares over the last quarter. Ridgewood Investments LLC purchased a brand new place in Pool within the second quarter valued at about $74,000. Lastly, Summit Securities Group LLC bought a brand new place in Pool within the second quarter price about $75,000. Hedge funds and different institutional buyers personal 98.99% of the corporate’s inventory.
Wall Road Analyst Weigh In
POOL has been the subject of a number of current analysis experiences. StockNews.com upgraded shares of Pool from a “promote” ranking to a “maintain” ranking in a analysis be aware on Saturday. Oppenheimer lifted their value goal on shares of Pool from $380.00 to $386.00 and gave the inventory an “outperform” ranking in a analysis be aware on Monday, October twenty eighth. Robert W. Baird raised their goal value on Pool from $377.00 to $408.00 and gave the inventory a “impartial” ranking in a report on Wednesday, October sixteenth. The Goldman Sachs Group boosted their value goal on Pool from $365.00 to $415.00 and gave the corporate a “purchase” ranking in a report on Friday, July twenty sixth. Lastly, Loop Capital upped their value goal on Pool from $345.00 to $395.00 and gave the inventory a “maintain” ranking in a analysis report on Friday, October twenty fifth. One equities analysis analyst has rated the inventory with a promote ranking, six have issued a maintain ranking and three have given a purchase ranking to the corporate’s inventory. Primarily based on information from MarketBeat.com, Pool has a consensus ranking of “Maintain” and a median goal value of $369.11.
Examine Out Our Newest Evaluation on POOL
Pool Worth Efficiency
Shares of Pool inventory opened at $363.06 on Friday. The corporate has a fast ratio of 0.77, a present ratio of two.39 and a debt-to-equity ratio of 0.61. Pool Co. has a 52 week low of $293.51 and a 52 week excessive of $422.73. The inventory’s 50-day easy shifting common is $361.17 and its 200-day easy shifting common is $352.75. The corporate has a market capitalization of $13.82 billion, a price-to-earnings ratio of 31.24, a PEG ratio of two.19 and a beta of 1.01.
Pool (NASDAQ:POOL – Get Free Report) final posted its quarterly earnings outcomes on Thursday, October twenty fourth. The specialty retailer reported $3.26 earnings per share for the quarter, topping the consensus estimate of $3.15 by $0.11. The enterprise had income of $1.43 billion through the quarter, in comparison with the consensus estimate of $1.40 billion. Pool had a return on fairness of 31.89% and a internet margin of 8.42%. The agency’s income for the quarter was down 2.8% in comparison with the identical quarter final 12 months. Throughout the identical interval within the prior 12 months, the corporate posted $3.50 EPS. As a bunch, analysts anticipate that Pool Co. will put up 11.01 earnings per share for the present fiscal 12 months.
Pool Dividend Announcement
The enterprise additionally lately declared a quarterly dividend, which will probably be paid on Wednesday, November twenty seventh. Shareholders of document on Wednesday, November thirteenth will probably be issued a $1.20 dividend. The ex-dividend date of this dividend is Wednesday, November thirteenth. This represents a $4.80 dividend on an annualized foundation and a yield of 1.32%. Pool’s dividend payout ratio is presently 41.31%.
Pool Firm Profile
Pool Company distributes swimming pool provides, tools, and associated leisure merchandise in america and internationally. The corporate provides upkeep merchandise, together with chemical compounds, provides, and pool equipment; restore and alternative elements for pool tools, equivalent to cleaners, filters, heaters, pumps, and lights; and constructing supplies, equivalent to concrete, plumbing and electrical parts, useful and ornamental pool surfaces, decking supplies, tiles, hardscapes, and pure stones for pool installations and reworking.
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