Mn Services Vermogensbeheer B.V. Sells 400 Shares of Pool Co. (NASDAQ:POOL)

Mn Services Vermogensbeheer B.V. decreased its position in shares of Pool Co. (NASDAQ:POOL) by 2.6% during the 3rd quarter, Holdings Channel reports. The fund owned 14,900 shares of the specialty retailer’s stock after selling 400 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Pool were worth $5,614,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of POOL. Taylor Frigon Capital Management LLC boosted its position in Pool by 0.8% during the second quarter. Taylor Frigon Capital Management LLC now owns 3,544 shares of the specialty retailer’s stock worth $1,089,000 after purchasing an additional 28 shares during the period. CWM LLC boosted its position in Pool by 3.7% during the third quarter. CWM LLC now owns 777 shares of the specialty retailer’s stock worth $293,000 after purchasing an additional 28 shares during the period. Heritage Family Offices LLP boosted its position in Pool by 2.2% during the third 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 period. TIAA Trust National Association boosted its position in Pool by 4.2% during the first quarter. TIAA Trust National Association now owns 747 shares of the specialty retailer’s stock worth $301,000 after purchasing an additional 30 shares during the period. Finally, Aurora Investment Counsel boosted its position 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 purchasing an additional 30 shares during the period. Institutional investors own 98.99% of the company’s stock.

Pool Stock Up 0.4 %

POOL stock opened at $370.63 on Thursday. The company has a market cap of $14.11 billion, a PE ratio of 31.90, a price-to-earnings-growth ratio of 2.18 and a beta of 1.01. The business has a 50-day simple moving average of $362.00 and a 200 day simple moving average of $352.71. Pool Co. has a 52 week low of $293.51 and a 52 week high of $422.73. The company has a quick ratio of 0.77, a current ratio of 2.39 and a debt-to-equity ratio of 0.61.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, October 24th. The specialty retailer reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.11. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.40 billion. Pool had a return on equity of 31.89% and a net margin of 8.42%. Pool’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.50 earnings per share. Sell-side analysts anticipate that Pool Co. will post 11.01 EPS for the current fiscal year.

Pool Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.30%. The ex-dividend date is Wednesday, November 13th. Pool’s payout ratio is 41.31%.

Analysts Set New Price Targets

POOL has been the subject of a number of research analyst reports. The Goldman Sachs Group lifted their price objective on shares of Pool from $365.00 to $415.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Oppenheimer lifted their price objective on shares of Pool from $380.00 to $386.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Stifel Nicolaus boosted their target price on shares of Pool from $335.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, October 28th. StockNews.com raised shares of Pool from a “sell” rating to a “hold” rating in a research report on Saturday, November 2nd. Finally, Robert W. Baird boosted their target price on shares of Pool from $377.00 to $408.00 and gave the company 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 issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $369.11.

About Pool

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.