Stratos Wealth Partners LTD. Boosts Stock Position in Pool Co. (NASDAQ:POOL)

Stratos Wealth Partners LTD. raised its holdings in Pool Co. (NASDAQ:POOL) by 7.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,011 shares of the specialty retailer’s stock after purchasing an additional 424 shares during the period. Stratos Wealth Partners LTD.’s holdings in Pool were worth $2,049,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Brooklyn Investment Group acquired a new stake in Pool in the third quarter valued at $31,000. Wilmington Savings Fund Society FSB acquired a new position in Pool in the third quarter worth about $60,000. Whittier Trust Co. of Nevada Inc. increased its holdings in Pool by 101.2% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer’s stock valued at $123,000 after buying an additional 164 shares during the last quarter. Hilltop National Bank lifted its holdings in Pool by 18.1% during the 4th quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock worth $140,000 after buying an additional 63 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Pool by 24.8% in the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty retailer’s stock worth $151,000 after acquiring an additional 80 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on POOL. Wells Fargo & Company reduced their price objective on Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Oppenheimer increased their price objective on shares of Pool from $380.00 to $386.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Loop Capital lifted their target price on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research note on Friday, October 25th. StockNews.com cut Pool from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Robert W. Baird boosted their price objective on Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research report on Wednesday, October 16th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $368.00.

Pool Trading Down 1.9 %

NASDAQ:POOL opened at $331.71 on Friday. The stock has a market cap of $12.62 billion, a price-to-earnings ratio of 28.55, a PEG ratio of 1.93 and a beta of 1.03. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.77 and a current ratio of 2.39. Pool Co. has a 1 year low of $293.51 and a 1 year high of $422.73. The business has a fifty day moving average of $350.96 and a 200-day moving average of $356.82.

Pool Company Profile

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.