Sierra Ocean LLC Buys New Shares in Pool Co. (NASDAQ:POOL)

Sierra Ocean LLC bought a new stake in shares of Pool Co. (NASDAQ:POOL) during the 4th quarter, HoldingsChannel.com reports. The fund bought 88 shares of the specialty retailer’s stock, valued at approximately $30,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. CWM LLC grew its holdings in shares of Pool by 3.7% during the 3rd quarter. CWM LLC now owns 777 shares of the specialty retailer’s stock valued at $293,000 after purchasing an additional 28 shares during the last quarter. Empirical Finance LLC grew its holdings in Pool by 3.7% in the 3rd quarter. Empirical Finance LLC now owns 1,103 shares of the specialty retailer’s stock worth $416,000 after acquiring an additional 39 shares during the last quarter. Second Line Capital LLC grew its holdings in Pool by 4.8% in the 3rd quarter. Second Line Capital LLC now owns 853 shares of the specialty retailer’s stock worth $322,000 after acquiring an additional 39 shares during the last quarter. Sugarloaf Wealth Management LLC grew its holdings in Pool by 10.1% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 579 shares of the specialty retailer’s stock worth $197,000 after acquiring an additional 53 shares during the last quarter. Finally, TD Private Client Wealth LLC grew its holdings in Pool by 0.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 7,250 shares of the specialty retailer’s stock worth $2,732,000 after acquiring an additional 54 shares during the last quarter. Institutional investors own 98.99% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company cut their price target on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Loop Capital raised their price target on shares of Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a report on Friday, October 25th. StockNews.com lowered shares of Pool from a “hold” rating to a “sell” rating in a report on Saturday, February 8th. Stifel Nicolaus raised their target price on shares of Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research report on Monday, October 28th. Finally, Oppenheimer raised their target price 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. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Pool has an average rating of “Hold” and a consensus target price of $368.00.

Pool Trading Down 0.2 %

NASDAQ:POOL opened at $343.50 on Wednesday. Pool Co. has a 12 month low of $293.51 and a 12 month high of $422.73. The stock has a market cap of $13.07 billion, a price-to-earnings ratio of 29.56, a P/E/G ratio of 1.92 and a beta of 1.03. The company has a 50-day moving average price of $345.68 and a 200-day moving average price of $355.91. The company has a current ratio of 2.39, a quick ratio of 0.77 and a debt-to-equity ratio of 0.61.

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.