Union Bancaire Privee UBP SA Takes $1.87 Million Position in Pool Co. (NASDAQ:POOL)

Union Bancaire Privee UBP SA purchased a new stake in Pool Co. (NASDAQ:POOL) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 5,416 shares of the specialty retailer’s stock, valued at approximately $1,869,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. World Equity Group Inc. purchased a new position in Pool in the 4th quarter valued at about $272,000. Sigma Planning Corp lifted its stake in Pool by 9.0% in the 4th quarter. Sigma Planning Corp now owns 2,020 shares of the specialty retailer’s stock valued at $689,000 after buying an additional 167 shares in the last quarter. ING Groep NV purchased a new position in Pool in the 4th quarter valued at about $1,657,000. TimesSquare Capital Management LLC lifted its stake in Pool by 62.6% in the 4th quarter. TimesSquare Capital Management LLC now owns 172,538 shares of the specialty retailer’s stock valued at $58,825,000 after buying an additional 66,409 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its stake in Pool by 298.4% in the 4th quarter. Global Retirement Partners LLC now owns 749 shares of the specialty retailer’s stock valued at $255,000 after buying an additional 561 shares in the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on POOL shares. Wells Fargo & Company decreased their price target on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 4th. StockNews.com raised shares of Pool from a “sell” rating to a “hold” rating in a research note on Thursday. 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 note on Monday, October 28th. Finally, 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 note on Monday, October 28th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $368.00.

Pool Stock Down 0.1 %

Shares of NASDAQ POOL opened at $344.00 on Monday. The company has a 50 day simple moving average of $343.47 and a 200-day simple moving average of $355.67. The company has a market capitalization of $13.09 billion, a P/E ratio of 30.50, a P/E/G ratio of 2.03 and a beta of 1.03. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.05 and a quick ratio of 0.77. Pool Co. has a 1 year low of $293.51 and a 1 year high of $422.73.

Pool (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.08. The business had revenue of $987.48 million during the quarter, compared to the consensus estimate of $961.04 million. Pool had a net margin of 8.18% and a return on equity of 31.11%. On average, equities research analysts predict that Pool Co. will post 11.32 earnings per share for the current year.

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.