Centaurus Financial Inc. Buys 324 Shares of Pool Co. (NASDAQ:POOL)

Centaurus Financial Inc. boosted its position in shares of Pool Co. (NASDAQ:POOL) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,552 shares of the specialty retailer’s stock after acquiring an additional 324 shares during the period. Pool makes up approximately 0.7% of Centaurus Financial Inc.’s holdings, making the stock its 29th largest holding. Centaurus Financial Inc. owned approximately 0.06% of Pool worth $8,992,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Pathstone Family Office LLC lifted its position in Pool by 59.9% in the third quarter. Pathstone Family Office LLC now owns 2,450 shares of the specialty retailer’s stock worth $872,000 after purchasing an additional 918 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Pool by 2.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 8,247 shares of the specialty retailer’s stock worth $2,937,000 after acquiring an additional 200 shares during the period. DekaBank Deutsche Girozentrale boosted its position in shares of Pool by 73.8% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 15,275 shares of the specialty retailer’s stock valued at $5,376,000 after acquiring an additional 6,485 shares in the last quarter. Aviva PLC increased its stake in Pool by 0.8% in the third quarter. Aviva PLC now owns 82,664 shares of the specialty retailer’s stock valued at $29,437,000 after acquiring an additional 671 shares during the period. Finally, Kestra Advisory Services LLC raised its position in Pool by 4.1% in the third quarter. Kestra Advisory Services LLC now owns 1,924 shares of the specialty retailer’s stock worth $685,000 after purchasing an additional 76 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Price Performance

Shares of NASDAQ:POOL traded down $1.69 during midday trading on Friday, reaching $341.31. The company’s stock had a trading volume of 224,397 shares, compared to its average volume of 295,183. The business’s fifty day simple moving average is $365.44 and its 200-day simple moving average is $379.92. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.88 and a quick ratio of 0.56. Pool Co. has a fifty-two week low of $308.45 and a fifty-two week high of $422.73. The company has a market capitalization of $13.08 billion, a P/E ratio of 26.71, a P/E/G ratio of 3.56 and a beta of 1.02.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $1.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.87 by ($0.02). The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion. Pool had a return on equity of 35.49% and a net margin of 9.17%. The firm’s quarterly revenue was down 7.1% compared to the same quarter last year. During the same period in the prior year, the company posted $2.46 EPS. As a group, equities research analysts expect that Pool Co. will post 13.02 EPS for the current fiscal year.

Pool Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Thursday, May 16th were given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.41%. This is a positive change from Pool’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend was Wednesday, May 15th. Pool’s dividend payout ratio (DPR) is presently 37.56%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on POOL shares. Stifel Nicolaus lowered their price target on Pool from $370.00 to $360.00 and set a “hold” rating on the stock in a research report on Monday, April 29th. TheStreet cut shares of Pool from a “b” rating to a “c+” rating in a research report on Thursday, February 22nd. Finally, Oppenheimer reduced their price target on shares of Pool from $436.00 to $416.00 and set an “outperform” rating on the stock in a research report on Monday, April 29th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Pool currently has a consensus rating of “Hold” and an average target price of $391.80.

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.