Signal Advisors Wealth LLC Purchases 295 Shares of Pool Co. (NASDAQ:POOL)

Signal Advisors Wealth LLC lifted its position in Pool Co. (NASDAQ:POOL) by 14.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,409 shares of the specialty retailer’s stock after buying an additional 295 shares during the period. Signal Advisors Wealth LLC’s holdings in Pool were worth $821,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Brooklyn Investment Group purchased a new position in Pool in the third quarter worth about $31,000. Wilmington Savings Fund Society FSB bought a new position in shares of Pool in the 3rd quarter worth approximately $60,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Pool by 101.2% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer’s stock worth $123,000 after buying an additional 164 shares during the last quarter. Hilltop National Bank grew its position in Pool by 18.1% during the fourth quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock valued at $140,000 after buying an additional 63 shares during the period. Finally, GAMMA Investing LLC increased its holdings in Pool by 24.8% during the third quarter. GAMMA Investing LLC now owns 402 shares of the specialty retailer’s stock valued at $151,000 after buying an additional 80 shares during the last quarter. Institutional investors own 98.99% of the company’s stock.

Pool Stock Performance

NASDAQ:POOL opened at $339.68 on Wednesday. The stock has a 50-day moving average price of $357.39 and a 200 day moving average price of $353.29. The stock has a market capitalization of $12.93 billion, a P/E ratio of 29.23, a P/E/G ratio of 2.20 and a beta of 1.03. Pool Co. has a 12-month low of $293.51 and a 12-month high of $422.73. 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 (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, October 24th. The specialty retailer reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.15 by $0.11. Pool had a net margin of 8.42% and a return on equity of 31.89%. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the firm posted $3.50 EPS. The company’s revenue was down 2.8% on a year-over-year basis. Equities research analysts forecast that Pool Co. will post 11.02 EPS for the current fiscal year.

Pool Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.41%. The ex-dividend date was Wednesday, November 13th. Pool’s dividend payout ratio (DPR) is presently 41.31%.

Analyst Upgrades and Downgrades

POOL has been the topic of several analyst reports. Stifel Nicolaus lifted their price target 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. Robert W. Baird lifted their target price on Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research report on Wednesday, October 16th. StockNews.com upgraded Pool from a “sell” rating to a “hold” rating in a research report on Saturday. Wells Fargo & Company raised their price objective on Pool from $330.00 to $370.00 and gave the stock an “equal weight” rating in a research note on Monday, October 7th. Finally, Loop Capital increased their target price on shares of Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a report on Friday, October 25th. 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.com, the company currently has a consensus rating of “Hold” and a consensus price target of $369.25.

Pool 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.