Pool Co. (NASDAQ:POOL) Shares Sold by Sei Investments Co.

Sei Investments Co. cut its position in Pool Co. (NASDAQ:POOL) by 0.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 92,495 shares of the specialty retailer’s stock after selling 443 shares during the period. Sei Investments Co.’s holdings in Pool were worth $31,532,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC grew its stake in shares of Pool by 816.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 40,860 shares of the specialty retailer’s stock worth $13,601,000 after purchasing an additional 36,403 shares in the last quarter. L. Roy Papp & Associates LLP purchased a new stake in Pool during the 4th quarter worth about $653,000. National Bank of Canada FI boosted its position in shares of Pool by 46.6% during the 3rd quarter. National Bank of Canada FI now owns 15,576 shares of the specialty retailer’s stock worth $5,869,000 after acquiring an additional 4,954 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Pool by 1.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 260,333 shares of the specialty retailer’s stock valued at $98,093,000 after acquiring an additional 3,268 shares during the last quarter. Finally, World Equity Group Inc. acquired a new stake in shares of Pool during the 4th quarter worth about $272,000. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Pool news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the company’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $346.00, for a total transaction of $3,460,000.00. Following the completion of the transaction, the director now owns 62,577 shares in the company, valued at approximately $21,651,642. This represents a 13.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.00% of the stock is owned by insiders.

Pool Stock Performance

Shares of POOL opened at $325.63 on Wednesday. The company’s 50 day simple moving average is $342.43 and its 200-day simple moving average is $354.23. The firm has a market cap of $12.25 billion, a PE ratio of 28.87, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05. Pool Co. has a 12-month low of $293.51 and a 12-month high of $415.05. The company has a current ratio of 2.05, a quick ratio of 0.77 and a debt-to-equity ratio of 0.71.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.08. Pool had a net margin of 8.18% and a return on equity of 31.11%. The company had revenue of $987.48 million for the quarter, compared to analyst estimates of $961.04 million. As a group, equities analysts predict that Pool Co. will post 11.32 EPS for the current year.

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.47%. The ex-dividend date is Wednesday, March 12th. Pool’s dividend payout ratio is presently 42.55%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on POOL shares. Wells Fargo & Company lowered their price target on Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a report on Tuesday, February 4th. StockNews.com downgraded shares of Pool from a “hold” rating to a “sell” rating in a research report on Friday, February 28th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $368.00.

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.