Sentry Investment Management LLC Sells 33 Shares of Pool Co. (NASDAQ:POOL)

Sentry Investment Management LLC lowered its position in Pool Co. (NASDAQ:POOLFree Report) by 13.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 218 shares of the specialty retailer’s stock after selling 33 shares during the period. Sentry Investment Management LLC’s holdings in Pool were worth $78,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Pool by 0.3% in the first quarter. Vanguard Group Inc. now owns 4,424,510 shares of the specialty retailer’s stock valued at $1,870,904,000 after purchasing an additional 12,654 shares in the last quarter. BlackRock Inc. grew its holdings in Pool by 2.5% during the 2nd quarter. BlackRock Inc. now owns 3,745,914 shares of the specialty retailer’s stock worth $1,403,369,000 after acquiring an additional 93,012 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Pool by 10.1% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,781,791 shares of the specialty retailer’s stock worth $667,530,000 after acquiring an additional 162,835 shares during the period. State Street Corp grew its holdings in Pool by 3.7% during the 2nd quarter. State Street Corp now owns 1,510,384 shares of the specialty retailer’s stock worth $565,850,000 after acquiring an additional 54,292 shares during the period. Finally, Select Equity Group L.P. grew its holdings in Pool by 10.3% during the 4th quarter. Select Equity Group L.P. now owns 1,502,159 shares of the specialty retailer’s stock worth $454,148,000 after acquiring an additional 139,946 shares during the period. Institutional investors own 98.99% of the company’s stock.

Wall Street Analyst Weigh In

POOL has been the subject of several research analyst reports. Stifel Nicolaus boosted their price target on shares of Pool from $315.00 to $370.00 and gave the company a “hold” rating in a report on Wednesday, December 20th. Oppenheimer decreased their price target on shares of Pool from $375.00 to $370.00 and set an “outperform” rating for the company in a report on Friday, October 20th. Wells Fargo & Company began coverage on shares of Pool in a research report on Tuesday, December 19th. They issued an “equal weight” rating and a $400.00 price objective on the stock. Deutsche Bank Aktiengesellschaft cut shares of Pool from a “buy” rating to a “hold” rating and cut their price objective for the company from $371.00 to $368.00 in a research report on Friday, December 8th. Finally, StockNews.com began coverage on shares of Pool in a research report on Thursday, October 5th. They issued a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $381.80.

View Our Latest Report on Pool

Pool Stock Down 0.4 %

NASDAQ:POOL traded down $1.44 on Friday, hitting $377.12. 190,504 shares of the company’s stock were exchanged, compared to its average volume of 248,391. The company has a market cap of $14.59 billion, a P/E ratio of 27.39, a price-to-earnings-growth ratio of 2.70 and a beta of 0.98. The firm has a 50-day moving average price of $375.61 and a 200-day moving average price of $360.81. Pool Co. has a 52 week low of $307.77 and a 52 week high of $423.97. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.58 and a quick ratio of 0.81.

Pool Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Pool (NASDAQ:POOL)

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