Union Bancaire Privee UBP SA Buys New Stake in Pool Co. (NASDAQ:POOL)

Union Bancaire Privee UBP SA bought a new stake in Pool Co. (NASDAQ:POOL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,416 shares of the specialty retailer’s stock, valued at approximately $1,869,000.

Several other institutional investors have also recently added to or reduced their stakes in POOL. Sierra Ocean LLC acquired a new stake in Pool in the 4th quarter valued at approximately $30,000. Brooklyn Investment Group acquired a new stake in Pool in the 3rd quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB acquired a new stake in Pool in the 3rd quarter valued at approximately $60,000. YANKCOM Partnership acquired a new stake in Pool in the 4th quarter valued at approximately $61,000. Finally, Hilltop National Bank increased its holdings in Pool by 18.1% in the 4th quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock valued at $140,000 after purchasing an additional 63 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wells Fargo & Company dropped their price target on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 4th. Oppenheimer boosted their price target 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. StockNews.com upgraded shares of Pool from a “sell” rating to a “hold” rating in a research note on Thursday. Finally, Stifel Nicolaus boosted 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. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $368.00.

Pool Price Performance

Pool stock opened at $344.00 on Monday. The stock has a market cap of $13.09 billion, a P/E ratio of 30.50, a price-to-earnings-growth ratio of 2.03 and a beta of 1.03. The company has a fifty day simple moving average of $343.47 and a 200-day simple moving average of $355.67. 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 2.05, a quick ratio of 0.77 and a debt-to-equity ratio of 0.71.

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

Pool Company 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.