Jump Financial LLC Acquires 425 Shares of Pool Co. (NASDAQ:POOL)

Jump Financial LLC increased its holdings in Pool Co. (NASDAQ:POOL) by 49.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,287 shares of the specialty retailer’s stock after buying an additional 425 shares during the period. Jump Financial LLC’s holdings in Pool were worth $439,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Ontario Teachers Pension Plan Board grew its position in shares of Pool by 111.8% in the fourth quarter. Ontario Teachers Pension Plan Board now owns 3,741 shares of the specialty retailer’s stock valued at $1,275,000 after purchasing an additional 1,975 shares in the last quarter. Guggenheim Capital LLC grew its holdings in Pool by 37.5% during the 4th quarter. Guggenheim Capital LLC now owns 5,409 shares of the specialty retailer’s stock valued at $1,844,000 after buying an additional 1,474 shares in the last quarter. Canada Post Corp Registered Pension Plan bought a new stake in shares of Pool during the fourth quarter valued at about $228,000. Barclays PLC lifted its holdings in shares of Pool by 0.8% in the fourth quarter. Barclays PLC now owns 81,150 shares of the specialty retailer’s stock worth $27,665,000 after buying an additional 630 shares in the last quarter. Finally, Fiducient Advisors LLC bought a new position in shares of Pool in the fourth quarter valued at approximately $722,000. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Pool

In other Pool news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $346.00, for a total value of $3,460,000.00. Following the sale, the director now owns 62,577 shares of the company’s stock, valued at $21,651,642. This trade represents a 13.78 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jennifer M. Neil sold 1,223 shares of the company’s stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $315.00, for a total transaction of $385,245.00. Following the transaction, the senior vice president now directly owns 9,667 shares of the company’s stock, valued at approximately $3,045,105. This trade represents a 11.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on POOL shares. Stifel Nicolaus cut their price target on shares of Pool from $340.00 to $330.00 and set a “hold” rating for the company in a report on Wednesday. StockNews.com cut Pool from a “hold” rating to a “sell” rating in a research report on Friday, February 28th. Deutsche Bank Aktiengesellschaft initiated coverage on Pool in a report on Tuesday, April 1st. They issued a “hold” rating and a $344.00 price target on the stock. Finally, Wells Fargo & Company cut their price objective on Pool from $360.00 to $315.00 and set an “equal weight” rating for the company in a report on Monday, April 14th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $359.22.

Pool Trading Down 6.7 %

Shares of POOL opened at $288.70 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.77 and a current ratio of 2.05. Pool Co. has a fifty-two week low of $284.28 and a fifty-two week high of $395.60. The firm has a 50 day moving average price of $325.69 and a 200-day moving average price of $345.71. The firm has a market cap of $10.89 billion, a price-to-earnings ratio of 25.59, a PEG ratio of 2.03 and a beta of 1.13.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, April 24th. The specialty retailer reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by ($0.06). Pool had a net margin of 8.18% and a return on equity of 31.11%. As a group, equities research analysts forecast that Pool Co. will post 11.32 earnings per share for the current year.

Pool Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were paid a $1.20 dividend. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $4.80 dividend on an annualized basis and a yield of 1.66%. Pool’s dividend payout ratio (DPR) is currently 42.55%.

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.