Mount Yale Investment Advisors LLC Has $467,000 Position in Pool Co. (NASDAQ:POOL)

Mount Yale Investment Advisors LLC lessened its holdings in shares of Pool Co. (NASDAQ:POOL) by 55.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,371 shares of the specialty retailer’s stock after selling 1,682 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Pool were worth $467,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in POOL. JPMorgan Chase & Co. lifted its stake in Pool by 22.7% in the third quarter. JPMorgan Chase & Co. now owns 1,260,313 shares of the specialty retailer’s stock valued at $474,886,000 after buying an additional 232,914 shares during the period. Geode Capital Management LLC raised its position in shares of Pool by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 964,343 shares of the specialty retailer’s stock valued at $362,196,000 after acquiring an additional 6,232 shares during the period. Wasatch Advisors LP boosted its stake in Pool by 0.6% during the 3rd quarter. Wasatch Advisors LP now owns 565,339 shares of the specialty retailer’s stock worth $213,020,000 after acquiring an additional 3,428 shares during the last quarter. Berkshire Hathaway Inc acquired a new position in Pool during the third quarter valued at approximately $152,249,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Pool by 1.3% in the third 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 purchasing an additional 3,268 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Robert W. Baird lifted their price target on shares of Pool from $377.00 to $408.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. Stifel Nicolaus boosted their target price on Pool from $335.00 to $340.00 and gave the company a “hold” rating in a research note on Monday, October 28th. Loop Capital raised their price target on Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Wells Fargo & Company lifted their price target on shares of Pool from $330.00 to $370.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. Finally, Oppenheimer increased their price objective on shares of Pool from $380.00 to $386.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $369.25.

Pool Stock Down 2.7 %

Pool stock opened at $350.15 on Wednesday. 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 Co. has a 1-year low of $293.51 and a 1-year high of $422.73. The company has a fifty day simple moving average of $355.43 and a 200 day simple moving average of $356.69. The company has a market cap of $13.33 billion, a P/E ratio of 30.13, a price-to-earnings-growth ratio of 2.02 and a beta of 1.03.

About Pool

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.