ValuEngine cut shares of Pool (NASDAQ:POOL) from a buy rating to a hold rating in a report released on Saturday.

A number of other equities analysts have also recently issued reports on the company. Zacks Investment Research upgraded Pool from a hold rating to a buy rating and set a $161.00 target price for the company in a report on Thursday, February 22nd. Robert W. Baird reiterated a buy rating and set a $158.00 target price on shares of Pool in a report on Friday, February 16th. Stephens set a $160.00 target price on Pool and gave the stock a hold rating in a report on Thursday, February 15th. Finally, BidaskClub upgraded Pool from a hold rating to a buy rating in a report on Saturday, February 10th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Pool currently has an average rating of Buy and a consensus price target of $152.50.

POOL opened at $141.13 on Friday. The company has a debt-to-equity ratio of 2.19, a current ratio of 1.97 and a quick ratio of 0.76. Pool has a 12 month low of $97.25 and a 12 month high of $150.26. The firm has a market capitalization of $5,724.52, a P/E ratio of 32.59 and a beta of 0.81.

Pool (NASDAQ:POOL) last released its earnings results on Thursday, April 19th. The specialty retailer reported $0.75 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.04. The firm had revenue of $585.90 million during the quarter, compared to analysts’ expectations of $586.93 million. Pool had a return on equity of 74.42% and a net margin of 7.10%. The company’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.52 EPS. sell-side analysts forecast that Pool will post 5.52 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 29th. Shareholders of record on Friday, March 16th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date was Thursday, March 15th. Pool’s dividend payout ratio (DPR) is presently 37.09%.

In other news, CEO De La Mesa Manuel J. Perez sold 1,300 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $148.26, for a total value of $192,738.00. Following the completion of the transaction, the chief executive officer now owns 53,058 shares in the company, valued at approximately $7,866,379.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO De La Mesa Manuel J. Perez sold 28,700 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $143.18, for a total value of $4,109,266.00. Following the completion of the transaction, the chief executive officer now owns 61,758 shares of the company’s stock, valued at approximately $8,842,510.44. The disclosure for this sale can be found here. In the last quarter, insiders have sold 128,000 shares of company stock valued at $18,685,004. Corporate insiders own 6.00% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC bought a new position in shares of Pool in the 4th quarter valued at about $144,000. Ladenburg Thalmann Financial Services Inc. grew its holdings in shares of Pool by 42.9% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,446 shares of the specialty retailer’s stock valued at $188,000 after acquiring an additional 434 shares in the last quarter. Koch Industries Inc. bought a new position in shares of Pool in the 4th quarter valued at about $220,000. Amundi Pioneer Asset Management Inc. bought a new position in shares of Pool in the 4th quarter valued at about $229,000. Finally, Eagle Boston Investment Management Inc. bought a new position in shares of Pool in the 4th quarter valued at about $246,000. Institutional investors own 95.29% of the company’s stock.

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About Pool

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in North America, Europe, South America, and Australia. 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; packaged pool kits comprising walls, liners, braces, and coping for in-ground and above-ground pools; pool equipment and components for new pool construction and the remodeling of existing pools; and irrigation and landscape products consisting of irrigation system components, and professional lawn care equipment and supplies.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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