BidaskClub lowered shares of Pool (NASDAQ:POOL) from a buy rating to a hold rating in a research report sent to investors on Wednesday morning, BidAskClub reports.

Several other research analysts have also recently commented on POOL. Sidoti cut shares of Pool from a buy rating to a neutral rating and set a $215.00 target price on the stock. in a report on Friday, August 23rd. Robert W. Baird set a $192.00 price target on shares of Pool and gave the stock a buy rating in a research report on Friday, July 19th. Finally, Zacks Investment Research upgraded shares of Pool from a sell rating to a hold rating and set a $209.00 price target on the stock in a research report on Monday, August 12th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $189.40.

Shares of POOL traded down $1.11 during mid-day trading on Wednesday, hitting $190.00. 182,792 shares of the company’s stock were exchanged, compared to its average volume of 207,260. Pool has a 52 week low of $136.83 and a 52 week high of $204.97. The stock’s 50-day simple moving average is $194.86 and its 200-day simple moving average is $181.39. The firm has a market cap of $7.48 billion, a price-to-earnings ratio of 33.81, a price-to-earnings-growth ratio of 1.37 and a beta of 0.90. The company has a quick ratio of 0.97, a current ratio of 2.35 and a debt-to-equity ratio of 2.30.

Pool (NASDAQ:POOL) last announced its earnings results on Thursday, July 18th. The specialty retailer reported $3.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.21 by $0.01. Pool had a net margin of 8.14% and a return on equity of 82.89%. The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same period last year, the firm earned $2.80 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. Analysts forecast that Pool will post 5.81 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 15th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $2.20 annualized dividend and a dividend yield of 1.16%. Pool’s dividend payout ratio is 39.15%.

In related news, Vice Chairman De La Mesa Manuel J. Perez sold 4,443 shares of the stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $192.63, for a total transaction of $855,855.09. Following the sale, the insider now owns 64,145 shares in the company, valued at approximately $12,356,251.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert C. Sledd sold 8,696 shares of the stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $199.09, for a total transaction of $1,731,286.64. Following the sale, the director now owns 26,837 shares in the company, valued at approximately $5,342,978.33. The disclosure for this sale can be found here. Insiders have sold a total of 48,965 shares of company stock worth $9,560,885 in the last quarter. 6.00% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dupont Capital Management Corp boosted its position in shares of Pool by 6.0% during the 2nd quarter. Dupont Capital Management Corp now owns 3,556 shares of the specialty retailer’s stock worth $679,000 after acquiring an additional 200 shares in the last quarter. Flinton Capital Management LLC boosted its position in Pool by 9.7% in the second quarter. Flinton Capital Management LLC now owns 8,840 shares of the specialty retailer’s stock valued at $1,688,000 after buying an additional 782 shares in the last quarter. Tyers Asset Management LLC boosted its position in Pool by 12.9% in the first quarter. Tyers Asset Management LLC now owns 6,636 shares of the specialty retailer’s stock valued at $1,095,000 after buying an additional 756 shares in the last quarter. Ontario Teachers Pension Plan Board acquired a new stake in Pool in the first quarter valued at approximately $869,000. Finally, Raymond James & Associates boosted its position in Pool by 3.9% in the first quarter. Raymond James & Associates now owns 152,223 shares of the specialty retailer’s stock valued at $25,112,000 after buying an additional 5,679 shares in the last quarter. Institutional investors and hedge funds own 95.70% of the company’s stock.

Pool Company Profile

Pool Corp. engages in the wholesale distribution of swimming pool supplies, equipment and related leisure products. It also provides irrigation and landscape products. The company was founded in 1993 and is headquartered in Covington, LA.

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