Pool (NASDAQ:POOL)‘s stock had its “buy” rating restated by investment analysts at Robert W. Baird in a research note issued on Friday, February 16th. They presently have a $158.00 target price on the specialty retailer’s stock. Robert W. Baird’s target price would suggest a potential upside of 9.59% from the company’s previous close.
Separately, BidaskClub raised Pool from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 6th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $147.60.
Shares of Pool (NASDAQ:POOL) traded down $0.18 during mid-day trading on Friday, hitting $144.17. The stock had a trading volume of 189,957 shares, compared to its average volume of 226,107. The firm has a market capitalization of $5,898.65, a PE ratio of 31.97 and a beta of 0.87. The company has a current ratio of 2.43, a quick ratio of 0.76 and a debt-to-equity ratio of 2.28. Pool has a 12 month low of $97.25 and a 12 month high of $150.26.
In related news, Director Robert C. Sledd sold 7,200 shares of the company’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $131.02, for a total transaction of $943,344.00. Following the sale, the director now owns 23,814 shares in the company, valued at approximately $3,120,110.28. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Romain Kenneth G. St sold 40,000 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $145.96, for a total value of $5,838,400.00. Following the sale, the insider now owns 105,308 shares in the company, valued at approximately $15,370,755.68. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 135,200 shares of company stock worth $19,628,348. 7.00% of the stock is owned by corporate insiders.
Several institutional investors have recently made changes to their positions in POOL. Tower Research Capital LLC TRC bought a new position in Pool in the fourth quarter worth approximately $144,000. Ladenburg Thalmann Financial Services Inc. boosted its holdings in Pool by 42.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,446 shares of the specialty retailer’s stock worth $188,000 after acquiring an additional 434 shares in the last quarter. Polen Capital Management LLC bought a new position in Pool in the third quarter worth approximately $207,000. Cambridge Investment Research Advisors Inc. bought a new position in Pool in the third quarter worth approximately $217,000. Finally, Koch Industries Inc. bought a new position in Pool in the fourth quarter worth approximately $220,000. Institutional investors own 95.72% of the company’s stock.
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Pool Company Profile
Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company is a distributor of irrigation and landscape products in the United States. As of December 31, 2016, the Company operated 344 sales centers in North America, Europe, South America and Australia, through its four distribution networks, including SCP Distributors (SCP), Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT).
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