Pool Co. (NASDAQ:POOL) VP Romain Kenneth G. St Sells 9,310 Shares

Pool Co. (NASDAQ:POOL) VP Romain Kenneth G. St sold 9,310 shares of the business’s stock in a transaction dated Monday, May 10th. The stock was sold at an average price of $444.97, for a total value of $4,142,670.70. Following the sale, the vice president now directly owns 88,517 shares of the company’s stock, valued at $39,387,409.49. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Pool stock traded down $19.11 during trading hours on Wednesday, hitting $419.76. The stock had a trading volume of 269,088 shares, compared to its average volume of 343,920. The company has a quick ratio of 0.94, a current ratio of 2.21 and a debt-to-equity ratio of 0.56. The stock has a market cap of $16.85 billion, a price-to-earnings ratio of 53.05 and a beta of 0.72. Pool Co. has a one year low of $212.63 and a one year high of $449.44. The business’s 50 day simple moving average is $385.26 and its 200-day simple moving average is $359.12.

Pool (NASDAQ:POOL) last issued its quarterly earnings data on Wednesday, April 21st. The specialty retailer reported $2.42 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.15 by $1.27. Pool had a return on equity of 70.48% and a net margin of 8.85%. The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $825.73 million. During the same period last year, the company earned $0.71 earnings per share. The firm’s revenue was up 56.6% compared to the same quarter last year. Research analysts anticipate that Pool Co. will post 8.43 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 28th. Stockholders of record on Monday, May 17th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.76%. This is an increase from Pool’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Friday, May 14th. Pool’s dividend payout ratio (DPR) is 39.79%.

Several institutional investors and hedge funds have recently modified their holdings of the company. First Horizon Corp raised its position in shares of Pool by 4.1% during the first quarter. First Horizon Corp now owns 613 shares of the specialty retailer’s stock worth $211,000 after acquiring an additional 24 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in Pool by 7.6% in the first quarter. First Horizon Advisors Inc. now owns 424 shares of the specialty retailer’s stock worth $146,000 after purchasing an additional 30 shares in the last quarter. Hartford Investment Management Co. increased its holdings in Pool by 0.6% in the first quarter. Hartford Investment Management Co. now owns 5,181 shares of the specialty retailer’s stock worth $1,789,000 after purchasing an additional 32 shares in the last quarter. Perennial Investment Advisors LLC increased its holdings in Pool by 4.9% in the fourth quarter. Perennial Investment Advisors LLC now owns 772 shares of the specialty retailer’s stock worth $288,000 after purchasing an additional 36 shares in the last quarter. Finally, F3Logic LLC increased its holdings in Pool by 2.5% in the first quarter. F3Logic LLC now owns 1,502 shares of the specialty retailer’s stock worth $516,000 after purchasing an additional 36 shares in the last quarter. Institutional investors own 90.62% of the company’s stock.

Several research firms have recently issued reports on POOL. Jefferies Financial Group restated a “hold” rating and set a $410.00 target price on shares of Pool in a research report on Wednesday, May 5th. Loop Capital upped their price objective on Pool from $390.00 to $405.00 and gave the stock a “hold” rating in a research note on Monday, April 26th. Zacks Investment Research cut Pool from a “buy” rating to a “hold” rating and set a $362.00 price objective on the stock. in a research note on Wednesday, March 17th. Finally, Robert W. Baird increased their price target on Pool from $360.00 to $444.00 and gave the company an “outperform” rating in a research note on Friday, April 23rd. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Pool currently has an average rating of “Buy” and an average price target of $375.57.

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; fiberglass pools, and hot tubs and 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 related products consisting of irrigation system components, and professional lawn care equipment and supplies.

See Also: Moving Average – How it Helps Investors in Stock Selection

Insider Buying and Selling by Quarter for Pool (NASDAQ:POOL)

Receive News & Ratings for Pool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pool and related companies with MarketBeat.com's FREE daily email newsletter.