Aurora Investment Counsel Has $1.54 Million Stake in Pool Co. (NASDAQ:POOL)

Aurora Investment Counsel raised its stake in Pool Co. (NASDAQ:POOL) by 0.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,018 shares of the specialty retailer’s stock after acquiring an additional 30 shares during the period. Aurora Investment Counsel’s holdings in Pool were worth $1,542,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of POOL. Cetera Investment Advisers increased its position in shares of Pool by 6.6% during the 2nd quarter. Cetera Investment Advisers now owns 7,522 shares of the specialty retailer’s stock worth $2,312,000 after purchasing an additional 464 shares in the last quarter. Regal Investment Advisors LLC boosted its position in Pool by 31.8% in the second quarter. Regal Investment Advisors LLC now owns 713 shares of the specialty retailer’s stock valued at $219,000 after buying an additional 172 shares in the last quarter. Wallace Advisory Group LLC grew its stake in Pool by 3.9% during the second quarter. Wallace Advisory Group LLC now owns 1,369 shares of the specialty retailer’s stock worth $421,000 after buying an additional 52 shares during the last quarter. Magnolia Capital Advisors LLC increased its holdings in shares of Pool by 8.9% during the second quarter. Magnolia Capital Advisors LLC now owns 683 shares of the specialty retailer’s stock worth $210,000 after buying an additional 56 shares in the last quarter. Finally, Ascent Group LLC raised its stake in shares of Pool by 17.6% in the second quarter. Ascent Group LLC now owns 1,511 shares of the specialty retailer’s stock valued at $464,000 after acquiring an additional 226 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Pool Stock Up 1.1 %

Shares of NASDAQ POOL opened at $376.80 on Tuesday. Pool Co. has a 1 year low of $293.51 and a 1 year high of $422.73. The firm’s 50-day moving average is $354.01 and its 200-day moving average is $357.79. The company has a current ratio of 2.48, a quick ratio of 0.88 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $14.44 billion, a PE ratio of 29.48, a price-to-earnings-growth ratio of 2.73 and a beta of 1.00.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, July 25th. The specialty retailer reported $4.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.90 by $0.09. Pool had a net margin of 8.58% and a return on equity of 32.85%. The firm had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same period last year, the firm earned $5.89 earnings per share. The business’s revenue for the quarter was down 4.7% on a year-over-year basis. Equities analysts expect that Pool Co. will post 10.99 EPS for the current year.

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 15th were paid a dividend of $1.20 per share. The ex-dividend date was Thursday, August 15th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.27%. Pool’s dividend payout ratio (DPR) is presently 37.56%.

Wall Street Analysts Forecast Growth

POOL has been the topic of a number of research analyst reports. Stifel Nicolaus increased their price target on Pool from $310.00 to $335.00 and gave the stock a “hold” rating in a research report on Friday, August 30th. Robert W. Baird increased their target price on Pool from $305.00 to $377.00 and gave the stock a “neutral” rating in a report on Friday, July 26th. Wells Fargo & Company lifted their price target on Pool from $285.00 to $330.00 and gave the company an “equal weight” rating in a report on Friday, July 26th. Bank of America decreased their price objective on shares of Pool from $338.00 to $290.00 and set an “underperform” rating on the stock in a report on Tuesday, June 25th. Finally, The Goldman Sachs Group boosted their target price on shares of Pool from $365.00 to $415.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $350.00.

Pool Profile

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.