State of Alaska Department of Revenue Sells 105 Shares of Pool Co. (NASDAQ:POOL)

State of Alaska Department of Revenue reduced its position in Pool Co. (NASDAQ:POOL) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,342 shares of the specialty retailer’s stock after selling 105 shares during the period. State of Alaska Department of Revenue’s holdings in Pool were worth $1,480,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. YANKCOM Partnership acquired a new stake in Pool during the fourth quarter worth approximately $61,000. Tyche Wealth Partners LLC acquired a new stake in shares of Pool in the fourth quarter valued at approximately $499,000. Choreo LLC raised its position in shares of Pool by 349.4% in the fourth quarter. Choreo LLC now owns 2,557 shares of the specialty retailer’s stock valued at $868,000 after buying an additional 1,988 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Pool by 27.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,395 shares of the specialty retailer’s stock valued at $1,513,000 after acquiring an additional 954 shares during the last quarter. Finally, Y.D. More Investments Ltd increased its stake in Pool by 720.0% in the fourth quarter. Y.D. More Investments Ltd now owns 1,230 shares of the specialty retailer’s stock valued at $419,000 after acquiring an additional 1,080 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Pool Trading Down 0.3 %

NASDAQ:POOL opened at $335.45 on Thursday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77. The firm has a 50-day moving average of $347.65 and a 200-day moving average of $356.59. The company has a market cap of $12.77 billion, a PE ratio of 28.87, a PEG ratio of 1.92 and a beta of 1.03. Pool Co. has a one year low of $293.51 and a one year high of $422.73.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Stifel Nicolaus boosted their target price on shares of Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Robert W. Baird lifted their price target on shares of Pool from $377.00 to $408.00 and gave the stock a “neutral” rating in a report on Wednesday, October 16th. Loop Capital lifted their price target on shares of Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Oppenheimer boosted their target price on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Finally, Wells Fargo & Company dropped their target price on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Pool currently has an average rating of “Hold” and a consensus price target of $368.00.

Pool Company 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.