Vontobel Holding Ltd. Increases Stake in Pool Co. (NASDAQ:POOL)

Vontobel Holding Ltd. lifted its stake in Pool Co. (NASDAQ:POOL) by 457.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,548 shares of the specialty retailer’s stock after purchasing an additional 4,553 shares during the period. Vontobel Holding Ltd.’s holdings in Pool were worth $1,892,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in POOL. CWM LLC grew its holdings in Pool by 3.7% during the 3rd quarter. CWM LLC now owns 777 shares of the specialty retailer’s stock worth $293,000 after acquiring an additional 28 shares in the last quarter. Empirical Finance LLC grew its holdings in Pool by 3.7% during the 3rd quarter. Empirical Finance LLC now owns 1,103 shares of the specialty retailer’s stock worth $416,000 after acquiring an additional 39 shares in the last quarter. Second Line Capital LLC boosted its holdings in shares of Pool by 4.8% in the 3rd quarter. Second Line Capital LLC now owns 853 shares of the specialty retailer’s stock valued at $322,000 after buying an additional 39 shares in the last quarter. Sugarloaf Wealth Management LLC boosted its holdings in shares of Pool by 10.1% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 579 shares of the specialty retailer’s stock valued at $197,000 after buying an additional 53 shares in the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in shares of Pool by 0.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 7,250 shares of the specialty retailer’s stock valued at $2,732,000 after buying an additional 54 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

POOL has been the topic of a number of recent analyst reports. StockNews.com cut shares of Pool from a “hold” rating to a “sell” rating in a report on Saturday, February 8th. Oppenheimer increased their price objective on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. Stifel Nicolaus increased their price objective on shares of Pool from $335.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, October 28th. Loop Capital increased their price objective on shares of Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Finally, Wells Fargo & Company decreased their price objective on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $368.00.

Pool Price Performance

Pool stock opened at $344.28 on Tuesday. The company’s fifty day moving average price is $345.68 and its 200 day moving average price is $355.91. Pool Co. has a 1 year low of $293.51 and a 1 year high of $422.73. The stock has a market capitalization of $13.10 billion, a P/E ratio of 29.63, a P/E/G ratio of 1.92 and a beta of 1.03. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.77 and a current ratio of 2.39.

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; 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.