Rhumbline Advisers Sells 1,860 Shares of Pool Co. (NASDAQ:POOL)

Rhumbline Advisers decreased its holdings in Pool Co. (NASDAQ:POOL) by 2.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 77,099 shares of the specialty retailer’s stock after selling 1,860 shares during the period. Rhumbline Advisers owned approximately 0.20% of Pool worth $26,286,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group bought a new position in shares of Pool in the 3rd quarter valued at $31,000. Wilmington Savings Fund Society FSB bought a new position in shares of Pool in the 3rd quarter valued at $60,000. YANKCOM Partnership bought a new position in shares of Pool in the 4th quarter valued at $61,000. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Pool by 101.2% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer’s stock valued at $123,000 after purchasing an additional 164 shares during the last quarter. Finally, Hilltop National Bank increased its stake in shares of Pool by 18.1% in the 4th quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock valued at $140,000 after purchasing an additional 63 shares during the last quarter. Institutional investors own 98.99% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on POOL shares. Wells Fargo & Company decreased their price target on Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 4th. Stifel Nicolaus raised their price objective on Pool from $335.00 to $340.00 and gave the company a “hold” rating in a report on Monday, October 28th. StockNews.com downgraded Pool from a “hold” rating to a “sell” rating in a report on Saturday, February 8th. Oppenheimer raised their price objective on Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Finally, Loop Capital raised their price objective on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a report on Friday, October 25th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $368.00.

Pool Stock Down 0.8 %

Shares of POOL opened at $340.87 on Thursday. The company has a market capitalization of $12.97 billion, a PE ratio of 29.33, a PEG ratio of 1.95 and a beta of 1.03. Pool Co. has a 12 month low of $293.51 and a 12 month high of $422.73. The stock’s 50-day moving average price is $344.35 and its two-hundred day moving average price is $355.74. The company has a current ratio of 2.39, a quick ratio of 0.77 and a debt-to-equity ratio of 0.61.

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.