Curi RMB Capital LLC Has $19.15 Million Position in Pool Co. (NASDAQ:POOL)

Curi RMB Capital LLC boosted its position in Pool Co. (NASDAQ:POOL) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 50,828 shares of the specialty retailer’s stock after buying an additional 675 shares during the quarter. Curi RMB Capital LLC’s holdings in Pool were worth $19,152,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in Pool by 37,863.6% during the third quarter. International Assets Investment Management LLC now owns 137,808 shares of the specialty retailer’s stock worth $51,926,000 after purchasing an additional 137,445 shares during the last quarter. M&G Plc bought a new position in shares of Pool in the first quarter valued at $4,436,000. Toronto Dominion Bank grew its stake in shares of Pool by 16.1% in the second quarter. Toronto Dominion Bank now owns 13,369 shares of the specialty retailer’s stock valued at $4,109,000 after buying an additional 1,858 shares in the last quarter. Torray Investment Partners LLC raised its position in Pool by 16.8% during the second quarter. Torray Investment Partners LLC now owns 14,128 shares of the specialty retailer’s stock worth $4,342,000 after acquiring an additional 2,034 shares in the last quarter. Finally, UniSuper Management Pty Ltd raised its holdings in shares of Pool by 459.3% in the 1st quarter. UniSuper Management Pty Ltd now owns 2,724 shares of the specialty retailer’s stock valued at $1,099,000 after purchasing an additional 2,237 shares during the period. Institutional investors own 98.99% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Robert W. Baird increased their price target on Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research note on Wednesday, October 16th. Loop Capital upped their target price on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Wells Fargo & Company lifted their price target on Pool from $330.00 to $370.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. The Goldman Sachs Group raised their price target on shares of Pool from $365.00 to $415.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Finally, Oppenheimer boosted their price objective on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday, October 28th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Pool presently has an average rating of “Hold” and an average price target of $369.11.

Pool Trading Down 1.1 %

Shares of NASDAQ POOL opened at $351.19 on Thursday. Pool Co. has a 52-week low of $293.51 and a 52-week high of $422.73. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.77 and a current ratio of 2.39. The stock has a market cap of $13.36 billion, a P/E ratio of 30.22, a price-to-earnings-growth ratio of 2.16 and a beta of 1.01. The firm has a 50 day moving average price of $363.76 and a two-hundred day moving average price of $352.48.

Pool (NASDAQ:POOL) last announced its earnings results on Thursday, October 24th. The specialty retailer reported $3.26 EPS for the quarter, beating the consensus estimate of $3.15 by $0.11. Pool had a return on equity of 31.89% and a net margin of 8.42%. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the company earned $3.50 EPS. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. As a group, equities analysts forecast that Pool Co. will post 11 EPS for the current year.

Pool Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Wednesday, November 13th. Pool’s payout ratio is 41.31%.

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.