OneAscent Financial Services LLC Has $406,000 Holdings in Pool Co. (NASDAQ:POOL)

OneAscent Financial Services LLC decreased its position in shares of Pool Co. (NASDAQ:POOL) by 23.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,077 shares of the specialty retailer’s stock after selling 321 shares during the period. OneAscent Financial Services LLC’s holdings in Pool were worth $406,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in POOL. Tortoise Investment Management LLC raised its position in Pool by 68.9% in the second quarter. Tortoise Investment Management LLC now owns 103 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 42 shares during the last quarter. Crewe Advisors LLC raised its position in shares of Pool by 232.4% during the second quarter. Crewe Advisors LLC now owns 113 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 79 shares during the period. UMB Bank n.a. raised its position in shares of Pool by 26.2% during the second quarter. UMB Bank n.a. now owns 207 shares of the specialty retailer’s stock worth $64,000 after purchasing an additional 43 shares during the period. Ridgewood Investments LLC purchased a new stake in Pool in the 2nd quarter valued at $74,000. Finally, Summit Securities Group LLC purchased a new stake in Pool in the 2nd quarter valued at $75,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on POOL shares. Loop Capital increased their price target on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Oppenheimer increased their price target on Pool from $380.00 to $386.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Stifel Nicolaus raised their target price on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. StockNews.com upgraded Pool from a “sell” rating to a “hold” rating in a research note on Saturday, November 2nd. Finally, Robert W. Baird lifted their price target on Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research report on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Pool currently has a consensus rating of “Hold” and an average target price of $369.11.

Pool Price Performance

Shares of Pool stock opened at $360.84 on Tuesday. 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 business’s 50 day simple moving average is $364.43 and its two-hundred day simple moving average is $352.32. The stock has a market capitalization of $13.73 billion, a P/E ratio of 31.05, a price-to-earnings-growth ratio of 2.18 and a beta of 1.01. Pool Co. has a one year low of $293.51 and a one year high of $422.73.

Pool (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, October 24th. The specialty retailer reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.11. The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Pool had a return on equity of 31.89% and a net margin of 8.42%. The business’s quarterly revenue was down 2.8% on a year-over-year basis. During the same period in the previous year, the firm earned $3.50 EPS. Analysts forecast that Pool Co. will post 11 EPS for the current year.

Pool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be given a $1.20 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.33%. Pool’s dividend payout ratio is currently 41.31%.

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.