Natixis Has $1.10 Million Holdings in Pool Co. (NASDAQ:POOL)

Natixis grew its stake in shares of Pool Co. (NASDAQ:POOL - Free Report) by 4,454.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,234 shares of the specialty retailer's stock after purchasing an additional 3,163 shares during the quarter. Natixis' holdings in Pool were worth $1,103,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Waterloo Capital L.P. grew its position in Pool by 7.1% in the 4th quarter. Waterloo Capital L.P. now owns 635 shares of the specialty retailer's stock worth $216,000 after purchasing an additional 42 shares during the last quarter. Venturi Wealth Management LLC boosted its position in shares of Pool by 4.0% during the fourth quarter. Venturi Wealth Management LLC now owns 1,122 shares of the specialty retailer's stock worth $383,000 after buying an additional 43 shares during the period. Sugarloaf Wealth Management LLC grew its holdings in Pool by 10.1% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 579 shares of the specialty retailer's stock worth $197,000 after buying an additional 53 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in Pool by 0.3% in the 4th quarter. Nisa Investment Advisors LLC now owns 17,578 shares of the specialty retailer's stock worth $5,993,000 after buying an additional 54 shares in the last quarter. Finally, QRG Capital Management Inc. increased its position in Pool by 8.3% in the 4th quarter. QRG Capital Management Inc. now owns 714 shares of the specialty retailer's stock valued at $243,000 after acquiring an additional 55 shares during the period. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on POOL shares. StockNews.com lowered Pool from a "hold" rating to a "sell" rating in a research report on Friday, February 28th. Oppenheimer reduced their price objective on shares of Pool from $370.00 to $322.00 and set an "outperform" rating for the company in a report on Monday. Wells Fargo & Company set a $300.00 target price on shares of Pool in a research note on Friday. Deutsche Bank Aktiengesellschaft began coverage on shares of Pool in a research report on Tuesday, April 1st. They set a "hold" rating and a $344.00 price target on the stock. Finally, Robert W. Baird decreased their price objective on shares of Pool from $325.00 to $310.00 and set a "neutral" rating for the company in a report on Friday. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, Pool currently has a consensus rating of "Hold" and a consensus price target of $336.22.

Insider Activity at Pool

In other news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the business's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $346.00, for a total transaction of $3,460,000.00. Following the sale, the director now owns 62,577 shares in the company, valued at $21,651,642. The trade was a 13.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jennifer M. Neil sold 1,223 shares of the firm's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $315.00, for a total transaction of $385,245.00. Following the completion of the transaction, the senior vice president now directly owns 9,667 shares of the company's stock, valued at $3,045,105. This represents a 11.23 % decrease in their position. The disclosure for this sale can be found here. 3.00% of the stock is currently owned by corporate insiders.

Pool Price Performance

Shares of NASDAQ POOL traded up $0.52 during midday trading on Tuesday, reaching $291.85. The company's stock had a trading volume of 133,562 shares, compared to its average volume of 382,074. Pool Co. has a one year low of $284.28 and a one year high of $395.60. The company has a market cap of $11.01 billion, a price-to-earnings ratio of 25.91, a price-to-earnings-growth ratio of 2.03 and a beta of 1.13. The company has a 50 day moving average price of $322.55 and a 200 day moving average price of $343.91. The company has a current ratio of 2.05, a quick ratio of 0.77 and a debt-to-equity ratio of 0.71.

Pool (NASDAQ:POOL - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The specialty retailer reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.10). The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.10 billion. Pool had a net margin of 8.18% and a return on equity of 31.11%. Pool's quarterly revenue was down 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.85 EPS. On average, equities research analysts expect that Pool Co. will post 11.32 EPS for the current year.

Pool Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.64%. The ex-dividend date was Wednesday, March 12th. Pool's dividend payout ratio is 45.03%.

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.