17,427 Shares in Pool Co. (NASDAQ:POOL) Acquired by Thematics Asset Management

Thematics Asset Management acquired a new position in Pool Co. (NASDAQ:POOL - Get Rating) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 17,427 shares of the specialty retailer's stock, valued at approximately $5,269,000.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Pool by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 4,424,510 shares of the specialty retailer's stock valued at $1,870,904,000 after buying an additional 12,654 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Pool by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 875,727 shares of the specialty retailer's stock valued at $264,324,000 after buying an additional 21,320 shares in the last quarter. Blair William & Co. IL increased its position in shares of Pool by 24.7% in the 4th quarter. Blair William & Co. IL now owns 689,597 shares of the specialty retailer's stock valued at $208,486,000 after buying an additional 136,460 shares in the last quarter. Premier Fund Managers Ltd increased its position in shares of Pool by 478.5% in the 4th quarter. Premier Fund Managers Ltd now owns 688,356 shares of the specialty retailer's stock valued at $40,974,000 after buying an additional 569,356 shares in the last quarter. Finally, Pictet Asset Management SA increased its position in shares of Pool by 6.5% in the 3rd quarter. Pictet Asset Management SA now owns 587,792 shares of the specialty retailer's stock valued at $187,041,000 after buying an additional 36,019 shares in the last quarter. Institutional investors own 98.15% of the company's stock.

In other news, General Counsel Jennifer M. Neil sold 2,333 shares of the company's stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $352.00, for a total transaction of $821,216.00. Following the transaction, the general counsel now directly owns 8,095 shares of the company's stock, valued at $2,849,440. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.00% of the stock is owned by insiders.

A number of equities analysts recently weighed in on POOL shares. Robert W. Baird reduced their target price on shares of Pool from $404.00 to $385.00 and set a "neutral" rating for the company in a research note on Wednesday, April 19th. Stifel Nicolaus reduced their price objective on shares of Pool from $340.00 to $320.00 in a research note on Monday, April 24th. Jefferies Financial Group increased their price objective on shares of Pool from $325.00 to $350.00 and gave the stock a "hold" rating in a research note on Monday, February 13th. Oppenheimer reduced their price objective on shares of Pool from $408.00 to $375.00 in a research note on Monday, April 24th. Finally, The Goldman Sachs Group raised their target price on shares of Pool from $375.00 to $425.00 and gave the company a "buy" rating in a research note on Friday, February 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $383.20.

POOL stock traded up $7.77 during trading on Tuesday, hitting $335.16. The company had a trading volume of 71,278 shares, compared to its average volume of 420,369. The business has a 50-day moving average of $337.73 and a 200-day moving average of $341.38. Pool Co. has a one year low of $278.10 and a one year high of $423.97. The stock has a market cap of $13.07 billion, a PE ratio of 19.48, a PEG ratio of 3.69 and a beta of 0.94. The company has a current ratio of 2.36, a quick ratio of 0.63 and a debt-to-equity ratio of 1.06.

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 31st. Stockholders of record on Wednesday, May 17th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.31%. This is a positive change from Pool's previous quarterly dividend of $1.00. The ex-dividend date was Tuesday, May 16th. Pool's dividend payout ratio is presently 26.17%.

Pool Corp. engages in the wholesale distribution of swimming pool supplies, equipment, and related leisure products. It also offers non-discretionary pool maintenance products such as chemicals and replacement parts, discretionary products like packaged pool kits, whole goods, irrigation, and landscape products, including a complete line of commercial and residential irrigation products and parts, power equipment for the professional landscape market, specialty products such as outdoor lighting, grills, and outdoor kitchen components, and golf irrigation and water management products.

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