Sepio Capital LP Has $634,000 Position in Pool Co. (NASDAQ:POOL)

Sepio Capital LP cut its stake in shares of Pool Co. (NASDAQ:POOL) by 5.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,591 shares of the specialty retailer’s stock after selling 88 shares during the quarter. Sepio Capital LP’s holdings in Pool were worth $634,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in POOL. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Pool during the 4th quarter valued at approximately $28,000. Stuart Chaussee & Associates Inc. grew its holdings in shares of Pool by 250.0% during the 4th quarter. Stuart Chaussee & Associates Inc. now owns 77 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 55 shares during the last quarter. CVA Family Office LLC bought a new stake in shares of Pool during the 4th quarter valued at approximately $34,000. Lindbrook Capital LLC grew its holdings in Pool by 73.7% during the 4th quarter. Lindbrook Capital LLC now owns 99 shares of the specialty retailer’s stock worth $39,000 after acquiring an additional 42 shares during the last quarter. Finally, Huntington National Bank grew its holdings in Pool by 96.7% during the 3rd quarter. Huntington National Bank now owns 118 shares of the specialty retailer’s stock worth $42,000 after acquiring an additional 58 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Pool news, General Counsel Jennifer M. Neil sold 1,100 shares of the company’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $401.00, for a total transaction of $441,100.00. Following the transaction, the general counsel now owns 8,622 shares in the company, valued at $3,457,422. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 3.00% of the company’s stock.

Pool Stock Down 0.7 %

Shares of Pool stock traded down $2.63 during trading on Friday, reaching $362.46. 243,351 shares of the company traded hands, compared to its average volume of 315,219. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.88 and a quick ratio of 0.56. Pool Co. has a 1-year low of $307.77 and a 1-year high of $422.73. The company has a 50 day moving average price of $381.24 and a 200-day moving average price of $379.08. The firm has a market capitalization of $13.89 billion, a PE ratio of 28.36, a P/E/G ratio of 3.78 and a beta of 1.01.

Pool (NASDAQ:POOL) last released its earnings results on Thursday, April 25th. The specialty retailer reported $1.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.87 by ($0.02). Pool had a net margin of 9.17% and a return on equity of 35.49%. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the previous year, the firm earned $2.46 EPS. The firm’s revenue was down 7.1% on a year-over-year basis. As a group, equities research analysts expect that Pool Co. will post 13.02 earnings per share for the current fiscal year.

Pool Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 30th. Shareholders of record on Thursday, May 16th will be issued a dividend of $1.20 per share. This is an increase from Pool’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $4.80 annualized dividend and a yield of 1.32%. Pool’s dividend payout ratio is presently 37.56%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Oppenheimer reduced their target price on shares of Pool from $436.00 to $416.00 and set an “outperform” rating on the stock in a report on Monday, April 29th. TheStreet lowered shares of Pool from a “b” rating to a “c+” rating in a report on Thursday, February 22nd. Finally, Stifel Nicolaus dropped their price target on shares of Pool from $370.00 to $360.00 and set a “hold” rating on the stock in a research report on Monday, April 29th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $391.80.

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.