Thrivent Financial for Lutherans Sells 2,152 Shares of Pool Corporation $POOL

Thrivent Financial for Lutherans decreased its holdings in shares of Pool Corporation (NASDAQ:POOL) by 8.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 22,702 shares of the specialty retailer’s stock after selling 2,152 shares during the period. Thrivent Financial for Lutherans’ holdings in Pool were worth $7,040,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of POOL. Clearstead Trust LLC bought a new position in Pool in the 2nd quarter valued at $25,000. Root Financial Partners LLC purchased a new stake in shares of Pool during the third quarter valued at $29,000. CYBER HORNET ETFs LLC bought a new stake in Pool during the 2nd quarter valued at about $30,000. Chilton Capital Management LLC bought a new stake in Pool during the 2nd quarter valued at about $30,000. Finally, MUFG Securities EMEA plc purchased a new stake in Pool in the 2nd quarter valued at about $33,000. 98.99% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on POOL shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a report on Monday, December 29th. Cfra raised Pool from a “hold” rating to a “buy” rating and set a $304.00 target price for the company in a research report on Monday, December 22nd. William Blair reissued a “market perform” rating on shares of Pool in a research report on Wednesday, October 15th. Robert W. Baird set a $320.00 price target on Pool and gave the company an “outperform” rating in a research note on Monday, January 12th. Finally, The Goldman Sachs Group decreased their price objective on Pool from $360.00 to $310.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $308.00.

Pool Stock Down 1.1%

Shares of NASDAQ POOL opened at $257.54 on Friday. Pool Corporation has a 12-month low of $226.10 and a 12-month high of $374.74. The stock’s fifty day simple moving average is $246.32 and its two-hundred day simple moving average is $279.26. The stock has a market capitalization of $9.59 billion, a PE ratio of 23.48, a price-to-earnings-growth ratio of 4.58 and a beta of 1.22. The company has a current ratio of 2.57, a quick ratio of 0.87 and a debt-to-equity ratio of 0.76.

About Pool

Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation’s extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.

The company’s product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.