Soltis Investment Advisors LLC Sells 145 Shares of Pool Co. (NASDAQ:POOL)

Soltis Investment Advisors LLC trimmed its stake in Pool Co. (NASDAQ:POOL) by 13.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 953 shares of the specialty retailer’s stock after selling 145 shares during the period. Soltis Investment Advisors LLC’s holdings in Pool were worth $325,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Apollon Wealth Management LLC increased its stake in shares of Pool by 7.4% in the fourth quarter. Apollon Wealth Management LLC now owns 1,539 shares of the specialty retailer’s stock worth $525,000 after purchasing an additional 106 shares in the last quarter. Lecap Asset Management Ltd. bought a new position in shares of Pool in the fourth quarter worth about $717,000. YANKCOM Partnership purchased a new stake in shares of Pool during the fourth quarter worth about $61,000. Tyche Wealth Partners LLC bought a new stake in Pool during the 4th quarter valued at approximately $499,000. Finally, Choreo LLC lifted its holdings in Pool by 349.4% in the 4th quarter. Choreo LLC now owns 2,557 shares of the specialty retailer’s stock worth $868,000 after purchasing an additional 1,988 shares in the last quarter. 98.99% of the stock is owned by institutional investors.

Pool Price Performance

Pool stock opened at $336.35 on Wednesday. The company has a current ratio of 2.39, a quick ratio of 0.77 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $12.80 billion, a PE ratio of 28.95, a price-to-earnings-growth ratio of 1.92 and a beta of 1.03. Pool Co. has a 12-month low of $293.51 and a 12-month high of $422.73. The firm has a 50-day moving average price of $348.42 and a 200-day moving average price of $356.74.

Analysts Set New Price Targets

POOL has been the subject of a number of research analyst reports. Wells Fargo & Company cut their price objective on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a report on Tuesday, February 4th. Loop Capital increased their target price on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Oppenheimer raised their target price on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Stifel Nicolaus increased their price objective on shares of Pool from $335.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, October 28th. Finally, StockNews.com downgraded shares of Pool from a “hold” rating to a “sell” rating in a report on Saturday. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $368.00.

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.