Union Bancaire Privee UBP SA Acquires Shares of 5,416 Pool Co. (NASDAQ:POOL)

Union Bancaire Privee UBP SA bought a new position in Pool Co. (NASDAQ:POOL) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 5,416 shares of the specialty retailer’s stock, valued at approximately $1,869,000.

Several other institutional investors and hedge funds also recently made changes to their positions in POOL. Brooklyn Investment Group bought a new stake in Pool in the 3rd quarter worth about $31,000. Wilmington Savings Fund Society FSB bought a new position in shares of Pool in the third quarter valued at approximately $60,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of Pool by 101.2% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer’s stock valued at $123,000 after acquiring an additional 164 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Pool by 24.8% during the third quarter. GAMMA Investing LLC now owns 402 shares of the specialty retailer’s stock worth $151,000 after acquiring an additional 80 shares during the period. Finally, Hilltop National Bank boosted its position in Pool by 18.1% in the fourth quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock worth $140,000 after purchasing an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Pool Price Performance

Pool stock opened at $360.03 on Tuesday. Pool Co. has a one year low of $293.51 and a one year high of $422.73. The business has a fifty day moving average price of $355.68 and a 200-day moving average price of $356.54. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77. The firm has a market capitalization of $13.70 billion, a P/E ratio of 30.98, a PEG ratio of 2.02 and a beta of 1.03.

Pool Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a $1.20 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.33%. Pool’s dividend payout ratio (DPR) is currently 41.31%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. StockNews.com lowered Pool from a “hold” rating to a “sell” rating in a research report on Sunday, January 19th. Wells Fargo & Company raised their price objective on shares of Pool from $330.00 to $370.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. Loop Capital boosted their target price on shares of Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Oppenheimer increased their target price on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. Finally, Stifel Nicolaus lifted their price target on shares of Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $369.25.

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.