Venturi Wealth Management LLC Has $383,000 Stock Holdings in Pool Co. (NASDAQ:POOL)

Venturi Wealth Management LLC raised its stake in Pool Co. (NASDAQ:POOL) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,122 shares of the specialty retailer’s stock after buying an additional 43 shares during the period. Venturi Wealth Management LLC’s holdings in Pool were worth $383,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in POOL. International Assets Investment Management LLC lifted its stake in shares of Pool by 37,863.6% in the 3rd quarter. International Assets Investment Management LLC now owns 137,808 shares of the specialty retailer’s stock valued at $51,926,000 after acquiring an additional 137,445 shares during the last quarter. Versor Investments LP acquired a new position in Pool in the 3rd quarter worth about $720,000. Parnassus Investments LLC raised its position in Pool by 3.5% in the third quarter. Parnassus Investments LLC now owns 204,730 shares of the specialty retailer’s stock valued at $77,142,000 after purchasing an additional 6,987 shares during the last quarter. L. Roy Papp & Associates LLP acquired a new stake in shares of Pool during the fourth quarter valued at about $653,000. Finally, National Bank of Canada FI grew its holdings in shares of Pool by 46.6% during the third quarter. National Bank of Canada FI now owns 15,576 shares of the specialty retailer’s stock worth $5,869,000 after purchasing an additional 4,954 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Wells Fargo & Company dropped 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 raised their price target 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. StockNews.com upgraded shares of Pool from a “sell” rating to a “hold” rating in a report on Thursday. Oppenheimer increased their price objective on Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Finally, Stifel Nicolaus lifted their target price on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $368.00.

Pool Price Performance

POOL stock opened at $344.32 on Friday. The company has a quick ratio of 0.77, a current ratio of 2.39 and a debt-to-equity ratio of 0.61. The firm has a market cap of $13.10 billion, a price-to-earnings ratio of 29.63, a PEG ratio of 1.95 and a beta of 1.03. The company’s fifty day simple moving average is $343.85 and its 200 day simple moving average is $355.66. Pool Co. has a 12-month low of $293.51 and a 12-month high of $422.73.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.08. Pool had a return on equity of 31.89% and a net margin of 8.42%. On average, analysts expect that Pool Co. will post 11.1 earnings per share for the current year.

Pool Company 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.