Nissay Asset Management Corp Japan ADV Increases Stake in Pool Co. (POOL)

Nissay Asset Management Corp Japan ADV grew its holdings in Pool Co. (NASDAQ:POOL) by 28.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,630 shares of the specialty retailer’s stock after buying an additional 2,595 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Pool were worth $1,729,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in POOL. Atlanta Capital Management Co. L L C increased its stake in shares of Pool by 131.3% in the third quarter. Atlanta Capital Management Co. L L C now owns 768,102 shares of the specialty retailer’s stock valued at $128,181,000 after buying an additional 436,023 shares in the last quarter. Handelsbanken Fonder AB increased its stake in shares of Pool by 53.7% in the fourth quarter. Handelsbanken Fonder AB now owns 707,103 shares of the specialty retailer’s stock valued at $105,111,000 after buying an additional 247,103 shares in the last quarter. Artemis Investment Management LLP increased its stake in shares of Pool by 317.8% in the third quarter. Artemis Investment Management LLP now owns 240,628 shares of the specialty retailer’s stock valued at $40,168,000 after buying an additional 183,034 shares in the last quarter. Capital International Investors acquired a new stake in shares of Pool in the third quarter valued at $24,531,000. Finally, Morgan Stanley boosted its holdings in Pool by 175.9% in the third quarter. Morgan Stanley now owns 173,252 shares of the specialty retailer’s stock valued at $28,913,000 after acquiring an additional 110,457 shares during the last quarter. Institutional investors own 93.33% of the company’s stock.

Pool stock opened at $155.38 on Friday. The stock has a market capitalization of $6.15 billion, a P/E ratio of 27.65, a PEG ratio of 1.05 and a beta of 0.92. Pool Co. has a 12-month low of $135.76 and a 12-month high of $175.87. The company has a current ratio of 2.99, a quick ratio of 0.79 and a debt-to-equity ratio of 2.94.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, February 14th. The specialty retailer reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.03). The firm had revenue of $543.00 million during the quarter, compared to the consensus estimate of $551.58 million. Pool had a net margin of 7.82% and a return on equity of 80.86%. Pool’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 EPS. As a group, equities analysts predict that Pool Co. will post 6.18 earnings per share for the current fiscal year.

In other Pool news, CEO De La Mesa Manuel J. Perez sold 20,448 shares of the firm’s stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $162.28, for a total transaction of $3,318,301.44. Following the transaction, the chief executive officer now owns 69,001 shares in the company, valued at $11,197,482.28. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO De La Mesa Manuel J. Perez sold 10,300 shares of the firm’s stock in a transaction dated Thursday, November 29th. The stock was sold at an average price of $160.98, for a total value of $1,658,094.00. Following the transaction, the chief executive officer now owns 69,001 shares in the company, valued at approximately $11,107,780.98. The disclosure for this sale can be found here. 6.00% of the stock is owned by company insiders.

Several research firms recently issued reports on POOL. Robert W. Baird upgraded Pool from a “neutral” rating to an “outperform” rating in a report on Friday. Zacks Investment Research cut Pool from a “buy” rating to a “hold” rating in a report on Monday. ValuEngine cut Pool from a “buy” rating to a “hold” rating in a report on Friday, February 15th. Finally, BidaskClub cut Pool from a “buy” rating to a “hold” rating in a report on Wednesday, January 16th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Pool presently has a consensus rating of “Hold” and an average price target of $154.75.

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Pool Company Profile

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in North America, Europe, South America, and Australia. 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; packaged pool kits comprising walls, liners, braces, and coping for in-ground and above-ground pools; pool equipment and components for new pool construction and the remodeling of existing pools; and irrigation and landscape products consisting of irrigation system components, and professional lawn care equipment and supplies.

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Institutional Ownership by Quarter for Pool (NASDAQ:POOL)

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