Hamilton Point Investment Advisors LLC Has $4.82 Million Stake in Pool Co. (NASDAQ:POOL)

Hamilton Point Investment Advisors LLC raised its stake in shares of Pool Co. (NASDAQ:POOL) by 11.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 14,149 shares of the specialty retailer’s stock after purchasing an additional 1,439 shares during the quarter. Hamilton Point Investment Advisors LLC’s holdings in Pool were worth $4,824,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Heritage Family Offices LLP grew its stake in Pool by 2.2% in the third quarter. Heritage Family Offices LLP now owns 1,278 shares of the specialty retailer’s stock valued at $482,000 after acquiring an additional 28 shares during the period. CWM LLC grew its position in shares of Pool by 3.7% in the 3rd quarter. CWM LLC now owns 777 shares of the specialty retailer’s stock valued at $293,000 after purchasing an additional 28 shares during the period. Empirical Finance LLC increased its stake in Pool by 3.7% during the 3rd quarter. Empirical Finance LLC now owns 1,103 shares of the specialty retailer’s stock worth $416,000 after purchasing an additional 39 shares in the last quarter. Second Line Capital LLC raised its holdings in Pool by 4.8% during the 3rd quarter. Second Line Capital LLC now owns 853 shares of the specialty retailer’s stock worth $322,000 after buying an additional 39 shares during the period. Finally, Sugarloaf Wealth Management LLC lifted its stake in Pool by 10.1% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 579 shares of the specialty retailer’s stock valued at $197,000 after buying an additional 53 shares in the last quarter. 98.99% of the stock is owned by institutional investors.

Pool Stock Up 1.1 %

POOL stock opened at $348.62 on Friday. Pool Co. has a twelve month low of $293.51 and a twelve month high of $422.73. The company has a market cap of $13.27 billion, a price-to-earnings ratio of 30.00, a P/E/G ratio of 1.93 and a beta of 1.03. 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 business has a 50 day moving average price of $354.77 and a two-hundred day moving average price of $356.55.

Wall Street Analysts Forecast Growth

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

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.