Lecap Asset Management Ltd. Buys New Holdings in Pool Co. (NASDAQ:POOL)

Lecap Asset Management Ltd. purchased a new position in Pool Co. (NASDAQ:POOL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,102 shares of the specialty retailer’s stock, valued at approximately $717,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. YANKCOM Partnership bought a new position in shares of Pool during the fourth quarter worth $61,000. Tyche Wealth Partners LLC bought a new position in shares of Pool during the 4th quarter valued at about $499,000. Choreo LLC grew its position in shares of Pool by 349.4% during the fourth quarter. Choreo LLC now owns 2,557 shares of the specialty retailer’s stock valued at $868,000 after purchasing an additional 1,988 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Pool by 27.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,395 shares of the specialty retailer’s stock worth $1,513,000 after purchasing an additional 954 shares during the last quarter. Finally, Y.D. More Investments Ltd lifted its position in shares of Pool by 720.0% in the fourth quarter. Y.D. More Investments Ltd now owns 1,230 shares of the specialty retailer’s stock worth $419,000 after buying an additional 1,080 shares in the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

POOL has been the subject of several research analyst reports. Robert W. Baird raised their price target on Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a report on Wednesday, October 16th. StockNews.com lowered shares of Pool from a “hold” rating to a “sell” rating in a report on Saturday. Wells Fargo & Company decreased their price target on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Stifel Nicolaus lifted their price objective on shares of Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Finally, Oppenheimer increased their price target on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Pool has a consensus rating of “Hold” and a consensus target price of $368.00.

Pool Price Performance

POOL stock opened at $331.71 on Friday. The company has a current ratio of 2.39, a quick ratio of 0.77 and a debt-to-equity ratio of 0.61. Pool Co. has a 12 month low of $293.51 and a 12 month high of $422.73. The stock has a market cap of $12.62 billion, a PE ratio of 28.55, a P/E/G ratio of 1.93 and a beta of 1.03. The company has a 50-day moving average price of $350.96 and a 200 day moving average price of $356.82.

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.