Janus Henderson Group PLC Purchases 1,034 Shares of Pool Co. (NASDAQ:POOL)

Janus Henderson Group PLC grew its stake in Pool Co. (NASDAQ:POOL) by 28.3% in the third quarter, HoldingsChannel.com reports. The fund owned 4,694 shares of the specialty retailer’s stock after acquiring an additional 1,034 shares during the period. Janus Henderson Group PLC’s holdings in Pool were worth $1,768,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC increased 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. Toronto Dominion Bank increased its stake in shares of Pool by 16.1% in the 2nd quarter. Toronto Dominion Bank now owns 13,369 shares of the specialty retailer’s stock valued at $4,109,000 after acquiring an additional 1,858 shares during the last quarter. Torray Investment Partners LLC increased its stake in shares of Pool by 16.8% in the 2nd quarter. Torray Investment Partners LLC now owns 14,128 shares of the specialty retailer’s stock valued at $4,342,000 after acquiring an additional 2,034 shares during the last quarter. Versor Investments LP bought a new stake in shares of Pool in the 3rd quarter valued at about $720,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Pool by 477.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,238 shares of the specialty retailer’s stock valued at $3,761,000 after acquiring an additional 10,118 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

Pool Trading Down 1.6 %

NASDAQ POOL opened at $369.54 on Friday. The company has a market cap of $14.06 billion, a PE ratio of 31.80, a PEG ratio of 2.26 and a beta of 1.01. 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 50 day moving average of $367.77 and a 200-day moving average of $353.01.

Pool (NASDAQ:POOL) last released its quarterly earnings data on Thursday, October 24th. The specialty retailer reported $3.26 EPS for the quarter, beating the consensus estimate of $3.15 by $0.11. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.40 billion. Pool had a return on equity of 31.89% and a net margin of 8.42%. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.50 EPS. On average, equities research analysts anticipate that Pool Co. will post 11.02 EPS for the current fiscal year.

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend was Wednesday, November 13th. Pool’s dividend payout ratio (DPR) is presently 41.31%.

Analysts Set New Price Targets

A number of brokerages have recently commented on POOL. Robert W. Baird upped their price target on Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research note on Wednesday, October 16th. Wells Fargo & Company boosted their price objective on Pool from $330.00 to $370.00 and gave the company an “equal weight” rating in a research report on Monday, October 7th. StockNews.com upgraded Pool from a “sell” rating to a “hold” rating in a research report on Saturday, November 2nd. Stifel Nicolaus boosted their price objective on Pool from $335.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, October 28th. Finally, Oppenheimer boosted their price objective on Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $369.25.

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.