Fifth Third Bancorp grew its holdings in Pool Co. (NASDAQ:POOL – Get Ranking) by 16.7% within the first quarter, based on its most up-to-date Type 13F submitting with the Securities & Change Fee. The institutional investor owned 976 shares of the specialty retailer’s inventory after buying a further 140 shares throughout the interval. Fifth Third Bancorp’s holdings in Pool have been price $413,000 as of its most up-to-date SEC submitting.
Different institutional buyers and hedge funds have additionally added to or diminished their stakes within the firm. Diversified Belief Co bought a brand new stake in shares of Pool throughout the fourth quarter price $303,000. Wedmont Non-public Capital bought a brand new stake in shares of Pool throughout the fourth quarter price $252,000. Spire Wealth Administration raised its holdings in shares of Pool by 5.6% throughout the fourth quarter. Spire Wealth Administration now owns 18,356 shares of the specialty retailer’s inventory price $10,420,000 after buying a further 976 shares within the final quarter. Kovack Advisors Inc. bought a brand new stake in shares of Pool throughout the fourth quarter price $226,000. Lastly, M&G Funding Administration Ltd. bought a brand new stake in shares of Pool throughout the fourth quarter price $936,000. Institutional buyers personal 91.88% of the corporate’s inventory.
In different Pool information, CEO Peter D. Arvan bought 500 shares of the enterprise’s inventory in a transaction on Wednesday, Could 18th. The inventory was bought at a median worth of $387.08 per share, for a complete transaction of $193,540.00. Following the completion of the acquisition, the chief govt officer now instantly owns 61,825 shares within the firm, valued at $23,931,221. The acquisition was disclosed in a doc filed with the SEC, which might be accessed via the SEC web site. Additionally, Director Martha S. Gervasi purchased 300 shares of the enterprise’s inventory in a transaction dated Friday, Could sixth. The inventory was bought at a median worth of $391.86 per share, with a complete worth of $117,558.00. Following the acquisition, the director now instantly owns 808 shares of the corporate’s inventory, valued at roughly $316,622.88. The disclosure for this buy might be discovered right here. 3.00% of the inventory is owned by firm insiders.
NASDAQ POOL opened at $387.63 on Friday. The corporate has a debt-to-equity ratio of 1.26, a fast ratio of 0.79 and a present ratio of two.50. The agency has a 50-day easy transferring common of $383.03 and a 200 day easy transferring common of $437.22. Pool Co. has a twelve month low of $324.14 and a twelve month excessive of $582.27. The inventory has a market cap of $15.53 billion, a PE ratio of 21.57, a PEG ratio of 1.97 and a beta of 0.92.
Pool (NASDAQ:POOL – Get Ranking) final launched its earnings outcomes on Thursday, April twenty first. The specialty retailer reported $4.41 earnings per share for the quarter, beating the consensus estimate of $3.06 by $1.35. Pool had a internet margin of 12.95% and a return on fairness of 69.76%. The enterprise had income of $1.41 billion throughout the quarter, in comparison with analysts’ expectations of $1.27 billion. Throughout the identical quarter final 12 months, the corporate earned $2.42 earnings per share. The agency’s income was up 33.2% on a year-over-year foundation. Analysis analysts forecast that Pool Co. will publish 18.47 earnings per share for the present fiscal 12 months.
The agency additionally just lately declared a quarterly dividend, which was paid on Friday, Could twenty seventh. Shareholders of report on Monday, Could sixteenth have been paid a dividend of $1.00 per share. It is a enhance from Pool’s earlier quarterly dividend of $0.80. The ex-dividend date was Friday, Could thirteenth. This represents a $4.00 dividend on an annualized foundation and a yield of 1.03%. Pool’s dividend payout ratio (DPR) is presently 22.26%.
A number of analysis corporations have commented on POOL. TheStreet raised shares of Pool from a “c+” ranking to a “b” ranking in a analysis report on Thursday, June 2nd. Longbow Analysis raised shares of Pool from a “impartial” ranking to a “purchase” ranking and set a $550.00 goal worth on the inventory in a analysis report on Tuesday, April nineteenth. Loop Capital lowered their goal worth on shares of Pool from $465.00 to $370.00 and set a “maintain” ranking on the inventory in a analysis report on Thursday, June twenty third. Stifel Nicolaus started protection on shares of Pool in a analysis report on Monday, April 4th. They set a “purchase” ranking and a $485.00 goal worth on the inventory. Lastly, Edward Jones assumed protection on shares of Pool in a analysis report on Tuesday, April twelfth. They set a “maintain” ranking on the inventory. 5 analysis analysts have rated the inventory with a maintain ranking and 6 have given a purchase ranking to the corporate. Primarily based on knowledge from MarketBeat.com, the corporate presently has a consensus ranking of “Reasonable Purchase” and a median worth goal of $496.00.
Pool Firm Profile (Get Ranking)
Pool Company distributes swimming pool provides, tools, and associated leisure merchandise in the USA and internationally. The corporate provides upkeep merchandise, together with chemical compounds, provides, and pool equipment; restore and substitute components for pool tools, similar to cleaners, filters, heaters, pumps, and lights; fiberglass swimming pools, and scorching tubs and packaged pool kits comprising partitions, liners, braces, and coping for in-ground and above-ground swimming pools; pool tools and parts for brand new pool development and the transforming of current swimming pools; and irrigation and associated merchandise consisting of irrigation system parts, {and professional} garden care tools and provides.
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