Pool Co. (NASDAQ:POOL) insider Arthur D. Cook sold 10,000 shares of the business’s stock in a transaction dated Thursday, August 30th. The shares were sold at an average price of $164.11, for a total value of $1,641,100.00. Following the completion of the sale, the insider now directly owns 65,357 shares of the company’s stock, valued at $10,725,737.27. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

POOL stock traded up $1.91 during trading on Tuesday, hitting $166.17. The company had a trading volume of 150,100 shares, compared to its average volume of 210,527. The stock has a market capitalization of $6.63 billion, a PE ratio of 41.52 and a beta of 0.86. Pool Co. has a 1-year low of $100.32 and a 1-year high of $168.27. The company has a quick ratio of 1.15, a current ratio of 2.64 and a debt-to-equity ratio of 2.03.

Pool (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, July 19th. The specialty retailer reported $2.80 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.88 by ($0.08). The company had revenue of $1.06 billion during the quarter. Pool had a net margin of 7.69% and a return on equity of 82.52%. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.21 EPS. analysts expect that Pool Co. will post 5.54 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 28th. Investors of record on Tuesday, August 14th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend was Monday, August 13th. Pool’s dividend payout ratio (DPR) is presently 45.11%.

Hedge funds have recently modified their holdings of the stock. NumerixS Investment Technologies Inc increased its position in Pool by 57.1% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 1,100 shares of the specialty retailer’s stock worth $167,000 after purchasing an additional 400 shares during the period. Bank of Hawaii acquired a new position in Pool during the 1st quarter worth approximately $201,000. Natixis acquired a new position in Pool during the 2nd quarter worth approximately $211,000. Northwest Bancshares Inc. acquired a new position in Pool during the 1st quarter worth approximately $209,000. Finally, Commerce Bank acquired a new position in Pool during the 1st quarter worth approximately $219,000. Hedge funds and other institutional investors own 93.99% of the company’s stock.

Several equities analysts recently issued reports on the company. BidaskClub cut Pool from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 25th. Berenberg Bank assumed coverage on Pool in a research report on Wednesday, June 20th. They issued a “hold” rating and a $157.00 price target on the stock. Zacks Investment Research upgraded Pool from a “hold” rating to a “buy” rating and set a $169.00 price target on the stock in a research report on Friday, July 6th. ValuEngine upgraded Pool from a “hold” rating to a “buy” rating in a research report on Monday, June 18th. Finally, Robert W. Baird cut Pool from an “outperform” rating to a “neutral” rating and set a $131.00 price target on the stock. in a research report on Tuesday, July 3rd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $149.60.

About Pool

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.

Read More: Relative Strength Index

Insider Buying and Selling by Quarter for Pool (NASDAQ:POOL)

Receive News & Ratings for Pool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pool and related companies with MarketBeat.com's FREE daily email newsletter.