First National Bank of Omaha Acquires New Shares in Pool Corporation $POOL

First National Bank of Omaha bought a new position in shares of Pool Corporation (NASDAQ:POOL) during the 3rd quarter, Holdings Channel.com reports. The firm bought 7,014 shares of the specialty retailer’s stock, valued at approximately $2,175,000.

Several other institutional investors also recently bought and sold shares of the stock. Clearstead Trust LLC acquired a new position in shares of Pool during the 2nd quarter valued at about $25,000. Root Financial Partners LLC bought a new stake in Pool during the third quarter worth approximately $29,000. Chilton Capital Management LLC acquired a new position in Pool during the second quarter valued at approximately $30,000. CYBER HORNET ETFs LLC acquired a new position in Pool during the second quarter valued at approximately $30,000. Finally, MUFG Securities EMEA plc bought a new position in shares of Pool in the second quarter valued at approximately $33,000. 98.99% of the stock is currently owned by institutional investors.

Pool Stock Performance

POOL opened at $255.33 on Thursday. The stock’s 50 day simple moving average is $250.48 and its 200-day simple moving average is $275.83. The company has a current ratio of 2.57, a quick ratio of 0.87 and a debt-to-equity ratio of 0.76. The stock has a market cap of $9.51 billion, a PE ratio of 23.28, a P/E/G ratio of 4.50 and a beta of 1.22. Pool Corporation has a 1 year low of $226.10 and a 1 year high of $374.74.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Wells Fargo & Company upped their price objective on shares of Pool from $250.00 to $275.00 and gave the stock a “cautious” rating in a report on Wednesday, February 11th. Stifel Nicolaus decreased their price target on shares of Pool from $295.00 to $240.00 and set a “hold” rating for the company in a report on Tuesday, December 16th. The Goldman Sachs Group dropped their price objective on Pool from $360.00 to $310.00 and set a “buy” rating on the stock in a research note on Tuesday, January 13th. Cfra raised Pool from a “hold” rating to a “buy” rating and set a $304.00 price objective for the company in a research report on Monday, December 22nd. Finally, Robert W. Baird set a $320.00 target price on Pool and gave the company an “outperform” rating in a report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $311.13.

About Pool

Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation’s extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.

The company’s product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.