Pool Co. (NASDAQ:POOL) CEO De La Mesa Manuel J. Perez sold 30,000 shares of the business’s stock in a transaction on Friday, March 17th. The shares were sold at an average price of $119.99, for a total transaction of $3,599,700.00. Following the completion of the sale, the chief executive officer now directly owns 61,651 shares in the company, valued at $7,397,503.49. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Pool Co. (NASDAQ:POOL) traded down 0.31% during midday trading on Monday, reaching $120.58. 161,748 shares of the company’s stock traded hands. Pool Co. has a 52-week low of $83.85 and a 52-week high of $121.31. The company has a 50 day moving average of $113.37 and a 200 day moving average of $102.80. The firm has a market cap of $4.96 billion, a PE ratio of 34.75 and a beta of 0.88.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, February 16th. The company reported $0.06 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.06. Pool had a net margin of 5.86% and a return on equity of 59.21%. The company earned $445.20 million during the quarter. During the same quarter last year, the company earned $0.06 earnings per share. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. On average, equities analysts predict that Pool Co. will post $4.11 EPS for the current fiscal year.

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

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 29th. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Monday, March 13th. Pool’s dividend payout ratio (DPR) is presently 35.94%.

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Large investors have recently bought and sold shares of the company. BlackRock Fund Advisors boosted its stake in Pool by 4.0% in the third quarter. BlackRock Fund Advisors now owns 1,550,758 shares of the company’s stock valued at $146,578,000 after buying an additional 58,972 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in Pool by 2.0% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,265,881 shares of the company’s stock valued at $119,651,000 after buying an additional 24,350 shares during the period. FMR LLC boosted its stake in Pool by 18.0% in the fourth quarter. FMR LLC now owns 1,089,287 shares of the company’s stock valued at $113,656,000 after buying an additional 165,935 shares during the period. Wells Fargo & Company MN boosted its stake in Pool by 19.1% in the third quarter. Wells Fargo & Company MN now owns 941,818 shares of the company’s stock valued at $89,019,000 after buying an additional 150,853 shares during the period. Finally, Eagle Asset Management Inc. boosted its stake in Pool by 12.1% in the third quarter. Eagle Asset Management Inc. now owns 742,495 shares of the company’s stock valued at $70,180,000 after buying an additional 80,153 shares during the period. Institutional investors own 91.32% of the company’s stock.

Several equities research analysts recently commented on POOL shares. Zacks Investment Research raised shares of Pool from a “hold” rating to a “buy” rating and set a $117.00 price objective on the stock in a research report on Thursday, December 8th. Wedbush reiterated an “outperform” rating and issued a $128.00 price target (up from $120.00) on shares of Pool in a research note on Monday, February 27th. Finally, Robert W. Baird upgraded shares of Pool from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $103.00 to $130.00 in a research note on Friday, February 17th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $117.25.

About Pool

Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company is also a distributor of irrigation and landscape products in the United States. The Company operates over 340 sales centers in North America, Europe, South America and Australia through its over four distribution networks, such as SCP Distributors (SCP), Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT).

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