Shares of Pool Corp. (NASDAQ:POOL) have been assigned an average rating of “Buy” from the seven analysts that are presently covering the company. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $99.50.

Several analysts recently commented on POOL shares. Zacks Investment Research raised Pool Corp. from a “hold” rating to a “buy” rating and set a $106.00 price objective for the company in a report on Monday, October 24th. Wedbush reissued an “outperform” rating and set a $109.00 price target on shares of Pool Corp. in a report on Friday, October 21st.

Several institutional investors have recently made changes to their positions in POOL. Price T Rowe Associates Inc. MD increased its position in shares of Pool Corp. by 12.7% in the third quarter. Price T Rowe Associates Inc. MD now owns 1,608,080 shares of the company’s stock valued at $151,996,000 after buying an additional 181,577 shares during the last quarter. BlackRock Fund Advisors increased its position in shares of Pool Corp. 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 last quarter. BlackRock Institutional Trust Company N.A. increased its position in shares of Pool Corp. 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 last quarter. Wells Fargo & Company MN increased its position in shares of Pool Corp. 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 last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC increased its position in shares of Pool Corp. by 1.6% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 749,280 shares of the company’s stock valued at $70,454,000 after buying an additional 12,119 shares during the last quarter. Institutional investors and hedge funds own 94.10% of the company’s stock.

Pool Corp. (NASDAQ:POOL) opened at 100.84 on Tuesday. The stock’s 50 day moving average price is $94.17 and its 200 day moving average price is $94.74. Pool Corp. has a 12 month low of $72.40 and a 12 month high of $102.86. The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of 29.31 and a beta of 0.90.

Pool Corp. (NASDAQ:POOL) last issued its quarterly earnings data on Thursday, October 20th. The company reported $1.03 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.01 by $0.02. Pool Corp. had a return on equity of 58.92% and a net margin of 5.86%. The company earned $691.40 million during the quarter, compared to analyst estimates of $693.02 million. During the same quarter in the previous year, the company posted $0.90 earnings per share. Pool Corp.’s revenue was up 7.1% compared to the same quarter last year. Equities research analysts anticipate that Pool Corp. will post $3.45 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 23rd. Stockholders of record on Wednesday, November 9th will be given a $0.31 dividend. The ex-dividend date is Monday, November 7th. This represents a $1.24 annualized dividend and a dividend yield of 1.23%. Pool Corp.’s payout ratio is 35.94%.

About Pool Corp.

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).

5 Day Chart for NASDAQ:POOL

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