UBS Asset Management Americas Inc. increased its stake in Pool Corporation (NASDAQ:POOL) by 26.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,015 shares of the specialty retailer’s stock after acquiring an additional 6,496 shares during the period. UBS Asset Management Americas Inc. owned approximately 0.08% of Pool Corporation worth $3,646,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of Pool Corporation by 2.5% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 557,931 shares of the specialty retailer’s stock valued at $65,596,000 after acquiring an additional 13,478 shares in the last quarter. Eagle Asset Management Inc. boosted its holdings in shares of Pool Corporation by 11.0% in the second quarter. Eagle Asset Management Inc. now owns 1,125,341 shares of the specialty retailer’s stock valued at $132,306,000 after acquiring an additional 111,250 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. boosted its holdings in shares of Pool Corporation by 31.5% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 392,161 shares of the specialty retailer’s stock valued at $46,106,000 after acquiring an additional 93,917 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of Pool Corporation by 12,429.3% in the first quarter. BlackRock Inc. now owns 3,260,758 shares of the specialty retailer’s stock valued at $389,106,000 after acquiring an additional 3,234,733 shares in the last quarter. Finally, Handelsbanken Fonder AB boosted its holdings in shares of Pool Corporation by 10.6% in the second quarter. Handelsbanken Fonder AB now owns 385,000 shares of the specialty retailer’s stock valued at $45,264,000 after acquiring an additional 37,000 shares in the last quarter. Institutional investors and hedge funds own 92.14% of the company’s stock.

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POOL has been the subject of several recent analyst reports. BidaskClub upgraded shares of Pool Corporation from a “buy” rating to a “strong-buy” rating in a report on Friday, June 16th. Zacks Investment Research cut shares of Pool Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Johnson Rice upgraded shares of Pool Corporation from an “accumulate” rating to a “buy” rating in a report on Monday, July 24th. Finally, Sidoti upgraded shares of Pool Corporation from a “neutral” rating to a “buy” rating and increased their price objective for the company from $119.00 to $131.00 in a report on Friday, September 15th. One research analyst has rated the stock with a sell rating and five have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $127.00.

Pool Corporation (POOL) opened at 110.26 on Wednesday. The stock has a 50 day moving average of $105.48 and a 200 day moving average of $114.17. Pool Corporation has a 12-month low of $88.65 and a 12-month high of $124.26. The company has a market capitalization of $4.55 billion, a PE ratio of 28.66 and a beta of 0.92.

Pool Corporation (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, July 20th. The specialty retailer reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.24 by ($0.03). The company had revenue of $988.16 million during the quarter. Pool Corporation had a net margin of 6.15% and a return on equity of 63.34%. The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.98 EPS. On average, equities research analysts predict that Pool Corporation will post $4.11 EPS for the current year.

Pool Corporation Company Profile

Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company is a distributor of irrigation and landscape products in the United States. As of December 31, 2016, the Company operated 344 sales centers in North America, Europe, South America and Australia, through its four distribution networks, including SCP Distributors (SCP), Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT).

Institutional Ownership by Quarter for Pool Corporation (NASDAQ:POOL)

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