Janus Henderson Group PLC grew its holdings in Pool Corporation (NASDAQ:POOL) by 377.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 201,674 shares of the specialty retailer’s stock after acquiring an additional 159,391 shares during the period. Janus Henderson Group PLC owned about 0.49% of Pool Corporation worth $23,711,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in POOL. BlackRock Inc. lifted its position 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 worth $389,106,000 after buying an additional 3,234,733 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Pool Corporation by 4.2% in the first quarter. Vanguard Group Inc. now owns 3,172,624 shares of the specialty retailer’s stock worth $378,589,000 after buying an additional 126,641 shares in the last quarter. Congress Asset Management Co. MA lifted its position in shares of Pool Corporation by 24.0% in the second quarter. Congress Asset Management Co. MA now owns 632,525 shares of the specialty retailer’s stock worth $74,366,000 after buying an additional 122,244 shares in the last quarter. Eagle Asset Management Inc. lifted its position 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 worth $132,306,000 after buying an additional 111,250 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Pool Corporation by 25.5% in the second quarter. Ameriprise Financial Inc. now owns 486,530 shares of the specialty retailer’s stock worth $57,185,000 after buying an additional 98,828 shares in the last quarter. Institutional investors and hedge funds own 92.14% of the company’s stock.

WARNING: “Pool Corporation (POOL) Shares Bought by Janus Henderson Group PLC” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another site, it was stolen and reposted in violation of international trademark & copyright law. The original version of this news story can be read at https://www.thecerbatgem.com/2017/10/19/pool-corporation-pool-shares-bought-by-janus-henderson-group-plc.html.

A number of equities research analysts recently commented on the company. Zacks Investment Research upgraded Pool Corporation from a “hold” rating to a “buy” rating and set a $119.00 target price on the stock in a research report on Tuesday, July 25th. Johnson Rice upgraded Pool Corporation from an “accumulate” rating to a “buy” rating in a research report on Monday, July 24th. Sidoti upgraded Pool Corporation from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $119.00 to $131.00 in a research report on Friday, September 15th. Finally, BidaskClub downgraded Pool Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, August 24th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the stock. Pool Corporation currently has an average rating of “Buy” and an average target price of $127.00.

Shares of Pool Corporation (POOL) opened at 111.90 on Thursday. Pool Corporation has a 52 week low of $88.65 and a 52 week high of $124.26. The company has a market capitalization of $4.61 billion, a PE ratio of 29.09 and a beta of 0.92. The firm’s 50-day moving average price is $107.24 and its 200 day moving average price is $113.88.

Pool Corporation (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, July 20th. The specialty retailer reported $2.21 earnings per share for the quarter, missing the Zacks’ 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% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.98 earnings per share. Equities analysts predict that Pool Corporation will post $4.06 EPS for the current year.

About Pool Corporation

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)

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