Pool Corporation (NASDAQ:POOL) was upgraded by research analysts at Sidoti from a “neutral” rating to a “buy” rating in a research note issued to investors on Friday, Marketbeat Ratings reports.

Other analysts also recently issued research reports about the company. Zacks Investment Research downgraded Pool Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. BidaskClub raised Pool Corporation from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 16th. Finally, Johnson Rice raised Pool Corporation from an “accumulate” rating to a “buy” rating in a research note on Monday, July 24th. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $125.67.

Shares of Pool Corporation (POOL) traded down 0.05% on Friday, reaching $104.99. The company’s stock had a trading volume of 577,578 shares. Pool Corporation has a 52-week low of $88.65 and a 52-week high of $124.26. The company has a market cap of $4.33 billion, a P/E ratio of 27.29 and a beta of 0.92. The company has a 50 day moving average price of $104.81 and a 200 day moving average price of $115.38.

Pool Corporation (NASDAQ:POOL) last issued its quarterly earnings data on Thursday, July 20th. The specialty retailer reported $2.21 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.24 by ($0.03). The business had revenue of $988.16 million for the quarter. Pool Corporation had a return on equity of 63.34% and a net margin of 6.15%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.98 earnings per share. On average, analysts anticipate that Pool Corporation will post $4.21 earnings per share for the current fiscal year.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Pool Corporation in the 2nd quarter valued at about $963,000. Wasatch Advisors Inc. raised its stake in shares of Pool Corporation by 10.1% in the 2nd quarter. Wasatch Advisors Inc. now owns 334,056 shares of the specialty retailer’s stock valued at $39,275,000 after purchasing an additional 30,643 shares during the period. Public Employees Retirement System of Ohio raised its stake in shares of Pool Corporation by 27.2% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 76,965 shares of the specialty retailer’s stock valued at $9,049,000 after purchasing an additional 16,455 shares during the period. Verition Fund Management LLC raised its stake in shares of Pool Corporation by 79.9% in the 2nd quarter. Verition Fund Management LLC now owns 7,554 shares of the specialty retailer’s stock valued at $888,000 after purchasing an additional 3,354 shares during the period. Finally, Ameritas Investment Partners Inc. raised its stake in shares of Pool Corporation by 2.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 12,374 shares of the specialty retailer’s stock valued at $1,455,000 after purchasing an additional 242 shares during the period. 92.29% of the stock is currently owned by hedge funds and other institutional investors.

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).

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