Rothschild Asset Management Inc. increased its position in Pool Corporation (NASDAQ:POOL) by 11.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 112,987 shares of the specialty retailer’s stock after purchasing an additional 11,421 shares during the period. Rothschild Asset Management Inc. owned 0.28% of Pool Corporation worth $12,222,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Pacer Advisors Inc. grew its stake in Pool Corporation by 11.5% in the third quarter. Pacer Advisors Inc. now owns 6,316 shares of the specialty retailer’s stock worth $683,000 after purchasing an additional 650 shares during the period. Dynamic Technology Lab Private Ltd lifted its holdings in shares of Pool Corporation by 56.1% during the third quarter. Dynamic Technology Lab Private Ltd now owns 12,796 shares of the specialty retailer’s stock valued at $1,384,000 after purchasing an additional 4,599 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Pool Corporation by 15.4% during the third quarter. Ameriprise Financial Inc. now owns 561,597 shares of the specialty retailer’s stock valued at $60,693,000 after purchasing an additional 75,067 shares in the last quarter. Quantbot Technologies LP lifted its holdings in shares of Pool Corporation by 149.9% during the third quarter. Quantbot Technologies LP now owns 16,855 shares of the specialty retailer’s stock valued at $1,823,000 after purchasing an additional 10,111 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC lifted its holdings in shares of Pool Corporation by 74.9% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 975,690 shares of the specialty retailer’s stock valued at $105,541,000 after purchasing an additional 417,759 shares in the last quarter. 94.04% of the stock is currently owned by institutional investors.

Shares of Pool Corporation (NASDAQ:POOL) opened at $120.94 on Friday. The company has a market capitalization of $4,857.77, a price-to-earnings ratio of 31.58 and a beta of 0.96. The company has a current ratio of 2.61, a quick ratio of 1.03 and a debt-to-equity ratio of 2.64. Pool Corporation has a 1 year low of $97.25 and a 1 year high of $124.25.

Pool Corporation (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, October 19th. The specialty retailer reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.02. The business had revenue of $743.40 million during the quarter. Pool Corporation had a return on equity of 69.28% and a net margin of 6.19%. The business’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 $1.03 EPS. equities analysts forecast that Pool Corporation will post 4.07 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 28th. Shareholders of record on Wednesday, November 15th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Tuesday, November 14th. Pool Corporation’s payout ratio is 37.47%.

A number of analysts recently commented on POOL shares. Robert W. Baird upped their price objective on Pool Corporation from $125.00 to $131.00 and gave the company an “outperform” rating in a research report on Friday, October 20th. BidaskClub cut Pool Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, August 24th. Finally, Sidoti upgraded Pool Corporation from a “neutral” rating to a “buy” rating and upped their price objective for the company from $119.00 to $131.00 in a research report on Friday, September 15th. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $127.25.

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In related news, CEO De La Mesa Manuel J. Perez sold 47,628 shares of the stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $120.73, for a total transaction of $5,750,128.44. Following the completion of the sale, the chief executive officer now owns 61,708 shares in the company, valued at $7,450,006.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Harlan F. Seymour sold 15,502 shares of the stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $118.87, for a total value of $1,842,722.74. Following the sale, the director now owns 15,995 shares of the company’s stock, valued at approximately $1,901,325.65. The disclosure for this sale can be found here. Company insiders own 7.00% of the company’s stock.

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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