Shares of Pool Corp. (NASDAQ:POOL) hit a new 52-week high on Friday . The stock traded as high as $97.15 and last traded at $96.99, with a volume of 112,922 shares changing hands. The stock had previously closed at $95.17.

Several brokerages recently weighed in on POOL. Zacks Investment Research downgraded shares of Pool Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, June 22nd. Robert W. Baird began coverage on shares of Pool Corp. in a research report on Monday, June 6th. They issued an “outperform” rating on the stock. Finally, KeyCorp reiterated a “buy” rating and issued a $94.00 price objective on shares of Pool Corp. in a research report on Wednesday, March 30th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $89.00.

The firm’s 50 day moving average is $91.13 and its 200 day moving average is $85.32. The stock has a market cap of $4.08 billion and a PE ratio of 31.21.

Pool Corp. (NASDAQ:POOL) last announced its earnings results on Thursday, April 21st. The company reported $0.38 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.13. During the same period last year, the firm posted $0.19 EPS. The company had revenue of $515.30 million for the quarter, compared to the consensus estimate of $482.67 million. The company’s revenue was up 14.4% compared to the same quarter last year. Analysts predict that Pool Corp. will post $3.38 earnings per share for the current year.

In related news, VP Romain Kenneth G. St sold 22,000 shares of the business’s stock in a transaction on Tuesday, April 26th. The shares were sold at an average price of $89.19, for a total transaction of $1,962,180.00. Following the transaction, the vice president now owns 101,617 shares of the company’s stock, valued at $9,063,220.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Arthur D. Cook sold 20,454 shares of the business’s stock in a transaction on Thursday, May 5th. The stock was sold at an average price of $88.00, for a total transaction of $1,799,952.00. Following the transaction, the vice president now directly owns 84,466 shares in the company, valued at approximately $7,433,008. The disclosure for this sale can be found here.

Other institutional investors recently made changes to their positions in the company. GSA Capital Partners LLP raised its position in shares of Pool Corp. by 405.5% in the fourth quarter. GSA Capital Partners LLP now owns 14,013 shares of the company’s stock worth $1,132,000 after buying an additional 11,241 shares during the period. Bank of Montreal Can raised its position in shares of Pool Corp. by 1.3% in the fourth quarter. Bank of Montreal Can now owns 22,285 shares of the company’s stock worth $1,800,000 after buying an additional 278 shares during the period. Numeric Investors LLC bought a new position in shares of Pool Corp. during the fourth quarter worth about $1,842,000. Sei Investments Co. raised its position in shares of Pool Corp. by 9.3% in the fourth quarter. Sei Investments Co. now owns 36,404 shares of the company’s stock worth $2,941,000 after buying an additional 3,089 shares during the period. Finally, First Trust Advisors LP raised its position in shares of Pool Corp. by 5.1% in the fourth quarter. First Trust Advisors LP now owns 46,596 shares of the company’s stock worth $3,764,000 after buying an additional 2,256 shares during the period.

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).

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