Pool Corp. (NASDAQ:POOL) shares reached a new 52-week high on Wednesday . The company traded as high as $101.57 and last traded at $101.07, with a volume of 96,211 shares trading hands. The stock had previously closed at $101.15.

A number of research firms recently weighed in on POOL. Zacks Investment Research raised shares of Pool Corp. from a “hold” rating to a “buy” rating and set a $110.00 target price for the company in a research report on Friday, July 22nd. Johnson Rice downgraded shares of Pool Corp. from a “buy” rating to an “accumulate” rating in a research report on Friday, July 15th. Robert W. Baird assumed coverage on shares of Pool Corp. in a research note on Monday, June 6th. They set an “outperform” rating for the company. Finally, KeyCorp restated a “buy” rating and set a $94.00 target price on shares of Pool Corp. in a research note on Wednesday, March 30th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Pool Corp. currently has an average rating of “Buy” and an average target price of $90.60.

The stock has a market capitalization of $4.27 billion and a P/E ratio of 30.84. The company’s 50-day moving average is $93.67 and its 200 day moving average is $86.97.

Pool Corp. (NASDAQ:POOL) last posted its earnings results on Thursday, July 21st. The company reported $1.98 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.93 by $0.05. During the same quarter in the previous year, the company earned $1.75 EPS. The firm earned $918.90 million during the quarter, compared to the consensus estimate of $904.82 million. The business’s revenue was up 7.9% compared to the same quarter last year. On average, equities analysts predict that Pool Corp. will post $3.44 earnings per share for the current fiscal year.

In related news, VP Arthur D. Cook sold 20,454 shares of the stock in a transaction dated Thursday, May 5th. The shares were sold at an average price of $88.00, for a total transaction of $1,799,952.00. Following the completion of the transaction, the vice president now owns 84,466 shares in the company, valued at $7,433,008. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Other institutional investors recently bought and sold shares of the company. GSA Capital Partners LLP raised its position in Pool Corp. by 405.5% in the fourth quarter. GSA Capital Partners LLP now owns 14,013 shares of the company’s stock valued at $1,132,000 after buying an additional 11,241 shares during the last quarter. 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 in the last quarter. State of Tennessee Treasury Department acquired a new position in shares of Pool Corp. during the fourth quarter worth $2,706,000. 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 in the last quarter. 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 in the last quarter.

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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