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

A number of equities analysts recently issued reports on POOL shares. Zacks Investment Research cut shares of Pool Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, June 22nd. Johnson Rice cut shares of Pool Corp. from a “buy” rating to an “accumulate” rating in a research note on Friday, July 15th. Finally, Robert W. Baird started coverage on shares of Pool Corp. in a research note on Monday, June 6th. They issued an “outperform” rating on the stock. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $90.60.

The company has a market cap of $4.27 billion and a price-to-earnings ratio of 30.91. The stock’s 50-day moving average is $94.25 and its 200-day moving average is $87.18.

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

In other news, insider Mark W. Joslin sold 7,500 shares of the firm’s stock in a transaction on Tuesday, July 26th. The stock was sold at an average price of $100.85, for a total transaction of $756,375.00. Following the transaction, the insider now owns 127,859 shares in the company, valued at $12,894,580.15. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Arthur D. Cook sold 20,454 shares of the firm’s stock in a transaction on Thursday, May 5th. The shares were sold at an average price of $88.00, for a total value of $1,799,952.00. Following the transaction, the vice president now owns 84,466 shares in the company, valued at approximately $7,433,008. The disclosure for this sale can be found here.

Several institutional investors have recently made changes to their positions in POOL. 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 valued at $1,132,000 after buying an additional 11,241 shares in 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 valued at $1,800,000 after buying an additional 278 shares in the last quarter. State of Tennessee Treasury Department purchased a new position in shares of Pool Corp. during the fourth quarter valued at approximately $2,706,000. 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 valued at $3,764,000 after buying an additional 2,256 shares in the last quarter. Finally, New York State Common Retirement Fund raised its position in shares of Pool Corp. by 2.7% in the fourth quarter. New York State Common Retirement Fund now owns 56,642 shares of the company’s stock valued at $4,576,000 after buying an additional 1,500 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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