Parametric Portfolio Associates LLC Sells 3,772 Shares of Pool Corporation (POOL)

Parametric Portfolio Associates LLC lessened its holdings in shares of Pool Corporation (NASDAQ:POOL) by 3.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 100,367 shares of the specialty retailer’s stock after selling 3,772 shares during the period. Parametric Portfolio Associates LLC owned 0.24% of Pool Corporation worth $11,800,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Pool Corporation by 2.5% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 557,931 shares of the specialty retailer’s stock valued at $65,596,000 after buying an additional 13,478 shares during the last quarter. Eagle Asset Management Inc. grew its position in shares of Pool Corporation by 11.0% during the 2nd quarter. Eagle Asset Management Inc. now owns 1,125,341 shares of the specialty retailer’s stock valued at $132,306,000 after buying an additional 111,250 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. grew its position in shares of Pool Corporation by 31.5% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 392,161 shares of the specialty retailer’s stock valued at $46,106,000 after buying an additional 93,917 shares during the last quarter. BlackRock Inc. grew its position in shares of Pool Corporation by 12,429.3% during the 1st quarter. BlackRock Inc. now owns 3,260,758 shares of the specialty retailer’s stock valued at $389,106,000 after buying an additional 3,234,733 shares during the last quarter. Finally, Handelsbanken Fonder AB grew its position in shares of Pool Corporation by 10.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 385,000 shares of the specialty retailer’s stock valued at $45,264,000 after buying an additional 37,000 shares during the last quarter. 92.14% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently weighed in on the stock. BidaskClub raised shares of Pool Corporation from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 16th. Zacks Investment Research downgraded shares of Pool Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Johnson Rice raised shares of Pool Corporation from an “accumulate” rating to a “buy” rating in a research report on Monday, July 24th. Finally, Sidoti raised shares of Pool Corporation from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $119.00 to $131.00 in a research report on Friday, September 15th. One analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $127.00.

TRADEMARK VIOLATION WARNING: This report was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://ledgergazette.com/2017/10/11/parametric-portfolio-associates-llc-sells-3772-shares-of-pool-corporation-pool.html.

Pool Corporation (NASDAQ:POOL) opened at 110.26 on Wednesday. The company has a market cap of $4.55 billion, a PE ratio of 28.66 and a beta of 0.92. The firm has a 50-day moving average of $105.48 and a 200 day moving average of $114.17. Pool Corporation has a 52-week low of $88.65 and a 52-week high of $124.26.

Pool Corporation (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, July 20th. The specialty retailer reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.24 by ($0.03). Pool Corporation had a net margin of 6.15% and a return on equity of 63.34%

Other large investors have also made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Pool Corporation by 2.5% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 557,931 shares of the specialty retailer’s stock valued at $65,596,000 after buying an additional 13,478 shares during the last quarter. Eagle Asset Management Inc. grew its position in shares of Pool Corporation by 11.0% during the 2nd quarter. Eagle Asset Management Inc. now owns 1,125,341 shares of the specialty retailer’s stock valued at $132,306,000 after buying an additional 111,250 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. grew its position in shares of Pool Corporation by 31.5% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 392,161 shares of the specialty retailer’s stock valued at $46,106,000 after buying an additional 93,917 shares during the last quarter. BlackRock Inc. grew its position in shares of Pool Corporation by 12,429.3% during the 1st quarter. BlackRock Inc. now owns 3,260,758 shares of the specialty retailer’s stock valued at $389,106,000 after buying an additional 3,234,733 shares during the last quarter. Finally, Handelsbanken Fonder AB grew its position in shares of Pool Corporation by 10.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 385,000 shares of the specialty retailer’s stock valued at $45,264,000 after buying an additional 37,000 shares during the last quarter. 92.14% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently weighed in on the stock. BidaskClub raised shares of Pool Corporation from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 16th. Zacks Investment Research downgraded shares of Pool Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Johnson Rice raised shares of Pool Corporation from an “accumulate” rating to a “buy” rating in a research report on Monday, July 24th. Finally, Sidoti raised shares of Pool Corporation from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $119.00 to $131.00 in a research report on Friday, September 15th. One analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $127.00.

TRADEMARK VIOLATION WARNING: This report was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://ledgergazette.com/2017/10/11/parametric-portfolio-associates-llc-sells-3772-shares-of-pool-corporation-pool.html.

Pool Corporation (NASDAQ:POOL) opened at 110.26 on Wednesday. The company has a market cap of $4.55 billion, a PE ratio of 28.66 and a beta of 0.92. The firm has a 50-day moving average of $105.48 and a 200 day moving average of $114.17. Pool Corporation has a 52-week low of $88.65 and a 52-week high of $124.26.

Pool Corporation (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, July 20th. The specialty retailer reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.24 by ($0.03). Pool Corporation had a net margin of 6.15% and a return on equity of 63.34%. The firm had revenue of $988.16 million for the quarter. During the same period in the prior year, the company earned $1.98 earnings per share. The firm’s revenue was up 7.5% compared to the same quarter last year. Equities research analysts expect that Pool Corporation will post $4.11 earnings per share for the current fiscal year.

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).

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Institutional Ownership by Quarter for Pool Corporation (NASDAQ:POOL)

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