Weaver C. Barksdale Associates adds Pool Corporation (POOL) to its portfolio

Pool Corporation (POOL) : Weaver C. Barksdale Associates added new position in Pool Corporation during the most recent quarter end. The investment management firm now holds 30,532 shares of Pool Corporation which is valued at $2.7 Million according to a report filed by the company on Apr 5, 2016 with the SEC.Pool Corporation makes up approximately 2.05% of Weaver C. Barksdale Associates’s portfolio.

Other Hedge Funds, Including , Copper Rock Capital Partners added POOL to its portfolio by purchasing 308,233 company shares during the most recent quarter which is valued at $27.4 Million. Pool Corporation makes up approx 2.40% of Copper Rock Capital Partners’s portfolio.

On the company’s financial health, Pool Corporation reported $0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Feb 18, 2016. Analyst had a consensus of $-0.01. The company had revenue of $415.07 million for the quarter, compared to analysts expectations of $396.58 million. The company’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.05 EPS.

Pool Corporation closed down -0.48 points or -0.54% at $88.83 with 2,79,616 shares getting traded on Monday. Post opening the session at $89.76, the shares hit an intraday low of $88.78 and an intraday high of $90.11 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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. The Company operates approximately 328 sales centers in North America Europe South America and Australia through its four distribution networks: SCP Distributors (SCP); Superior Pool Products (Superior); Horizon Distributors (Horizon) and National Pool Tile (NPT). The Company’s product offerings also include building materials used for pool construction installations and remodeling such as concrete and pool surfacing and decking materials. The Company’s products include maintenance products repair and replacement parts for pool equipment packaged pool kits pool equipment and components for pool construction and irrigation and landscape products among others.

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