Pool Corporation (POOL) : Tiger Eye Capital added new position in Pool Corporation during the most recent quarter end. The investment management firm now holds 306,469 shares of Pool Corporation which is valued at $30,705,129 , the company said in a statement filed on Aug 12, 2016 with the SEC.Pool Corporation makes up approximately 4.13% of Tiger Eye Capital’s portfolio.
Other Hedge Funds, Including , Jefferies Group added POOL to its portfolio by purchasing 7,610 company shares during the most recent quarter which is valued at $762,446. Pool Corporation makes up approx 0.03% of Jefferies Group’s portfolio. Princeton Alpha Management Lp added POOL to its portfolio by purchasing 8,117 company shares during the most recent quarter which is valued at $811,213. Pool Corporation makes up approx 0.14% of Princeton Alpha Management Lp’s portfolio. Cable Hill Partners added POOL to its portfolio by purchasing 79 company shares during the most recent quarter which is valued at $7,895. Pool Corporation makes up approx 0.01% of Cable Hill Partners’s portfolio.Gsa Capital Partners Llp reduced its stake in POOL by selling 9,400 shares or 77.69% in the most recent quarter. The Hedge Fund company now holds 2,700 shares of POOL which is valued at $269,838. Pool Corporation makes up approx 0.01% of Gsa Capital Partners Llp’s portfolio. Ibm Retirement Fund added POOL to its portfolio by purchasing 4,077 company shares during the most recent quarter which is valued at $409,005. Pool Corporation makes up approx 0.01% of Ibm Retirement Fund’s portfolio.
Pool Corporation opened for trading at $101.07 and hit $102.15 on the upside on Monday, eventually ending the session at $101.8, with a gain of 0.46% or 0.47 points. The heightened volatility saw the trading volume jump to 1,05,501 shares. Company has a market cap of $4,280 M.
On the company’s financial health, Pool Corporation reported $1.98 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $1.93. The company had revenue of $918.90 million for the quarter, compared to analysts expectations of $904.02 million. The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.75 EPS.
Many Wall Street Analysts have commented on Pool Corporation. Pool Corporation was Downgraded by Johnson Rice to ” Accumulate” on Jul 15, 2016.
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 Companys product offerings also include building materials used for pool construction installations and remodeling such as concrete and pool surfacing and decking materials. The Companys 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.