KeyBanc Capital Markets Gives Pool Corporation (NDAQ:POOL) a Lower Rating. Drops its Overweight Rating





August 26, 2017 – By Ellis Scott







Investors sentiment decreased to 0.89 in Q4 2016. Its down 0.21, from 1.1 in 2016Q3. It dived, as 35 investors sold Pool Corporation shares while 99 reduced holdings. 39 funds opened positions while 80 raised stakes. 36.93 million shares or 0.02% more from 36.92 million shares in 2016Q3 were reported.

Eulav Asset reported 0.5% of its portfolio in Pool Corporation (NASDAQ:POOL). 53,990 were reported by Putnam Investments Ltd. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Pool Corporation (NASDAQ:POOL) for 1,421 shares. Oak Ridge Investments Lc has invested 2.26% in Pool Corporation (NASDAQ:POOL). Bremer Tru National Association accumulated 2,820 shares or 0.08% of the stock. State Treasurer State Of Michigan has 0.01% invested in Pool Corporation (NASDAQ:POOL) for 16,600 shares. 52,488 are held by Secor Capital Advsr Limited Partnership. Canada Pension Plan Inv Board has 700 shares for 0% of their portfolio. Gotham Asset Mgmt Lc holds 76,024 shares or 0.1% of its portfolio. Ameriprise Fincl holds 308,268 shares. Princeton Alpha Mngmt Lp has 2,177 shares for 0.05% of their portfolio. Blackrock Japan Communications Ltd stated it has 0% in Pool Corporation (NASDAQ:POOL). Lord Abbett & Lc reported 0.11% in Pool Corporation (NASDAQ:POOL). Mesirow Financial Mgmt reported 190,826 shares. Atlanta Capital Co L L C has 402,792 shares for 0.27% of their portfolio.

Since March 1, 2017, it had 2 insider buys, and 6 sales for $14.37 million activity. PEREZ DE LA MESA MANUEL J sold $3.60 million worth of stock. 10,000 Pool Corporation (NASDAQ:POOL) shares with value of $1.19 million were sold by COOK ARTHUR D. WHALEN DAVID G bought $358 worth of stock or 3 shares. 50,000 shares valued at $5.95M were sold by SEXTON WILSON B on Monday, March 27. Joslin Mark W had sold 4,968 shares worth $582,498 on Wednesday, March 1.

Pool Corporation (NDAQ:POOL) Receives a Downgrade

Shares of EU-listed Pool Corporation (NDAQ:POOL) Have been downgraded by research professionals at KeyBanc Capital Markets. KeyBanc Capital Markets cut their rating for the $3.97 billion market cap company to a Sector Weight from their previous Overweight rating.

Investors sentiment decreased to 0.89 in Q4 2016. Its down 0.21, from 1.1 in 2016Q3. It dived, as 35 investors sold Pool Corporation shares while 99 reduced holdings. 39 funds opened positions while 80 raised stakes. 36.93 million shares or 0.02% more from 36.92 million shares in 2016Q3 were reported.

Eulav Asset reported 0.5% of its portfolio in Pool Corporation (NASDAQ:POOL). 53,990 were reported by Putnam Investments Ltd. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Pool Corporation (NASDAQ:POOL) for 1,421 shares. Oak Ridge Investments Lc has invested 2.26% in Pool Corporation (NASDAQ:POOL). Bremer Tru National Association accumulated 2,820 shares or 0.08% of the stock. State Treasurer State Of Michigan has 0.01% invested in Pool Corporation (NASDAQ:POOL) for 16,600 shares. 52,488 are held by Secor Capital Advsr Limited Partnership. Canada Pension Plan Inv Board has 700 shares for 0% of their portfolio. Gotham Asset Mgmt Lc holds 76,024 shares or 0.1% of its portfolio. Ameriprise Fincl holds 308,268 shares. Princeton Alpha Mngmt Lp has 2,177 shares for 0.05% of their portfolio. Blackrock Japan Communications Ltd stated it has 0% in Pool Corporation (NASDAQ:POOL). Lord Abbett & Lc reported 0.11% in Pool Corporation (NASDAQ:POOL). Mesirow Financial Mgmt reported 190,826 shares. Atlanta Capital Co L L C has 402,792 shares for 0.27% of their portfolio.

Since March 1, 2017, it had 2 insider buys, and 6 sales for $14.37 million activity. PEREZ DE LA MESA MANUEL J sold $3.60 million worth of stock. 10,000 Pool Corporation (NASDAQ:POOL) shares with value of $1.19 million were sold by COOK ARTHUR D. WHALEN DAVID G bought $358 worth of stock or 3 shares. 50,000 shares valued at $5.95M were sold by SEXTON WILSON B on Monday, March 27. Joslin Mark W had sold 4,968 shares worth $582,498 on Wednesday, March 1.

Pool Corporation (NASDAQ:POOL) Ratings Coverage

Among 2 analysts covering Pool Corporation (NDAQ:POOL), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pool Corporation has $130 highest and $128 lowest target. $129’s average target is 29.49% above currents $99.62 stock price. Pool Corporation had 2 analyst reports since February 17, 2017 according to SRatingsIntel. The rating was upgraded by Robert W. Baird to “Outperform” on Friday, February 17. As per Monday, February 27, the company rating was maintained by Wedbush.

The stock decreased 3.29% or $3.39 on August 25, reaching $99.62. About 788,252 shares traded or 106.96% up from the average. Pool Corporation (NDAQ:POOL) has risen 35.85% since August 26, 2016 and is uptrending. It has outperformed by 19.15% the S&P500.

Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The company has market cap of $3.97 billion. The Firm is a distributor of irrigation and landscape products in the United States. It has a 26.06 P/E ratio. 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 , Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT).

More news for Pool Corporation (NASDAQ:POOL) were recently published by: Nasdaq.com, which released: “Pool Rides on Solid Base Business, Seasonality Remains a Woe” on August 25, 2017. Nasdaq.com‘s article titled: “Pool Corporation (POOL) Ex-Dividend Date Scheduled for August 07, 2017” and published on August 04, 2017 is yet another important article.

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