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Principal Financial Group Inc. Trims Stake in Pool Corporation $POOL
Principal Financial Group Inc. reduced its stake in Pool Corporation by 15.2% during the third quarter, now holding 41,332 shares valued at approximately $12.8 million. Institutional ownership of POOL remains high at nearly 99%, with various other institutional investors making significant changes to their positions. Analyst consensus on the stock is “Hold” with a target price of $308, although individual ratings and price targets vary.