Bryce Point Capital LLC purchased a new position in shares of Hayward Holdings, Inc. (NYSE:HAYW - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,359 shares of the company's stock, valued at approximately $479,000.
A number of other large investors have also recently added to or reduced their stakes in HAYW. Blue Trust Inc. lifted its stake in Hayward by 30.2% in the 4th quarter. Blue Trust Inc. now owns 2,891 shares of the company's stock valued at $44,000 after purchasing an additional 671 shares during the last quarter. Harbor Investment Advisory LLC lifted its position in shares of Hayward by 98.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company's stock valued at $78,000 after buying an additional 2,524 shares during the last quarter. KBC Group NV boosted its stake in shares of Hayward by 56.2% during the 4th quarter. KBC Group NV now owns 6,343 shares of the company's stock worth $97,000 after acquiring an additional 2,283 shares during the period. Pacer Advisors Inc. increased its holdings in shares of Hayward by 25.4% during the 4th quarter. Pacer Advisors Inc. now owns 10,196 shares of the company's stock worth $156,000 after acquiring an additional 2,062 shares during the last quarter. Finally, Oak Thistle LLC bought a new stake in Hayward in the 4th quarter valued at $162,000.
Hayward Price Performance
HAYW stock traded down $0.78 during trading on Thursday, reaching $11.63. 720,904 shares of the company were exchanged, compared to its average volume of 1,702,408. The company has a 50-day moving average of $13.97 and a two-hundred day moving average of $14.94. The company has a market capitalization of $2.51 billion, a price-to-earnings ratio of 27.65, a P/E/G ratio of 1.87 and a beta of 1.14. Hayward Holdings, Inc. has a twelve month low of $11.10 and a twelve month high of $16.87. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.69.
Hayward (NYSE:HAYW - Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.03. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The business had revenue of $327.08 million during the quarter, compared to analysts' expectations of $302.76 million. As a group, equities analysts predict that Hayward Holdings, Inc. will post 0.6 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms have commented on HAYW. Wolfe Research downgraded shares of Hayward from an "outperform" rating to a "peer perform" rating in a report on Thursday, April 3rd. Robert W. Baird raised their price objective on shares of Hayward from $17.00 to $18.00 and gave the stock a "neutral" rating in a research report on Friday, February 28th. Stifel Nicolaus raised Hayward from a "hold" rating to a "buy" rating and set a $16.50 target price on the stock in a research report on Wednesday, February 5th. Finally, KeyCorp reaffirmed a "sector weight" rating on shares of Hayward in a report on Monday, January 6th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $17.13.
Check Out Our Latest Stock Report on Hayward
Insider Activity at Hayward
In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the firm's stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of $12.52, for a total transaction of $626,000.00. Following the completion of the transaction, the chief executive officer now owns 623,540 shares in the company, valued at approximately $7,806,720.80. This trade represents a 7.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.25% of the stock is owned by company insiders.
About Hayward
(
Free Report)
Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.
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