Fox Run Management L.L.C. Invests $378,000 in Hayward Holdings, Inc. (NYSE:HAYW)

Fox Run Management L.L.C. acquired a new position in Hayward Holdings, Inc. (NYSE:HAYW - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 24,731 shares of the company's stock, valued at approximately $378,000.

Other institutional investors have also recently made changes to their positions in the company. MSD Capital L P acquired a new stake in Hayward during the 3rd quarter worth about $418,901,000. American Century Companies Inc. grew its holdings in Hayward by 31.2% during the fourth quarter. American Century Companies Inc. now owns 6,109,632 shares of the company's stock worth $93,416,000 after acquiring an additional 1,453,282 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Hayward by 18.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,637,305 shares of the company's stock valued at $86,476,000 after acquiring an additional 878,705 shares in the last quarter. BBR Partners LLC acquired a new position in Hayward in the fourth quarter valued at approximately $67,399,000. Finally, State Street Corp boosted its position in Hayward by 8.5% in the 3rd quarter. State Street Corp now owns 4,355,277 shares of the company's stock worth $66,810,000 after purchasing an additional 341,424 shares in the last quarter.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Stifel Nicolaus upgraded shares of Hayward from a "hold" rating to a "buy" rating and set a $16.50 target price for the company in a research note on Wednesday, February 5th. KeyCorp reiterated a "sector weight" rating on shares of Hayward in a research report on Monday, January 6th. Finally, Robert W. Baird raised their target price on Hayward from $17.00 to $18.00 and gave the company a "neutral" rating in a research report on Friday, February 28th.

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Insiders Place Their Bets

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $14.52, for a total transaction of $726,000.00. Following the sale, the chief executive officer now owns 522,799 shares of the company's stock, valued at $7,591,041.48. The trade was a 8.73 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.25% of the stock is owned by company insiders.

Hayward Price Performance

Hayward stock traded down $0.27 during trading on Friday, reaching $13.74. The company had a trading volume of 1,679,066 shares, compared to its average volume of 1,643,439. The firm has a market capitalization of $2.97 billion, a PE ratio of 32.72, a price-to-earnings-growth ratio of 1.87 and a beta of 1.16. The firm's 50-day simple moving average is $14.49 and its 200 day simple moving average is $15.05. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.69 and a current ratio of 2.62. Hayward Holdings, Inc. has a 1-year low of $11.96 and a 1-year high of $16.87.

Hayward (NYSE:HAYW - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03. Hayward had a net margin of 9.47% and a return on equity of 9.93%. The business had revenue of $327.08 million for the quarter, compared to analyst estimates of $302.76 million. As a group, equities research analysts anticipate that Hayward Holdings, Inc. will post 0.6 earnings per share for the current fiscal year.

Hayward Company Profile

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.