Savant Capital LLC bought a new stake in Hayward Holdings, Inc. (NYSE:HAYW - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 67,185 shares of the company's stock, valued at approximately $1,027,000.
A number of other hedge funds have also modified their holdings of the business. MSD Capital L P acquired a new stake in shares of Hayward in the third quarter valued at about $418,901,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased 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 worth $86,476,000 after purchasing an additional 878,705 shares during the last quarter. Victory Capital Management Inc. increased its position in Hayward by 0.6% during the third quarter. Victory Capital Management Inc. now owns 5,123,240 shares of the company's stock worth $78,591,000 after purchasing an additional 32,514 shares during the last quarter. State Street Corp increased its position in Hayward by 8.5% during the third 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 during the last quarter. Finally, Jennison Associates LLC increased its position in Hayward by 6.3% during the fourth quarter. Jennison Associates LLC now owns 3,380,867 shares of the company's stock worth $51,693,000 after purchasing an additional 201,116 shares during the last quarter.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on HAYW. Stifel Nicolaus raised 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 reaffirmed a "sector weight" rating on shares of Hayward in a research note on Monday, January 6th. The Goldman Sachs Group increased their target price on shares of Hayward from $14.00 to $16.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 30th. Finally, Robert W. Baird increased their target price on shares of Hayward from $19.00 to $20.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 30th.
Get Our Latest Research Report on HAYW
Insider Activity
In related news, CEO Kevin Holleran sold 50,000 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $14.52, for a total value 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. This trade represents a 8.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.25% of the company's stock.
Hayward Stock Down 0.1 %
Shares of NYSE HAYW traded down $0.02 during midday trading on Tuesday, hitting $14.49. The company's stock had a trading volume of 264,596 shares, compared to its average volume of 1,507,398. The business's fifty day simple moving average is $15.06 and its two-hundred day simple moving average is $15.06. 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 Holdings, Inc. has a 1 year low of $11.96 and a 1 year high of $16.87. The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of 34.46, a price-to-earnings-growth ratio of 1.90 and a beta of 1.16.
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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