31,359 Shares in Hayward Holdings, Inc. (NYSE:HAYW) Acquired by Bryce Point Capital LLC

Bryce Point Capital LLC purchased a new stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 31,359 shares of the company’s stock, valued at approximately $479,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in HAYW. Trexquant Investment LP purchased a new position in Hayward in the 4th quarter worth $1,796,000. Geode Capital Management LLC lifted its holdings in shares of Hayward by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 2,239,573 shares of the company’s stock worth $34,255,000 after purchasing an additional 6,800 shares during the period. Wellington Management Group LLP boosted its position in Hayward by 4.4% in the fourth quarter. Wellington Management Group LLP now owns 1,388,287 shares of the company’s stock valued at $21,227,000 after buying an additional 59,017 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in Hayward by 525.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,295,833 shares of the company’s stock worth $50,393,000 after buying an additional 2,769,273 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its stake in Hayward by 50.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 24,556 shares of the company’s stock valued at $375,000 after acquiring an additional 8,195 shares during the period.

Hayward Stock Performance

Shares of HAYW stock opened at $12.21 on Friday. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70. Hayward Holdings, Inc. has a 12-month low of $11.54 and a 12-month high of $16.87. The business’s 50 day moving average is $14.30 and its two-hundred day moving average is $15.04. The company has a market capitalization of $2.64 billion, a P/E ratio of 29.07, a P/E/G ratio of 1.87 and a beta of 1.14.

Hayward (NYSE:HAYW) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $327.08 million for the quarter, compared to analysts’ expectations of $302.76 million. Hayward had a net margin of 9.47% and a return on equity of 9.93%. Analysts expect that Hayward Holdings, Inc. will post 0.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HAYW has been the subject of several recent research reports. Wolfe Research cut shares of Hayward from an “outperform” rating to a “peer perform” rating in a report on Thursday. Stifel Nicolaus raised Hayward from a “hold” rating to a “buy” rating and set a $16.50 price objective for the company in a report on Wednesday, February 5th. KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a report on Monday, January 6th. Finally, Robert W. Baird boosted their price target on Hayward from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Friday, February 28th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $17.13.

Insider Buying and Selling

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $12.52, for a total transaction of $626,000.00. Following the completion of the sale, the chief executive officer now directly owns 623,540 shares in the company, valued at approximately $7,806,720.80. The trade was a 7.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.25% of the company’s stock.

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.