Quadrature Capital Ltd Purchases Shares of 13,169 Hayward Holdings, Inc. (NYSE:HAYW)

Quadrature Capital Ltd bought a new position in Hayward Holdings, Inc. (NYSE:HAYW) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 13,169 shares of the company’s stock, valued at approximately $179,000.

Several other large investors have also recently made changes to their positions in HAYW. Vanguard Group Inc. increased its holdings in shares of Hayward by 16.0% in the third quarter. Vanguard Group Inc. now owns 13,536,985 shares of the company’s stock worth $190,871,000 after purchasing an additional 1,871,680 shares during the last quarter. Public Employees Retirement Association of Colorado increased its holdings in shares of Hayward by 4,616.3% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 853,267 shares of the company’s stock worth $11,604,000 after purchasing an additional 835,175 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Hayward by 24.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,419,859 shares of the company’s stock worth $46,511,000 after purchasing an additional 662,795 shares during the last quarter. Schonfeld Strategic Advisors LLC increased its holdings in shares of Hayward by 70.3% in the third quarter. Schonfeld Strategic Advisors LLC now owns 1,497,810 shares of the company’s stock worth $21,119,000 after purchasing an additional 618,282 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in shares of Hayward in the third quarter worth about $8,611,000.

Hayward Stock Up 1.4 %

Shares of NYSE:HAYW opened at $12.30 on Friday. Hayward Holdings, Inc. has a 1 year low of $9.80 and a 1 year high of $16.04. The business has a 50 day simple moving average of $13.87 and a two-hundred day simple moving average of $13.62. The firm has a market capitalization of $2.64 billion, a PE ratio of 34.17, a price-to-earnings-growth ratio of 1.67 and a beta of 1.26. The company has a debt-to-equity ratio of 0.82, a current ratio of 3.37 and a quick ratio of 2.34.

Hayward (NYSE:HAYW) last announced its earnings results on Thursday, May 2nd. The company reported $0.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.07. Hayward had a return on equity of 9.46% and a net margin of 8.25%. The business had revenue of $212.57 million during the quarter, compared to analyst estimates of $207.33 million. On average, equities analysts predict that Hayward Holdings, Inc. will post 0.57 EPS for the current year.

Wall Street Analyst Weigh In

HAYW has been the subject of several recent research reports. Stifel Nicolaus lifted their price target on Hayward from $13.50 to $14.50 and gave the stock a “hold” rating in a research report on Tuesday, March 5th. The Goldman Sachs Group lifted their price target on Hayward from $12.00 to $15.00 and gave the stock a “neutral” rating in a research report on Monday, March 4th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, Hayward has an average rating of “Hold” and a consensus price target of $14.70.

Insider Activity at Hayward

In related news, CEO Kevin Holleran sold 42,857 shares of the business’s stock in a transaction that occurred on Wednesday, April 17th. The stock was sold at an average price of $13.34, for a total value of $571,712.38. Following the completion of the sale, the chief executive officer now owns 522,799 shares in the company, valued at $6,974,138.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders sold 190,000 shares of company stock worth $2,715,458. Company 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.