469,081 Shares in Hayward Holdings, Inc. (NYSE:HAYW) Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC bought a new stake in Hayward Holdings, Inc. (NYSE:HAYW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 469,081 shares of the company’s stock, valued at approximately $7,172,000. Los Angeles Capital Management LLC owned approximately 0.22% of Hayward at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Blue Trust Inc. grew its holdings in shares of Hayward by 2,710.1% during the third quarter. Blue Trust Inc. now owns 2,220 shares of the company’s stock worth $34,000 after purchasing an additional 2,141 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in Hayward during the 3rd quarter worth approximately $43,000. True Wealth Design LLC bought a new stake in Hayward during the 3rd quarter worth approximately $44,000. Harbor Investment Advisory LLC raised its stake in shares of Hayward by 98.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company’s stock valued at $78,000 after acquiring an additional 2,524 shares during the last quarter. Finally, KBC Group NV raised its stake in shares of Hayward by 56.2% during the fourth quarter. KBC Group NV now owns 6,343 shares of the company’s stock valued at $97,000 after acquiring an additional 2,283 shares during the last quarter.

Wall Street Analysts Forecast Growth

HAYW has been the subject of a number of recent research reports. Robert W. Baird increased their price objective on Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Stifel Nicolaus upgraded Hayward from a “hold” rating to a “buy” rating and set a $16.50 price target on the stock in a research report on Wednesday, February 5th. KeyCorp restated a “sector weight” rating on shares of Hayward in a research report on Monday, January 6th. Finally, The Goldman Sachs Group upped their target price on Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th.

Insider Activity

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

Hayward Stock Performance

Shares of HAYW opened at $14.36 on Thursday. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70. The firm’s fifty day simple moving average is $14.82 and its two-hundred day simple moving average is $15.07. Hayward Holdings, Inc. has a 12 month low of $11.96 and a 12 month high of $16.87. The stock has a market capitalization of $3.09 billion, a P/E ratio of 34.19, a price-to-earnings-growth ratio of 1.87 and a beta of 1.16.

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.