43,487 Shares in Hayward Holdings, Inc. (NYSE:HAYW) Bought by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. acquired a new stake in Hayward Holdings, Inc. (NYSE:HAYW) during the fourth quarter, HoldingsChannel reports. The firm acquired 43,487 shares of the company’s stock, valued at approximately $665,000.

A number of other institutional investors and hedge funds have also made changes to their positions in HAYW. Algert Global LLC purchased a new position in shares of Hayward during the second quarter worth about $186,000. CWM LLC grew its stake in shares of Hayward by 8,877.3% in the 3rd quarter. CWM LLC now owns 32,049 shares of the company’s stock valued at $492,000 after purchasing an additional 31,692 shares during the last quarter. Birch Hill Investment Advisors LLC acquired a new position in shares of Hayward in the third quarter valued at approximately $596,000. Blue Trust Inc. raised its stake 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. Finally, Jade Capital Advisors LLC acquired a new stake in shares of Hayward during the third quarter worth $2,301,000.

Analyst Upgrades and Downgrades

Several research firms have recently commented on HAYW. The Goldman Sachs Group raised 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. Stifel Nicolaus upgraded shares of Hayward from a “hold” rating to a “buy” rating and set a $16.50 price objective for the company in a research report on Wednesday. KeyCorp reiterated a “sector weight” rating on shares of Hayward in a research report on Monday, January 6th. Finally, Robert W. Baird raised their price target on Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th.

Insiders Place Their Bets

In other 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 transaction of $726,000.00. Following the completion of the sale, the chief executive officer now owns 522,799 shares of the company’s stock, valued at approximately $7,591,041.48. This trade represents a 8.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.25% of the stock is owned by company insiders.

Hayward Trading Down 3.6 %

NYSE HAYW opened at $14.16 on Friday. The firm has a market capitalization of $3.05 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 1.95 and a beta of 1.16. 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 one year low of $11.96 and a one year high of $16.87. The company’s 50 day moving average price is $15.26 and its 200 day moving average price is $15.01.

Hayward 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.