Pacer Advisors Inc. Has $156,000 Position in Hayward Holdings, Inc. (NYSE:HAYW)

Pacer Advisors Inc. raised its position in Hayward Holdings, Inc. (NYSE:HAYW) by 25.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,196 shares of the company’s stock after acquiring an additional 2,062 shares during the quarter. Pacer Advisors Inc.’s holdings in Hayward were worth $156,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. WCM Investment Management LLC raised its position in shares of Hayward by 2.2% in the third quarter. WCM Investment Management LLC now owns 2,041,398 shares of the company’s stock valued at $31,152,000 after purchasing an additional 43,222 shares during the period. Geode Capital Management LLC raised its position in shares of Hayward by 8.0% in the third quarter. Geode Capital Management LLC now owns 2,232,773 shares of the company’s stock valued at $34,260,000 after purchasing an additional 165,369 shares during the period. State Street Corp raised its position in shares of Hayward by 8.5% in the third quarter. State Street Corp now owns 4,355,277 shares of the company’s stock valued at $66,810,000 after purchasing an additional 341,424 shares during the period. Principal Financial Group Inc. raised its position in shares of Hayward by 7.2% in the third quarter. Principal Financial Group Inc. now owns 668,396 shares of the company’s stock valued at $10,253,000 after purchasing an additional 44,978 shares during the period. Finally, MSD Capital L P bought a new position in shares of Hayward in the third quarter valued at about $418,901,000.

Insider Buying and Selling

In other Hayward news, CFO Eifion Jones sold 75,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $16.11, for a total value of $1,208,250.00. Following the transaction, the chief financial officer now directly owns 258,903 shares of the company’s stock, valued at $4,170,927.33. This trade represents a 22.46 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Kevin Holleran sold 50,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 522,799 shares in the company, valued at approximately $7,591,041.48. This represents a 8.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 225,000 shares of company stock valued at $3,530,250. 3.25% of the stock is owned by company insiders.

Hayward Price Performance

NYSE:HAYW opened at $14.25 on Wednesday. Hayward Holdings, Inc. has a 52 week low of $11.96 and a 52 week high of $16.87. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 33.92, a P/E/G ratio of 1.95 and a beta of 1.16. The firm’s 50-day simple moving average is $15.36 and its 200 day simple moving average is $15.00. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.69 and a current ratio of 2.62.

Analyst Ratings Changes

Several equities analysts have recently weighed in on HAYW shares. KeyCorp reissued a “sector weight” rating on shares of Hayward in a research report on Monday, January 6th. The Goldman Sachs Group increased their price objective on shares of Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Stifel Nicolaus raised their price target on shares of Hayward from $15.50 to $16.00 and gave the stock a “hold” rating in a research report on Monday, October 28th. Finally, Robert W. Baird raised their price target on shares of Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th.

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.