Birch Hill Investment Advisors LLC Purchases 305,038 Shares of Hayward Holdings, Inc. (NYSE:HAYW)

Birch Hill Investment Advisors LLC boosted its position in Hayward Holdings, Inc. (NYSE:HAYW) by 784.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 343,918 shares of the company’s stock after buying an additional 305,038 shares during the quarter. Birch Hill Investment Advisors LLC’s holdings in Hayward were worth $5,259,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Blue Trust Inc. boosted its stake in 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 acquiring an additional 2,141 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in shares of Hayward during the third quarter valued at approximately $43,000. True Wealth Design LLC purchased a new stake in shares of Hayward in the 3rd quarter worth approximately $44,000. Harbor Investment Advisory LLC increased its position in Hayward by 98.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company’s stock valued at $78,000 after buying an additional 2,524 shares in the last quarter. Finally, KBC Group NV grew its stake in shares of Hayward by 56.2% in the fourth quarter. KBC Group NV now owns 6,343 shares of the company’s stock worth $97,000 after acquiring an additional 2,283 shares during the last quarter.

Hayward Trading Down 3.6 %

Shares of HAYW stock opened at $14.16 on Friday. The stock has a market capitalization of $3.05 billion, a P/E ratio of 33.70, a P/E/G ratio of 1.90 and a beta of 1.16. 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 50 day moving average is $15.26 and its 200 day moving average is $15.02. Hayward Holdings, Inc. has a 12-month low of $11.96 and a 12-month high of $16.87.

Insider Buying and Selling

In other news, CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction 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 transaction, the chief executive officer now owns 522,799 shares in the company, valued at $7,591,041.48. This trade represents a 8.73 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.25% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on HAYW shares. Robert W. Baird lifted their price target on Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. The Goldman Sachs Group increased their price target on shares of Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a report 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 report on Wednesday. Finally, KeyCorp reiterated a “sector weight” rating on shares of Hayward in a research note on Monday, January 6th.

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.