Universal Beteiligungs und Servicegesellschaft mbH Makes New $283,000 Investment in Hayward Holdings, Inc. (NYSE:HAYW)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Hayward Holdings, purchasing 20,351 shares valued at approximately $283,000.
• Hayward's latest quarterly results exceeded analyst expectations, reporting $0.24 EPS and revenue of $299.60 million, marking a 5.3% increase year-over-year.
• Insider trading activity includes CEO Kevin Holleran selling 60,571 shares for approximately $860,108, reducing his ownership by 8.85%.

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Hayward Holdings, Inc. (NYSE:HAYW - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 20,351 shares of the company's stock, valued at approximately $283,000.

Other large investors have also added to or reduced their stakes in the company. KBC Group NV lifted its position in shares of Hayward by 51.1% in the first quarter. KBC Group NV now owns 9,584 shares of the company's stock valued at $133,000 after acquiring an additional 3,241 shares in the last quarter. Principal Financial Group Inc. lifted its position in Hayward by 2.4% during the first quarter. Principal Financial Group Inc. now owns 706,002 shares of the company's stock worth $9,828,000 after buying an additional 16,522 shares in the last quarter. Cerity Partners LLC lifted its position in Hayward by 0.9% during the first quarter. Cerity Partners LLC now owns 99,195 shares of the company's stock worth $1,381,000 after buying an additional 869 shares in the last quarter. Deutsche Bank AG lifted its position in Hayward by 767.8% during the fourth quarter. Deutsche Bank AG now owns 89,346 shares of the company's stock worth $1,366,000 after buying an additional 79,050 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Hayward during the fourth quarter worth approximately $538,000.

Hayward Trading Down 0.2%

Hayward stock traded down $0.03 during trading on Wednesday, reaching $15.56. 4,664,775 shares of the company were exchanged, compared to its average volume of 1,913,873. Hayward Holdings, Inc. has a 52-week low of $11.10 and a 52-week high of $16.87. The company has a market capitalization of $3.37 billion, a P/E ratio of 26.82, a PEG ratio of 2.35 and a beta of 1.13. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.84 and a quick ratio of 2.06. The stock's 50 day simple moving average is $14.35 and its two-hundred day simple moving average is $14.04.

Hayward (NYSE:HAYW - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.02. Hayward had a return on equity of 11.07% and a net margin of 12.04%. The business had revenue of $299.60 million during the quarter, compared to analysts' expectations of $291.17 million. During the same period in the previous year, the firm posted $0.21 earnings per share. The company's revenue was up 5.3% on a year-over-year basis. On average, equities research analysts expect that Hayward Holdings, Inc. will post 0.6 earnings per share for the current fiscal year.

Insider Transactions at Hayward

In other news, CEO Kevin Holleran sold 60,571 shares of the business's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $15.27, for a total value of $924,919.17. Following the completion of the sale, the chief executive officer directly owned 623,540 shares of the company's stock, valued at approximately $9,521,455.80. The trade was a 8.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Eifion Jones sold 15,000 shares of the business's stock in a transaction dated Wednesday, July 30th. The shares were sold at an average price of $15.50, for a total value of $232,500.00. Following the completion of the transaction, the chief financial officer owned 287,231 shares in the company, valued at $4,452,080.50. This trade represents a 4.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 136,142 shares of company stock valued at $2,017,527 over the last ninety days. 5.06% of the stock is owned by company insiders.

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.