2 weeks Ago By Defense World Staff
American Century Companies Inc. raised its holdings in Latham Group, Inc. (NASDAQ:SWIM – Free Report) by 30.
1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 778,239 shares of the company’s stock after acquiring an additional 179,866 shares during the period. American Century Companies Inc.
owned approximately 0.67% of Latham Group worth $5,417,000 at the end of the most recent reporting period. A number of other large investors have also recently modified their holdings of the business.
FMR LLC lifted its holdings in shares of Latham Group by 75.9% in the 3rd quarter. FMR LLC now owns 7,239 shares of the company’s stock worth $49,000 after acquiring an additional 3,123 shares during the last quarter.
Quarry LP bought a new stake in Latham Group in the third quarter worth $53,000. Quadrature Capital Ltd purchased a new stake in Latham Group during the third quarter valued at about $72,000. US Bancorp DE grew its stake in shares of Latham Group by 29,902.
6% during the fourth quarter. US Bancorp DE now owns 11,701 shares of the company’s stock valued at $81,000 after buying an additional 11,662 shares during the last quarter. Finally, Arizona State Retirement System bought a new stake in shares of Latham Group in the 4th quarter valued at about $82,000.
Institutional investors own 83.95% of the company’s stock. Latham Group Price PerformanceShares of NASDAQ:SWIM opened at $5.
46 on Friday. The company has a market capitalization of $632.14 million, a PE ratio of 60.
67 and a beta of 1.84. The business has a fifty day moving average price of $6.
71 and a 200-day moving average price of $6.68. Latham Group, Inc.
has a 1-year low of $2.38 and a 1-year high of $8.41.
The company has a debt-to-equity ratio of 0.67, a current ratio of 2.44 and a quick ratio of 1.
60. Insider Buying and Selling at Latham GroupIn other Latham Group news, major shareholder Wc Partners Executive Iv, L.P.
sold 105,250 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $6.54, for a total transaction of $688,335.
00. Following the transaction, the insider now owns 332,818 shares in the company, valued at approximately $2,176,629.72.
This represents a 24.03 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Company insiders own 8.60% of the company’s stock. Analyst Upgrades and DowngradesA number of brokerages have commented on SWIM.
Stifel Nicolaus lifted their price target on Latham Group from $7.70 to $8.80 and gave the stock a “buy” rating in a research note on Wednesday, December 11th.
Craig Hallum began coverage on shares of Latham Group in a report on Monday, December 9th. They issued a “buy” rating and a $10.00 target price on the stock.
Finally, Robert W. Baird set a $8.50 price target on shares of Latham Group in a report on Wednesday, March 5th.
One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $7.66.
Check Out Our Latest Report on SWIMLatham Group Company Profile (Free Report)Latham Group, Inc designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools that include fiber glass and packaged pools; and pool covers and liners under the Latham, Narellan, CoverStar, Radiant, and GLI brand names.Read MoreFive stocks we like better than Latham GroupNYSE Stocks Give Investors a Variety of Quality Options Archer Aviation’s Africa Deal Could Boost ACHR StockWhat is a Special Dividend?Are Short Sellers Wrong About These 3 Semiconductor Stocks?About the Markup CalculatorBoeing Gets $50B in March Orders—Is BA Stock a Buy Now?Want to see what other hedge funds are holding SWIM? Visit HoldingsChannel.
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