Leslie’s, Inc. (NASDAQ:LESL) Holdings Raised by Fmr LLC

Fmr LLC lifted its stake in shares of Leslie’s, Inc. (NASDAQ:LESLFree Report) by 334.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,714 shares of the company’s stock after purchasing an additional 20,564 shares during the quarter. Fmr LLC’s holdings in Leslie’s were worth $84,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Ariel Investments LLC boosted its position in Leslie’s by 46.5% during the 2nd quarter. Ariel Investments LLC now owns 36,601,368 shares of the company’s stock worth $153,360,000 after acquiring an additional 11,618,490 shares during the period. Private Management Group Inc. grew its position in Leslie’s by 121.3% during the 3rd quarter. Private Management Group Inc. now owns 5,569,278 shares of the company’s stock worth $17,599,000 after purchasing an additional 3,052,539 shares in the last quarter. Squarepoint Ops LLC lifted its stake in Leslie’s by 1,300.5% in the 2nd quarter. Squarepoint Ops LLC now owns 1,187,916 shares of the company’s stock worth $4,977,000 after acquiring an additional 1,103,096 shares in the last quarter. Marshall Wace LLP increased its stake in Leslie’s by 477.4% in the 2nd quarter. Marshall Wace LLP now owns 1,110,404 shares of the company’s stock valued at $4,653,000 after buying an additional 918,084 shares during the period. Finally, Perpetual Ltd acquired a new stake in Leslie’s during the third quarter valued at $1,787,000.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on LESL shares. Telsey Advisory Group decreased their price objective on shares of Leslie’s from $4.00 to $3.75 and set a “market perform” rating for the company in a report on Tuesday, November 26th. William Blair reissued a “market perform” rating on shares of Leslie’s in a report on Tuesday, November 26th. Finally, Robert W. Baird lowered their price objective on Leslie’s from $4.00 to $3.50 and set a “neutral” rating on the stock in a research note on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $3.61.

Read Our Latest Stock Analysis on LESL

Leslie’s Price Performance

LESL opened at $2.18 on Tuesday. The stock has a market capitalization of $403.23 million, a P/E ratio of -18.17 and a beta of 1.12. The company’s 50 day simple moving average is $2.69 and its 200-day simple moving average is $3.11. Leslie’s, Inc. has a one year low of $2.02 and a one year high of $8.21.

Leslie’s (NASDAQ:LESLGet Free Report) last released its earnings results on Monday, November 25th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.09). The business had revenue of $397.90 million for the quarter, compared to analyst estimates of $405.19 million. Leslie’s had a negative return on equity of 6.11% and a negative net margin of 1.76%. Leslie’s’s revenue was down 8.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.14 EPS. As a group, analysts anticipate that Leslie’s, Inc. will post 0.14 EPS for the current year.

Leslie’s Profile

(Free Report)

Leslie’s, Inc operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It also offers various pool and spa maintenance items, such as chemicals, equipment and parts, cleaning and maintenance equipment, safety, recreational, and fitness related products.

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Institutional Ownership by Quarter for Leslie's (NASDAQ:LESL)

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