Bleakley Financial Group LLC Raises Position in Leslie’s, Inc. (NASDAQ:LESL)

Bleakley Financial Group LLC lifted its stake in Leslie’s, Inc. (NASDAQ:LESL) by 8.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,524 shares of the company’s stock after purchasing an additional 7,298 shares during the period. Bleakley Financial Group LLC’s holdings in Leslie’s were worth $626,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of LESL. FMR LLC raised its stake in shares of Leslie’s by 463.1% in the first quarter. FMR LLC now owns 3,080 shares of the company’s stock worth $34,000 after buying an additional 2,533 shares during the period. Profund Advisors LLC bought a new stake in Leslie’s during the 3rd quarter worth approximately $58,000. Pathstone Family Office LLC purchased a new position in Leslie’s during the third quarter valued at approximately $69,000. Tower Research Capital LLC TRC boosted its position in shares of Leslie’s by 113.5% in the third quarter. Tower Research Capital LLC TRC now owns 4,697 shares of the company’s stock worth $69,000 after purchasing an additional 2,497 shares during the period. Finally, UBS Group AG increased its stake in shares of Leslie’s by 20.8% in the second quarter. UBS Group AG now owns 4,763 shares of the company’s stock worth $72,000 after purchasing an additional 820 shares in the last quarter.

Leslie’s Stock Performance

Shares of Leslie’s stock opened at $4.59 on Friday. The firm has a market cap of $846.90 million, a PE ratio of 45.90, a PEG ratio of 0.68 and a beta of 0.90. The stock has a 50 day moving average of $6.95 and a 200 day moving average of $6.24. Leslie’s, Inc. has a 12 month low of $4.36 and a 12 month high of $11.68.

Leslie’s (NASDAQ:LESL) last posted its earnings results on Thursday, February 1st. The company reported ($0.21) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.01. Leslie’s had a negative return on equity of 15.00% and a net margin of 1.25%. The firm had revenue of $173.96 million during the quarter, compared to the consensus estimate of $169.17 million. As a group, equities research analysts forecast that Leslie’s, Inc. will post 0.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

LESL has been the topic of several recent analyst reports. William Blair restated a “market perform” rating on shares of Leslie’s in a research report on Friday, February 2nd. Telsey Advisory Group reissued a “market perform” rating and set a $6.00 price target on shares of Leslie’s in a report on Friday, February 2nd. Mizuho assumed coverage on Leslie’s in a research note on Tuesday, March 19th. They issued a “neutral” rating and a $7.00 price objective for the company. Loop Capital increased their target price on Leslie’s from $6.00 to $8.00 and gave the stock a “hold” rating in a research report on Tuesday, March 5th. Finally, Stifel Nicolaus boosted their price target on Leslie’s from $5.40 to $6.30 and gave the stock a “hold” rating in a report on Friday, February 2nd. Ten analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $6.37.

Leslie’s Company Profile

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.