Leslie’s, Inc. (NASDAQ:LESL) Holdings Boosted by ProShare Advisors LLC

ProShare Advisors LLC grew its stake in shares of Leslie’s, Inc. (NASDAQ:LESL) by 44.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,268 shares of the company’s stock after purchasing an additional 16,674 shares during the quarter. ProShare Advisors LLC’s holdings in Leslie’s were worth $121,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in LESL. Mariner LLC bought a new stake in shares of Leslie’s in the 4th quarter worth approximately $25,000. Ground Swell Capital LLC bought a new stake in Leslie’s in the fourth quarter valued at $32,000. Cibc World Markets Corp acquired a new position in shares of Leslie’s during the fourth quarter valued at $38,000. Gitterman Wealth Management LLC bought a new position in shares of Leslie’s during the fourth quarter worth about $41,000. Finally, Boothbay Fund Management LLC acquired a new stake in shares of Leslie’s in the 4th quarter worth about $41,000.

Leslie’s Trading Down 0.6%

Shares of Leslie’s stock opened at $0.75 on Tuesday. Leslie’s, Inc. has a 52 week low of $0.51 and a 52 week high of $6.01. The stock has a market cap of $138.86 million, a PE ratio of -4.99 and a beta of 1.32. The company’s 50-day moving average price is $0.70 and its two-hundred day moving average price is $1.48.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on LESL shares. Stifel Nicolaus raised shares of Leslie’s from a “sell” rating to a “hold” rating in a research note on Friday, April 25th. Morgan Stanley cut their target price on Leslie’s from $3.00 to $1.50 and set an “equal weight” rating on the stock in a research note on Monday, March 3rd. Robert W. Baird set a $3.00 price target on Leslie’s in a research report on Tuesday, February 4th. Bank of America cut Leslie’s from a “buy” rating to an “underperform” rating and decreased their price target for the stock from $2.65 to $1.40 in a research note on Tuesday, February 18th. Finally, Guggenheim restated a “neutral” rating on shares of Leslie’s in a research note on Friday, February 7th. One equities research analyst has rated the stock with a sell rating and eleven have given a hold rating to the company. According to MarketBeat, Leslie’s presently has a consensus rating of “Hold” and a consensus target price of $2.27.

About Leslie’s

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.