435,439 Shares in Leslie’s, Inc. $LESL Bought by Nuveen LLC

Nuveen LLC purchased a new stake in Leslie’s, Inc. (NASDAQ:LESL) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 435,439 shares of the company’s stock, valued at approximately $320,000. Nuveen LLC owned about 0.24% of Leslie’s as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LESL. Mariner LLC purchased a new stake in Leslie’s in the fourth quarter valued at about $25,000. Price T Rowe Associates Inc. MD raised its stake in Leslie’s by 10.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 112,796 shares of the company’s stock valued at $252,000 after buying an additional 11,025 shares during the last quarter. Northern Trust Corp raised its stake in Leslie’s by 0.4% in the fourth quarter. Northern Trust Corp now owns 2,092,559 shares of the company’s stock valued at $4,666,000 after buying an additional 7,417 shares during the last quarter. Algert Global LLC raised its stake in Leslie’s by 80.5% in the fourth quarter. Algert Global LLC now owns 340,920 shares of the company’s stock valued at $760,000 after buying an additional 152,080 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in Leslie’s in the fourth quarter valued at about $2,774,000.

Leslie’s Trading Up 1.1%

Shares of LESL opened at $0.35 on Friday. Leslie’s, Inc. has a 12 month low of $0.27 and a 12 month high of $3.63. The stock’s 50 day moving average is $0.39 and its two-hundred day moving average is $0.63. The firm has a market cap of $64.56 million, a P/E ratio of -0.77 and a beta of 1.27.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Loop Capital decreased their price target on Leslie’s from $4.00 to $1.00 and set a “hold” rating for the company in a research note on Friday, May 9th. Wall Street Zen upgraded Leslie’s to a “sell” rating in a research note on Saturday, July 26th. Telsey Advisory Group restated a “market perform” rating and issued a $0.35 price objective on shares of Leslie’s in a research note on Friday, August 22nd. Finally, Mizuho reduced their price objective on Leslie’s from $3.00 to $1.00 and set a “neutral” rating for the company in a research note on Thursday, July 3rd. Nine analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $1.60.

Leslie’s 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.