Leslie’s, Inc. (NASDAQ:LESL) Shares Bought by New York State Common Retirement Fund

New York State Common Retirement Fund increased its holdings in shares of Leslie’s, Inc. (NASDAQ:LESL) by 57.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 238,407 shares of the company’s stock after purchasing an additional 86,634 shares during the quarter. New York State Common Retirement Fund owned 0.13% of Leslie’s worth $1,647,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Natixis Advisors L.P. grew its position in shares of Leslie’s by 49.0% during the third quarter. Natixis Advisors L.P. now owns 942,946 shares of the company’s stock worth $5,337,000 after buying an additional 309,911 shares in the last quarter. DAVENPORT & Co LLC grew its stake in Leslie’s by 26.6% in the fourth quarter. DAVENPORT & Co LLC now owns 4,018,954 shares of the company’s stock worth $27,771,000 after purchasing an additional 845,615 shares in the last quarter. Dark Forest Capital Management LP bought a new stake in Leslie’s in the third quarter valued at about $534,000. Principal Financial Group Inc. raised its stake in Leslie’s by 16.6% during the third quarter. Principal Financial Group Inc. now owns 990,389 shares of the company’s stock valued at $5,606,000 after buying an additional 140,932 shares in the last quarter. Finally, Ariel Investments LLC lifted its holdings in Leslie’s by 50.6% during the 3rd quarter. Ariel Investments LLC now owns 24,987,417 shares of the company’s stock worth $141,429,000 after buying an additional 8,398,488 shares during the last quarter.

Leslie’s Price Performance

Shares of Leslie’s stock opened at $5.19 on Friday. Leslie’s, Inc. has a 1-year low of $3.79 and a 1-year high of $11.68. The business’s fifty day moving average price is $5.76 and its two-hundred day moving average price is $6.12. The company has a market capitalization of $957.61 million, a P/E ratio of 51.91, a PEG ratio of 0.73 and a beta of 1.06.

Analyst Upgrades and Downgrades

LESL has been the topic of several research analyst reports. William Blair restated a “market perform” rating on shares of Leslie’s in a research note on Friday, February 2nd. Telsey Advisory Group reaffirmed a “market perform” rating and set a $6.00 price objective on shares of Leslie’s in a research report on Thursday. Mizuho cut their target price on shares of Leslie’s from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday. Stifel Nicolaus upped their target price on Leslie’s from $5.40 to $6.30 and gave the company a “hold” rating in a report on Friday, February 2nd. Finally, Loop Capital boosted their price objective on Leslie’s from $6.00 to $8.00 and gave the company a “hold” rating in a research report on Tuesday, March 5th. Ten analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Leslie’s presently has a consensus rating of “Hold” and a consensus target price of $6.26.

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.