Victory Capital Management Inc. Acquires 3,947 Shares of Leslie’s, Inc. (NASDAQ:LESL)

Victory Capital Management Inc. grew its holdings in Leslie’s, Inc. (NASDAQ:LESL) by 6.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,449 shares of the company’s stock after acquiring an additional 3,947 shares during the period. Victory Capital Management Inc.’s holdings in Leslie’s were worth $438,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Profund Advisors LLC bought a new stake in Leslie’s in the third quarter worth $58,000. Pathstone Family Office LLC acquired a new position in shares of Leslie’s during the 3rd quarter valued at about $69,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of Leslie’s in the 3rd quarter valued at approximately $74,000. Blueshift Asset Management LLC acquired a new stake in Leslie’s in the 3rd quarter worth approximately $87,000. Finally, Syntax Advisors LLC bought a new stake in Leslie’s during the third quarter worth approximately $97,000.

Analysts Set New Price Targets

A number of analysts have recently weighed in on LESL shares. Stifel Nicolaus boosted their price objective on shares of Leslie’s from $5.40 to $6.30 and gave the stock a “hold” rating in a research note on Friday, February 2nd. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $6.00 price target on shares of Leslie’s in a research report on Thursday, May 9th. Mizuho dropped their price objective on Leslie’s from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, May 9th. William Blair restated a “market perform” rating on shares of Leslie’s in a research note on Friday, February 2nd. Finally, Loop Capital lifted their price target on Leslie’s from $6.00 to $8.00 and gave the stock a “hold” rating in a research report on Tuesday, March 5th. Ten analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Leslie’s has a consensus rating of “Hold” and a consensus target price of $6.26.

Leslie’s Trading Up 1.8 %

Shares of NASDAQ:LESL opened at $5.11 on Friday. The business’s 50 day moving average is $5.23 and its 200-day moving average is $6.13. The firm has a market capitalization of $944.02 million, a PE ratio of 63.88, a PEG ratio of 0.75 and a beta of 1.06. Leslie’s, Inc. has a 1-year low of $3.79 and a 1-year high of $11.15.

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.