644,428 Shares in Leslie’s, Inc. (NASDAQ:LESL) Purchased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL acquired a new stake in Leslie’s, Inc. (NASDAQ:LESL) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 644,428 shares of the company’s stock, valued at approximately $1,437,000. Tudor Investment Corp ET AL owned 0.35% of Leslie’s as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in LESL. Lind Value II ApS purchased a new stake in Leslie’s during the 4th quarter worth about $10,258,000. Renaissance Technologies LLC lifted its holdings in shares of Leslie’s by 340.4% in the fourth quarter. Renaissance Technologies LLC now owns 3,436,095 shares of the company’s stock worth $7,662,000 after buying an additional 2,655,795 shares in the last quarter. CenterBook Partners LP bought a new position in shares of Leslie’s in the fourth quarter valued at approximately $5,838,000. Raymond James Financial Inc. purchased a new position in Leslie’s during the fourth quarter valued at approximately $1,807,000. Finally, Invesco Ltd. increased its holdings in Leslie’s by 67.6% during the 4th quarter. Invesco Ltd. now owns 1,550,254 shares of the company’s stock worth $3,457,000 after acquiring an additional 625,080 shares during the period.

Analyst Ratings Changes

LESL has been the subject of a number of recent analyst reports. Mizuho reduced their price target on shares of Leslie’s from $4.00 to $3.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Stifel Nicolaus upgraded Leslie’s from a “sell” rating to a “hold” rating in a research note on Friday, April 25th. Morgan Stanley lowered their price target on Leslie’s from $3.00 to $1.50 and set an “equal weight” rating on the stock in a report on Monday, March 3rd. Bank of America cut shares of Leslie’s from a “buy” rating to an “underperform” rating and decreased their price objective for the stock from $2.65 to $1.40 in a research report on Tuesday, February 18th. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $3.00 target price on shares of Leslie’s in a research report on Tuesday, March 18th. One analyst has rated the stock with a sell rating and eleven have assigned a hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $2.65.

Leslie’s Stock Up 3.3 %

Shares of LESL opened at $0.65 on Tuesday. The firm has a fifty day simple moving average of $0.74 and a two-hundred day simple moving average of $1.77. Leslie’s, Inc. has a twelve month low of $0.51 and a twelve month high of $6.02. The stock has a market capitalization of $119.93 million, a P/E ratio of -4.32 and a beta of 1.32.

Leslie’s (NASDAQ:LESL) last announced its quarterly earnings results on Thursday, February 6th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.02). Leslie’s had a negative net margin of 2.13% and a negative return on equity of 6.11%.

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.