First Trust Advisors LP Has $3.21 Million Holdings in Leslie’s, Inc. (NASDAQ:LESL)

First Trust Advisors LP cut its holdings in shares of Leslie’s, Inc. (NASDAQ:LESLGet Rating) by 3.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 135,635 shares of the company’s stock after selling 4,900 shares during the quarter. First Trust Advisors LP owned 0.07% of Leslie’s worth $3,209,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Intercontinental Wealth Advisors LLC lifted its holdings in shares of Leslie’s by 32.4% during the 4th quarter. Intercontinental Wealth Advisors LLC now owns 72,960 shares of the company’s stock valued at $1,726,000 after buying an additional 17,859 shares during the last quarter. Robeco Schweiz AG lifted its holdings in shares of Leslie’s by 12.2% during the 4th quarter. Robeco Schweiz AG now owns 3,109,000 shares of the company’s stock valued at $73,559,000 after buying an additional 338,400 shares during the last quarter. Islay Capital Management LLC acquired a new stake in shares of Leslie’s during the 4th quarter valued at about $138,000. Northern Trust Corp lifted its holdings in shares of Leslie’s by 26.4% during the 4th quarter. Northern Trust Corp now owns 741,305 shares of the company’s stock valued at $17,540,000 after buying an additional 155,033 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of Leslie’s by 20.3% during the 4th quarter. Victory Capital Management Inc. now owns 20,153 shares of the company’s stock valued at $477,000 after buying an additional 3,398 shares during the last quarter.

In other Leslie’s news, insider Moyo Labode sold 4,696 shares of Leslie’s stock in a transaction that occurred on Thursday, May 12th. The stock was sold at an average price of $17.48, for a total value of $82,086.08. Following the transaction, the insider now directly owns 11,554 shares of the company’s stock, valued at approximately $201,963.92. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 3.60% of the company’s stock.

Several equities research analysts have recently issued reports on LESL shares. Zacks Investment Research upgraded Leslie’s from a “sell” rating to a “hold” rating and set a $19.00 price target for the company in a report on Friday. The Goldman Sachs Group raised Leslie’s from a “neutral” rating to a “buy” rating and raised their price objective for the company from $26.00 to $27.00 in a research note on Monday, April 4th. Finally, Robert W. Baird cut their price objective on Leslie’s from $28.00 to $25.00 in a research note on Friday, May 6th. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $29.73.

Shares of NASDAQ LESL opened at $18.97 on Friday. The business’s 50 day moving average is $20.08 and its two-hundred day moving average is $20.99. The company has a market cap of $3.47 billion, a P/E ratio of 26.35, a P/E/G ratio of 1.85 and a beta of 0.55. Leslie’s, Inc. has a 12 month low of $16.40 and a 12 month high of $31.55.

Leslie’s (NASDAQ:LESLGet Rating) last issued its quarterly earnings results on Thursday, May 5th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. The business had revenue of $228.07 million during the quarter, compared to the consensus estimate of $211.32 million. The business’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.02) earnings per share. Sell-side analysts expect that Leslie’s, Inc. will post 1.03 earnings per share for the current year.

Leslie’s Company Profile (Get Rating)

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 offers pool chemicals consisting of chlorine, sanitizers, water balancers, specialty chemicals, and algae control; pool covers, including winter, solar and safety covers, leaf nets, cover reels, and cover alternatives; pool equipment, which comprise pool cleaners, pool pumps, pool filters, pool heating, and lighting; and pools, such as above ground pools, soft side pools, above ground pools liners and equipment, ladders and rails, and diving boards.

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Institutional Ownership by Quarter for Leslie's (NASDAQ:LESL)

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