Leslie's, Inc. (NASDAQ:LESL) Holdings Raised by Two Sigma Investments LP

Two Sigma Investments LP lifted its holdings in shares of Leslie's, Inc. (NASDAQ:LESL - Free Report) by 297.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 474,875 shares of the company's stock after acquiring an additional 355,474 shares during the period. Two Sigma Investments LP owned 0.26% of Leslie's worth $1,059,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Ariel Investments LLC increased its stake in Leslie's by 8.5% in the 4th quarter. Ariel Investments LLC now owns 50,527,789 shares of the company's stock valued at $112,677,000 after buying an additional 3,975,268 shares during the period. Geode Capital Management LLC grew its stake in shares of Leslie's by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 4,226,600 shares of the company's stock worth $9,428,000 after purchasing an additional 91,898 shares during the period. Renaissance Technologies LLC boosted its position in shares of Leslie's by 340.4% in the 4th 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. Allspring Global Investments Holdings LLC boosted its position in shares of Leslie's by 9.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 3,136,076 shares of the company's stock worth $6,993,000 after buying an additional 258,686 shares in the last quarter. Finally, CenterBook Partners LP purchased a new stake in shares of Leslie's in the 4th quarter worth about $5,838,000.

Leslie's Stock Performance

Shares of LESL traded down $0.02 during mid-day trading on Friday, reaching $0.71. 2,398,432 shares of the company's stock traded hands, compared to its average volume of 5,330,171. The business's 50-day moving average price is $0.70 and its 200-day moving average price is $1.45. The stock has a market capitalization of $131.35 million, a P/E ratio of -4.72 and a beta of 1.42. Leslie's, Inc. has a 12 month low of $0.51 and a 12 month high of $5.54.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Loop Capital decreased their price target on shares of Leslie's from $4.00 to $1.00 and set a "hold" rating on the stock in a research note on Friday, May 9th. Stifel Nicolaus upgraded Leslie's from a "sell" rating to a "hold" rating in a research note on Friday, April 25th. The Goldman Sachs Group lowered their price target on shares of Leslie's from $4.00 to $3.00 and set a "neutral" rating for the company in a report on Tuesday, February 11th. Morgan Stanley decreased their price target on shares of Leslie's from $3.00 to $1.50 and set an "equal weight" rating for the company in a research report on Monday, March 3rd. Finally, Guggenheim reissued a "neutral" rating on shares of Leslie's in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating and eleven have given a hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $2.27.

About Leslie's

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.