Leslie's, Inc. (NASDAQ:LESL) Position Boosted by Natixis Advisors L.P.

Natixis Advisors L.P. boosted its holdings in Leslie's, Inc. (NASDAQ:LESL - Free Report) by 136.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,230,959 shares of the company's stock after buying an additional 1,288,013 shares during the quarter. Natixis Advisors L.P. owned 1.21% of Leslie's worth $15,415,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC purchased a new position in shares of Leslie's in the 3rd quarter worth $120,000. Commonwealth Equity Services LLC purchased a new position in Leslie's in the third quarter worth about $109,000. Maryland State Retirement & Pension System increased its position in shares of Leslie's by 16.8% during the 3rd quarter. Maryland State Retirement & Pension System now owns 67,775 shares of the company's stock valued at $384,000 after purchasing an additional 9,759 shares during the last quarter. Raymond James & Associates lifted its stake in shares of Leslie's by 53.5% in the 3rd quarter. Raymond James & Associates now owns 1,973,002 shares of the company's stock worth $11,167,000 after purchasing an additional 687,943 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Leslie's by 11.2% in the third quarter. Bank of New York Mellon Corp now owns 3,214,012 shares of the company's stock worth $18,191,000 after buying an additional 324,510 shares during the last quarter.

Leslie's Stock Performance

Shares of Leslie's stock traded up $0.12 during trading hours on Tuesday, hitting $4.91. The company's stock had a trading volume of 8,744,514 shares, compared to its average volume of 3,242,033. The stock has a market cap of $905.94 million, a price-to-earnings ratio of 47.90, a P/E/G ratio of 0.73 and a beta of 1.06. Leslie's, Inc. has a twelve month low of $3.79 and a twelve month high of $11.68. The firm has a fifty day moving average of $5.93 and a 200-day moving average of $6.14.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Mizuho began coverage on shares of Leslie's in a report on Tuesday, March 19th. They issued a "neutral" rating and a $7.00 target price for the company. Stifel Nicolaus increased their price target on Leslie's from $5.40 to $6.30 and gave the stock a "hold" rating in a research note on Friday, February 2nd. William Blair restated a "market perform" rating on shares of Leslie's in a research report on Friday, February 2nd. Loop Capital upped their price objective on Leslie's from $6.00 to $8.00 and gave the stock a "hold" rating in a research note on Tuesday, March 5th. Finally, Telsey Advisory Group reissued a "market perform" rating and issued a $6.00 price target on shares of Leslie's in a report on Friday. Ten equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $6.37.

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.