Beacon Pointe Advisors LLC Has $110,000 Position in Leslie’s, Inc. (NASDAQ:LESL)

Beacon Pointe Advisors LLC cut its position in shares of Leslie’s, Inc. (NASDAQ:LESL) by 35.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,941 shares of the company’s stock after selling 8,611 shares during the period. Beacon Pointe Advisors LLC’s holdings in Leslie’s were worth $110,000 at the end of the most recent quarter.

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

Leslie’s Stock Performance

NASDAQ:LESL opened at $5.11 on Monday. The company has a market cap of $944.02 million, a price-to-earnings ratio of 63.88, a PEG ratio of 0.76 and a beta of 1.06. Leslie’s, Inc. has a fifty-two week low of $3.79 and a fifty-two week high of $11.15. The stock has a fifty day moving average price of $5.23 and a 200-day moving average price of $6.15.

Analysts Set New Price Targets

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

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.