GSA Capital Partners LLP Takes Position in Leslie’s, Inc. (NASDAQ:LESL)

GSA Capital Partners LLP bought a new position in Leslie’s, Inc. (NASDAQ:LESL) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 31,126 shares of the company’s stock, valued at approximately $98,000.

Several other institutional investors have also recently modified their holdings of LESL. ProShare Advisors LLC grew its position in Leslie’s by 7.4% during the first quarter. ProShare Advisors LLC now owns 35,967 shares of the company’s stock valued at $234,000 after acquiring an additional 2,473 shares during the last quarter. State Board of Administration of Florida Retirement System grew its position in shares of Leslie’s by 24.7% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 63,237 shares of the company’s stock worth $411,000 after buying an additional 12,519 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Leslie’s by 7.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 86,970 shares of the company’s stock worth $566,000 after purchasing an additional 6,101 shares in the last quarter. Bayesian Capital Management LP bought a new stake in Leslie’s during the 1st quarter valued at approximately $787,000. Finally, Janus Henderson Group PLC lifted its stake in shares of Leslie’s by 2.2% in the 1st quarter. Janus Henderson Group PLC now owns 7,320,338 shares of the company’s stock valued at $47,581,000 after purchasing an additional 156,938 shares during the period.

Leslie’s Price Performance

LESL opened at $3.51 on Tuesday. The company has a 50 day simple moving average of $2.86 and a two-hundred day simple moving average of $3.50. The firm has a market cap of $649.03 million, a P/E ratio of 175.50, a PEG ratio of 2.16 and a beta of 1.19. Leslie’s, Inc. has a 1-year low of $2.42 and a 1-year high of $8.21.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Mizuho lowered their price target on shares of Leslie’s from $6.00 to $4.00 and set a “neutral” rating for the company in a research report on Tuesday, August 6th. Telsey Advisory Group restated a “market perform” rating and set a $4.00 price objective on shares of Leslie’s in a research report on Tuesday, August 27th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $3.96.

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.