18,310 Shares in Leslie’s, Inc. (NASDAQ:LESL) Bought by Gitterman Wealth Management LLC

Gitterman Wealth Management LLC acquired a new position in shares of Leslie’s, Inc. (NASDAQ:LESL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 18,310 shares of the company’s stock, valued at approximately $41,000.

A number of other large investors also recently modified their holdings of the business. Integrated Investment Consultants LLC boosted its stake in shares of Leslie’s by 36.1% during the 3rd quarter. Integrated Investment Consultants LLC now owns 21,500 shares of the company’s stock worth $68,000 after buying an additional 5,700 shares during the last quarter. IHT Wealth Management LLC boosted its stake in shares of Leslie’s by 52.6% during the 3rd quarter. IHT Wealth Management LLC now owns 16,760 shares of the company’s stock worth $51,000 after buying an additional 5,776 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Leslie’s by 92.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 21,588 shares of the company’s stock worth $48,000 after buying an additional 10,396 shares during the last quarter. FMR LLC boosted its stake in shares of Leslie’s by 334.4% during the 3rd quarter. FMR LLC now owns 26,714 shares of the company’s stock worth $84,000 after buying an additional 20,564 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Leslie’s by 3.2% during the 4th quarter. Principal Financial Group Inc. now owns 900,877 shares of the company’s stock worth $2,009,000 after buying an additional 27,615 shares during the last quarter.

Analyst Upgrades and Downgrades

LESL has been the subject of a number of recent research reports. Stifel Nicolaus reduced their price objective on shares of Leslie’s from $1.90 to $1.55 and set a “sell” rating for the company in a research note on Friday, February 7th. Mizuho dropped their target price on shares of Leslie’s from $4.00 to $3.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Telsey Advisory Group dropped their target price on shares of Leslie’s from $3.75 to $3.00 and set a “market perform” rating on the stock in a report on Friday, February 7th. Bank of America cut shares of Leslie’s from a “buy” rating to an “underperform” rating and dropped their target price for the company from $2.65 to $1.40 in a report on Tuesday, February 18th. Finally, The Goldman Sachs Group dropped their target price on shares of Leslie’s from $4.00 to $3.00 and set a “neutral” rating on the stock in a report on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $2.65.

Leslie’s Stock Up 4.4 %

Leslie’s stock opened at $0.82 on Friday. The stock has a market cap of $152.72 million, a P/E ratio of -5.50 and a beta of 1.20. Leslie’s, Inc. has a twelve month low of $0.76 and a twelve month high of $7.70. The company’s 50-day moving average price is $1.68 and its two-hundred day moving average price is $2.34.

Leslie’s (NASDAQ:LESL) last released its quarterly earnings results on Thursday, February 6th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.21) by ($0.02). Leslie’s had a negative net margin of 2.13% and a negative return on equity of 6.11%.

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.