Wealth Alliance Has $141,000 Stock Holdings in Leslie’s, Inc. (NASDAQ:LESL)

Wealth Alliance increased its stake in shares of Leslie’s, Inc. (NASDAQ:LESL) by 17.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,393 shares of the company’s stock after buying an additional 3,023 shares during the period. Wealth Alliance’s holdings in Leslie’s were worth $141,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in LESL. FMR LLC lifted its position in Leslie’s by 463.1% during the 1st quarter. FMR LLC now owns 3,080 shares of the company’s stock worth $34,000 after buying an additional 2,533 shares in the last quarter. Profund Advisors LLC acquired a new position in Leslie’s during the 3rd quarter worth about $58,000. Pathstone Family Office LLC acquired a new position in Leslie’s during the 3rd quarter worth about $69,000. Tower Research Capital LLC TRC lifted its position in Leslie’s by 113.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 4,697 shares of the company’s stock worth $69,000 after buying an additional 2,497 shares in the last quarter. Finally, UBS Group AG lifted its position in Leslie’s by 20.8% during the 2nd quarter. UBS Group AG now owns 4,763 shares of the company’s stock worth $72,000 after buying an additional 820 shares in the last quarter.

Leslie’s Price Performance

Shares of LESL stock opened at $4.45 on Friday. The stock has a market cap of $821.07 million, a PE ratio of 44.50, a price-to-earnings-growth ratio of 0.66 and a beta of 0.90. The stock has a 50-day moving average of $6.65 and a 200-day moving average of $6.20. Leslie’s, Inc. has a one year low of $4.16 and a one year high of $11.68.

Leslie’s (NASDAQ:LESL) last announced its quarterly earnings results on Thursday, February 1st. The company reported ($0.21) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.01. Leslie’s had a negative return on equity of 15.00% and a net margin of 1.25%. The company had revenue of $173.96 million during the quarter, compared to analysts’ expectations of $169.17 million. As a group, research analysts anticipate that Leslie’s, Inc. will post 0.23 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have weighed in on LESL. Mizuho began coverage on Leslie’s in a report on Tuesday, March 19th. They set a “neutral” rating and a $7.00 price objective for the company. Loop Capital boosted their price objective on Leslie’s from $6.00 to $8.00 and gave the stock a “hold” rating in a report on Tuesday, March 5th. William Blair reissued a “market perform” rating on shares of Leslie’s in a report on Friday, February 2nd. Stifel Nicolaus boosted their price objective on Leslie’s from $5.40 to $6.30 and gave the stock a “hold” rating in a report on Friday, February 2nd. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $6.00 price objective on shares of Leslie’s in a report on Friday, February 2nd. Ten equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $6.37.

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.