Counterpoint Mutual Funds LLC Has $334,000 Stock Holdings in Leslie’s, Inc. (NASDAQ:LESL)

Counterpoint Mutual Funds LLC trimmed its stake in Leslie’s, Inc. (NASDAQ:LESL) by 57.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 149,983 shares of the company’s stock after selling 204,204 shares during the quarter. Counterpoint Mutual Funds LLC’s holdings in Leslie’s were worth $334,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Cibc World Markets Corp acquired a new stake in Leslie’s in the fourth quarter worth $38,000. Gitterman Wealth Management LLC bought a new position in shares of Leslie’s in the fourth quarter valued at $41,000. Amundi lifted its stake in shares of Leslie’s by 166.5% in the fourth quarter. Amundi now owns 104,256 shares of the company’s stock valued at $227,000 after buying an additional 65,132 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Leslie’s by 92.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 21,588 shares of the company’s stock valued at $48,000 after buying an additional 10,396 shares in the last quarter. Finally, Prescott Group Capital Management L.L.C. lifted its stake in shares of Leslie’s by 587.5% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 550,000 shares of the company’s stock valued at $1,226,000 after buying an additional 470,000 shares in the last quarter.

Analyst Ratings Changes

LESL has been the topic of a number of recent research reports. Guggenheim reaffirmed a “neutral” rating on shares of Leslie’s in a research note on Friday, February 7th. Robert W. Baird set a $3.00 price objective on shares of Leslie’s in a research note on Tuesday, February 4th. Telsey Advisory Group dropped their price objective on shares of Leslie’s from $3.75 to $3.00 and set a “market perform” rating on the stock in a research note on Friday, February 7th. The Goldman Sachs Group dropped their price objective on shares of Leslie’s from $4.00 to $3.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 11th. Finally, Morgan Stanley dropped their price target on shares of Leslie’s from $3.00 to $1.50 and set an “equal weight” rating on the stock in a research report on Monday, March 3rd. Two analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock. Based on data from MarketBeat, Leslie’s has a consensus rating of “Hold” and an average price target of $2.65.

Leslie’s Stock Performance

Shares of LESL stock opened at $0.85 on Tuesday. The firm has a market cap of $157.44 million, a price-to-earnings ratio of -5.67 and a beta of 1.20. Leslie’s, Inc. has a 52 week low of $0.76 and a 52 week high of $7.70. The firm’s 50-day simple moving average is $1.65 and its two-hundred day simple moving average is $2.33.

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

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.