Aigen Investment Management LP Buys 48,872 Shares of Leslie’s, Inc. (NASDAQ:LESL)

Aigen Investment Management LP increased its stake in Leslie’s, Inc. (NASDAQ:LESL) by 149.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 81,580 shares of the company’s stock after buying an additional 48,872 shares during the quarter. Aigen Investment Management LP’s holdings in Leslie’s were worth $564,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ariel Investments LLC lifted its holdings in Leslie’s by 50.6% during the 3rd quarter. Ariel Investments LLC now owns 24,987,417 shares of the company’s stock valued at $141,429,000 after buying an additional 8,398,488 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Leslie’s by 3.6% during the third quarter. Vanguard Group Inc. now owns 18,624,433 shares of the company’s stock valued at $105,414,000 after purchasing an additional 647,841 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its stake in Leslie’s by 55.1% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 17,115,836 shares of the company’s stock worth $96,876,000 after buying an additional 6,078,768 shares in the last quarter. DAVENPORT & Co LLC increased its holdings in shares of Leslie’s by 26.6% in the 4th quarter. DAVENPORT & Co LLC now owns 4,018,954 shares of the company’s stock valued at $27,771,000 after acquiring an additional 845,615 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Leslie’s by 18.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,633,997 shares of the company’s stock worth $18,201,000 after purchasing an additional 404,635 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Stifel Nicolaus raised their price target on shares of Leslie’s from $5.40 to $6.30 and gave the company a “hold” rating in a report on Friday, February 2nd. Telsey Advisory Group reiterated a “market perform” rating and issued a $6.00 target price on shares of Leslie’s in a research note on Thursday, May 9th. Mizuho decreased their price target on shares of 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 reissued a “market perform” rating on shares of Leslie’s in a report on Friday, February 2nd. Finally, Loop Capital boosted their price target on Leslie’s from $6.00 to $8.00 and gave the company a “hold” rating in a research note on Tuesday, March 5th. Ten analysts have rated the stock with a hold rating, According to MarketBeat.com, Leslie’s presently has a consensus rating of “Hold” and a consensus target price of $6.26.

Leslie’s Price Performance

LESL opened at $4.94 on Thursday. The firm has a fifty day moving average price of $5.31 and a 200 day moving average price of $6.14. The stock has a market cap of $912.62 million, a P/E ratio of 63.25, a P/E/G ratio of 0.74 and a beta of 1.06. Leslie’s, Inc. has a 1 year low of $3.79 and a 1 year high of $11.15.

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.