Aigen Investment Management LP Takes $92,000 Position in Leslie’s, Inc. (NASDAQ:LESL)

Aigen Investment Management LP acquired a new stake in Leslie’s, Inc. (NASDAQ:LESL) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 29,266 shares of the company’s stock, valued at approximately $92,000.

Several other large investors also recently modified their holdings of LESL. Ariel Investments LLC grew its stake in shares of Leslie’s by 46.5% in the 2nd quarter. Ariel Investments LLC now owns 36,601,368 shares of the company’s stock valued at $153,360,000 after purchasing an additional 11,618,490 shares during the period. Private Management Group Inc. grew its stake in shares of Leslie’s by 121.3% in the 3rd quarter. Private Management Group Inc. now owns 5,569,278 shares of the company’s stock valued at $17,599,000 after purchasing an additional 3,052,539 shares during the period. Squarepoint Ops LLC grew its stake in shares of Leslie’s by 1,300.5% in the 2nd quarter. Squarepoint Ops LLC now owns 1,187,916 shares of the company’s stock valued at $4,977,000 after purchasing an additional 1,103,096 shares during the period. Marshall Wace LLP boosted its holdings in shares of Leslie’s by 477.4% in the 2nd quarter. Marshall Wace LLP now owns 1,110,404 shares of the company’s stock worth $4,653,000 after acquiring an additional 918,084 shares in the last quarter. Finally, Perpetual Ltd acquired a new position in shares of Leslie’s in the 3rd quarter worth approximately $1,787,000.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Mizuho reduced their target price on Leslie’s from $6.00 to $4.00 and set a “neutral” rating on the stock in a report on Tuesday, August 6th. Telsey Advisory Group reissued a “market perform” rating and issued a $4.00 target price on shares of Leslie’s in a report on Tuesday, August 27th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $3.96.

Leslie’s Stock Performance

Shares of Leslie’s stock opened at $3.02 on Monday. The firm has a fifty day moving average of $2.85 and a two-hundred day moving average of $3.57. The stock has a market capitalization of $558.43 million, a price-to-earnings ratio of 151.00, a PEG ratio of 2.10 and a beta of 1.19. Leslie’s, Inc. has a 52 week low of $2.42 and a 52 week high of $8.21.

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.