Crossmark Global Holdings Inc. Acquires 133,918 Shares of Leslie’s, Inc. (NASDAQ:LESL)

Crossmark Global Holdings Inc. grew its holdings in shares of Leslie’s, Inc. (NASDAQ:LESL) by 1,173.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 145,334 shares of the company’s stock after acquiring an additional 133,918 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Leslie’s were worth $459,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in LESL. Ariel Investments LLC increased its position in 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 acquiring an additional 11,618,490 shares during the period. Private Management Group Inc. increased its holdings in Leslie’s by 121.3% in the third 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 raised its position in Leslie’s by 1,300.5% during the 2nd quarter. Squarepoint Ops LLC now owns 1,187,916 shares of the company’s stock worth $4,977,000 after purchasing an additional 1,103,096 shares during the last quarter. Marshall Wace LLP lifted its holdings in Leslie’s by 477.4% during the 2nd quarter. Marshall Wace LLP now owns 1,110,404 shares of the company’s stock worth $4,653,000 after buying an additional 918,084 shares during the period. Finally, Perpetual Ltd bought a new stake in shares of Leslie’s in the 3rd quarter valued at about $1,787,000.

Leslie’s Price Performance

Shares of LESL opened at $3.02 on Friday. Leslie’s, Inc. has a 1-year low of $2.42 and a 1-year high of $8.21. The company has a market capitalization of $558.44 million, a P/E ratio of 151.00, a P/E/G ratio of 2.00 and a beta of 1.19. The firm’s 50 day simple moving average is $2.85 and its 200 day simple moving average is $3.57.

Analyst Upgrades and Downgrades

LESL has been the topic of a number of recent analyst reports. Telsey Advisory Group restated a “market perform” rating and issued a $4.00 price target on shares of Leslie’s in a research report on Tuesday, August 27th. Mizuho dropped their target price on shares of Leslie’s from $6.00 to $4.00 and set a “neutral” rating on the stock in a report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Leslie’s presently has a consensus rating of “Hold” and a consensus target price of $3.96.

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.