XTX Topco Ltd Sells 120,576 Shares of Leslie’s, Inc. (NASDAQ:LESL)

XTX Topco Ltd decreased its holdings in Leslie’s, Inc. (NASDAQ:LESL) by 35.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 215,963 shares of the company’s stock after selling 120,576 shares during the quarter. XTX Topco Ltd owned about 0.12% of Leslie’s worth $482,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its position in shares of Leslie’s by 92.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 21,588 shares of the company’s stock worth $48,000 after purchasing an additional 10,396 shares during the period. Mariner LLC purchased a new stake in Leslie’s in the fourth quarter worth about $25,000. Wells Fargo & Company MN boosted its position in Leslie’s by 15.6% during the 4th quarter. Wells Fargo & Company MN now owns 101,288 shares of the company’s stock valued at $226,000 after acquiring an additional 13,696 shares in the last quarter. Cibc World Markets Corp purchased a new position in shares of Leslie’s during the 4th quarter worth approximately $38,000. Finally, Gitterman Wealth Management LLC bought a new position in shares of Leslie’s in the 4th quarter worth approximately $41,000.

Leslie’s Stock Up 5.8 %

Shares of NASDAQ LESL opened at $0.58 on Monday. The firm has a market cap of $106.86 million, a P/E ratio of -3.85 and a beta of 1.30. Leslie’s, Inc. has a twelve month low of $0.51 and a twelve month high of $6.02. The company has a 50 day moving average of $0.92 and a 200 day moving average of $1.93.

Leslie’s (NASDAQ:LESL) last posted its quarterly earnings results on Thursday, February 6th. The company reported ($0.23) earnings per share 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%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on LESL shares. Guggenheim reaffirmed a “neutral” rating on shares of Leslie’s in a research note on Friday, February 7th. Telsey Advisory Group reiterated a “market perform” rating and issued a $3.00 price target on shares of Leslie’s in a research note on Tuesday, March 18th. The Goldman Sachs Group lowered their price target on shares of Leslie’s from $4.00 to $3.00 and set a “neutral” rating for the company in a research report on Tuesday, February 11th. Robert W. Baird set a $3.00 price objective on shares of Leslie’s in a report on Tuesday, February 4th. Finally, Stifel Nicolaus lowered their target price on shares of Leslie’s from $1.90 to $1.55 and set a “sell” rating for the company in a report on Friday, February 7th. Two research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $2.65.

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.