Signaturefd LLC Decreases Stock Position in SiteOne Landscape Supply, Inc. (NYSE:SITE)

Signaturefd LLC lessened its stake in shares of SiteOne Landscape Supply, Inc. (NYSE:SITE) by 40.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 240 shares of the industrial products company’s stock after selling 163 shares during the period. Signaturefd LLC’s holdings in SiteOne Landscape Supply were worth $32,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in SITE. Bamco Inc. NY boosted its position in shares of SiteOne Landscape Supply by 8.9% during the 3rd quarter. Bamco Inc. NY now owns 1,580,342 shares of the industrial products company’s stock valued at $238,489,000 after acquiring an additional 129,252 shares during the last quarter. Wasatch Advisors LP lifted its position in SiteOne Landscape Supply by 11.4% during the third quarter. Wasatch Advisors LP now owns 1,577,651 shares of the industrial products company’s stock valued at $238,083,000 after purchasing an additional 161,846 shares during the last quarter. Conestoga Capital Advisors LLC grew its stake in shares of SiteOne Landscape Supply by 2.7% in the 4th quarter. Conestoga Capital Advisors LLC now owns 1,167,454 shares of the industrial products company’s stock worth $153,835,000 after buying an additional 30,725 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of SiteOne Landscape Supply by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 717,975 shares of the industrial products company’s stock worth $108,381,000 after buying an additional 3,434 shares during the last quarter. Finally, Geneva Capital Management LLC increased its holdings in shares of SiteOne Landscape Supply by 13.9% in the 4th quarter. Geneva Capital Management LLC now owns 712,894 shares of the industrial products company’s stock worth $93,938,000 after buying an additional 86,793 shares during the last quarter.

SiteOne Landscape Supply Stock Down 0.4 %

NYSE:SITE opened at $127.82 on Wednesday. The company has a market cap of $5.75 billion, a price-to-earnings ratio of 47.52 and a beta of 1.69. SiteOne Landscape Supply, Inc. has a twelve month low of $114.60 and a twelve month high of $183.86. The company has a current ratio of 2.53, a quick ratio of 1.16 and a debt-to-equity ratio of 0.31. The stock has a fifty day simple moving average of $134.14 and a 200-day simple moving average of $139.78.

SiteOne Landscape Supply (NYSE:SITE) last posted its quarterly earnings results on Wednesday, February 12th. The industrial products company reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.26) by ($0.22). SiteOne Landscape Supply had a return on equity of 7.93% and a net margin of 2.72%. Analysts anticipate that SiteOne Landscape Supply, Inc. will post 3.61 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently commented on SITE shares. UBS Group dropped their price target on SiteOne Landscape Supply from $185.00 to $182.00 and set a “buy” rating for the company in a research report on Thursday, February 13th. StockNews.com raised SiteOne Landscape Supply from a “sell” rating to a “hold” rating in a research report on Sunday, March 16th. Stifel Nicolaus restated a “hold” rating and issued a $140.00 price target (down from $145.00) on shares of SiteOne Landscape Supply in a research report on Monday, February 10th. Robert W. Baird dropped their price objective on shares of SiteOne Landscape Supply from $183.00 to $175.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th. Finally, Jefferies Financial Group raised shares of SiteOne Landscape Supply from a “hold” rating to a “buy” rating and increased their target price for the company from $145.00 to $175.00 in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $154.56.

SiteOne Landscape Supply Profile

SiteOne Landscape Supply, Inc, together with its subsidiaries, engages in the wholesale distribution of landscape supplies in the United States and Canada. The company provides irrigation products, including controllers, valves, sprinkler heads, irrigation pipes, micro irrigation, and drip products; fertilizer, grass seed, and ice melt products; control products, such as herbicides, fungicides, rodenticides, and other pesticides; landscape accessories that include mulches, soil amendments, drainage pipes, tools, and sods; nursery goods, which consist of deciduous and evergreen shrubs, ornamental, shade, evergreen trees, field grown and container-grown nursery stock, roses, perennials, annuals, bulbs, and plant species and cultivars; hardscapes, such as pavers, natural stones, blocks, and other durable materials; and outdoor lighting products that include lighting fixtures, LED lamps, wires, transformers, and accessories.