California Public Employees Retirement System bought a new position in shares of SiteOne Landscape Supply, Inc. (NYSE:SITE) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 4,800 shares of the industrial products company’s stock, valued at approximately $250,000.

Several other large investors have also recently modified their holdings of the company. Teachers Advisors LLC lifted its position in SiteOne Landscape Supply by 3.4% during the 1st quarter. Teachers Advisors LLC now owns 19,515 shares of the industrial products company’s stock worth $945,000 after acquiring an additional 633 shares in the last quarter. Vanguard Group Inc. lifted its position in SiteOne Landscape Supply by 11.1% during the 1st quarter. Vanguard Group Inc. now owns 1,653,393 shares of the industrial products company’s stock worth $80,041,000 after acquiring an additional 164,917 shares in the last quarter. Geode Capital Management LLC lifted its position in SiteOne Landscape Supply by 2.0% during the 1st quarter. Geode Capital Management LLC now owns 142,980 shares of the industrial products company’s stock worth $6,921,000 after acquiring an additional 2,842 shares in the last quarter. UBS Group AG lifted its position in SiteOne Landscape Supply by 456.8% during the 1st quarter. UBS Group AG now owns 6,125 shares of the industrial products company’s stock worth $297,000 after acquiring an additional 5,025 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new position in SiteOne Landscape Supply during the 1st quarter worth approximately $3,863,000.

Shares of SiteOne Landscape Supply, Inc. (SITE) traded up $0.30 on Thursday, hitting $73.14. The company’s stock had a trading volume of 281,700 shares, compared to its average volume of 429,116. SiteOne Landscape Supply, Inc. has a one year low of $30.87 and a one year high of $73.35. The firm has a market cap of $2,896.69, a price-to-earnings ratio of 67.44 and a beta of 2.31. The company has a debt-to-equity ratio of 2.35, a quick ratio of 1.21 and a current ratio of 2.69.

SiteOne Landscape Supply (NYSE:SITE) last announced its earnings results on Wednesday, November 8th. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.14). SiteOne Landscape Supply had a net margin of 2.49% and a return on equity of 26.42%. The business had revenue of $502.40 million during the quarter, compared to analyst estimates of $506.28 million. During the same period in the previous year, the company earned $0.36 earnings per share. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. analysts anticipate that SiteOne Landscape Supply, Inc. will post 1.23 earnings per share for the current year.

SITE has been the topic of several recent research reports. SunTrust Banks boosted their price target on SiteOne Landscape Supply to $70.00 and gave the stock a “buy” rating in a research report on Thursday, November 9th. Zacks Investment Research lowered SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. Royal Bank Of Canada boosted their price target on SiteOne Landscape Supply from $63.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 4th. Deutsche Bank reissued a “buy” rating and set a $60.00 price target (up from $55.00) on shares of SiteOne Landscape Supply in a research report on Thursday, August 10th. Finally, BidaskClub raised SiteOne Landscape Supply from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 21st. One analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $66.00.

In related news, VP Joseph Ketter sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $71.67, for a total transaction of $179,175.00. Following the sale, the vice president now directly owns 7,716 shares of the company’s stock, valued at approximately $553,005.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Ross Anker sold 41,824 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $69.09, for a total value of $2,889,620.16. Following the sale, the executive vice president now directly owns 88,881 shares in the company, valued at $6,140,788.29. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 85,137 shares of company stock worth $5,980,328. 4.00% of the stock is currently owned by corporate insiders.

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About SiteOne Landscape Supply

SiteOne Landscape Supply, Inc is a national wholesale distributor of landscape supplies in the United States and Canada. The Company is a supplier of irrigation, landscape lighting, hardscapes, lawn care supplies, nursery stock, and landscape accessories to green industry professionals. As of October 2, 2016, the Company had over 450 stores.

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Institutional Ownership by Quarter for SiteOne Landscape Supply (NYSE:SITE)

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