SiteOne Landscape Supply, Inc. $SITE Stock Holdings Cut by Strs Ohio

Strs Ohio cut its position in shares of SiteOne Landscape Supply, Inc. (NYSE:SITE) by 88.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,057 shares of the industrial products company’s stock after selling 7,826 shares during the quarter. Strs Ohio’s holdings in SiteOne Landscape Supply were worth $136,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Allworth Financial LP raised its position in SiteOne Landscape Supply by 61.2% in the second quarter. Allworth Financial LP now owns 237 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 90 shares in the last quarter. HM Payson & Co. grew its stake in shares of SiteOne Landscape Supply by 32.2% in the 3rd quarter. HM Payson & Co. now owns 398 shares of the industrial products company’s stock worth $51,000 after purchasing an additional 97 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of SiteOne Landscape Supply by 36.6% in the 1st quarter. NewEdge Advisors LLC now owns 399 shares of the industrial products company’s stock worth $48,000 after purchasing an additional 107 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of SiteOne Landscape Supply by 145.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 456 shares of the industrial products company’s stock worth $55,000 after purchasing an additional 270 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in SiteOne Landscape Supply by 24.0% during the third quarter. GAMMA Investing LLC now owns 583 shares of the industrial products company’s stock valued at $75,000 after purchasing an additional 113 shares during the last quarter.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. William Blair restated a “market perform” rating on shares of SiteOne Landscape Supply in a report on Wednesday, October 15th. Royal Bank Of Canada upgraded SiteOne Landscape Supply from a “sector perform” rating to an “outperform” rating and set a $151.00 price objective for the company in a research report on Thursday, January 8th. Bank of America began coverage on SiteOne Landscape Supply in a report on Thursday, December 18th. They issued a “buy” rating and a $147.00 target price on the stock. Barclays set a $134.00 target price on SiteOne Landscape Supply and gave the stock an “equal weight” rating in a research report on Monday, December 8th. Finally, Zacks Research lowered SiteOne Landscape Supply from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. Six research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $150.10.

SiteOne Landscape Supply Stock Up 2.2%

NYSE:SITE opened at $147.32 on Wednesday. The business’s fifty day moving average price is $135.27 and its 200 day moving average price is $133.37. The firm has a market capitalization of $6.56 billion, a price-to-earnings ratio of 47.83, a PEG ratio of 1.52 and a beta of 1.59. The company has a current ratio of 2.49, a quick ratio of 1.14 and a debt-to-equity ratio of 0.29. SiteOne Landscape Supply, Inc. has a 1-year low of $101.25 and a 1-year high of $154.00.

About SiteOne Landscape Supply

SiteOne Landscape Supply is a leading distributor of landscape supplies and irrigation equipment in North America. The company serves a broad range of customers, including independent landscapers, lawn and garden retailers, municipalities and other commercial landscape professionals. Its product portfolio spans irrigation and lighting controls, pipes and fittings, fertilizers and soils, lighting fixtures, hardscapes, outdoor lighting systems and related installation accessories.

In addition to core product lines, SiteOne offers agronomic services designed to optimize turf and plant health, as well as online tools and training resources to help customers plan, specify and manage projects more efficiently.