SiteOne Landscape Supply, Inc. (NYSE:SITE) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lowered its stake in SiteOne Landscape Supply, Inc. (NYSE:SITE) by 1.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 84,411 shares of the industrial products company’s stock after selling 1,135 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in SiteOne Landscape Supply were worth $11,123,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. grew its position in shares of SiteOne Landscape Supply by 90.9% in the third quarter. Nomura Asset Management Co. Ltd. now owns 210 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 100 shares during the period. Trust Co. of Vermont lifted its stake in SiteOne Landscape Supply by 657.9% in the 4th quarter. Trust Co. of Vermont now owns 288 shares of the industrial products company’s stock valued at $38,000 after buying an additional 250 shares in the last quarter. Tortoise Investment Management LLC boosted its holdings in SiteOne Landscape Supply by 78.9% in the 4th quarter. Tortoise Investment Management LLC now owns 297 shares of the industrial products company’s stock worth $39,000 after buying an additional 131 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in SiteOne Landscape Supply during the 3rd quarter worth approximately $71,000. Finally, Jones Financial Companies Lllp raised its holdings in shares of SiteOne Landscape Supply by 11.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,498 shares of the industrial products company’s stock valued at $197,000 after acquiring an additional 156 shares during the last quarter.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SITE. Robert W. Baird lowered their price target on SiteOne Landscape Supply from $183.00 to $175.00 and set an “outperform” rating on the stock in a research note on Thursday, February 13th. Royal Bank of Canada upped their target price on shares of SiteOne Landscape Supply from $129.00 to $136.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. StockNews.com raised shares of SiteOne Landscape Supply from a “sell” rating to a “hold” rating in a research note on Sunday, March 16th. Jefferies Financial Group raised shares of SiteOne Landscape Supply from a “hold” rating to a “buy” rating and upped their price objective for the company from $145.00 to $175.00 in a research note on Friday, December 6th. Finally, UBS Group decreased their target price on shares of SiteOne Landscape Supply from $185.00 to $182.00 and set a “buy” rating on the stock in a research note on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $154.56.

SiteOne Landscape Supply Stock Down 0.4 %

Shares of NYSE SITE opened at $127.82 on Wednesday. The company has a market capitalization of $5.75 billion, a P/E ratio of 47.52 and a beta of 1.69. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 1.16. The company has a 50 day simple moving average of $134.14 and a 200-day simple moving average of $139.78. SiteOne Landscape Supply, Inc. has a 1 year low of $114.60 and a 1 year high of $183.86.

SiteOne Landscape Supply (NYSE:SITE) last posted its earnings results on Wednesday, February 12th. The industrial products company reported ($0.48) earnings per share (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%. On average, equities research analysts predict that SiteOne Landscape Supply, Inc. will post 3.61 earnings per share for the current year.

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.