SiteOne Landscape Supply, Inc. (SITE) Shares Sold by State of Wisconsin Investment Board

State of Wisconsin Investment Board trimmed its position in SiteOne Landscape Supply, Inc. (NYSE:SITE) by 12.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 200,600 shares of the industrial products company’s stock after selling 28,570 shares during the period. State of Wisconsin Investment Board owned about 0.50% of SiteOne Landscape Supply worth $11,655,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Ameritas Investment Partners Inc. boosted its holdings in shares of SiteOne Landscape Supply by 223.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,937 shares of the industrial products company’s stock worth $153,000 after purchasing an additional 2,030 shares during the last quarter. Advisor Group Inc. boosted its holdings in shares of SiteOne Landscape Supply by 156.6% during the 2nd quarter. Advisor Group Inc. now owns 3,192 shares of the industrial products company’s stock worth $165,000 after purchasing an additional 1,948 shares during the last quarter. Great West Life Assurance Co. Can boosted its holdings in shares of SiteOne Landscape Supply by 191.5% during the 2nd quarter. Great West Life Assurance Co. Can now owns 3,789 shares of the industrial products company’s stock worth $197,000 after purchasing an additional 2,489 shares during the last quarter. Amalgamated Bank acquired a new position in shares of SiteOne Landscape Supply during the 2nd quarter worth approximately $201,000. Finally, BNP Paribas Arbitrage SA boosted its holdings in shares of SiteOne Landscape Supply by 1,167.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,283 shares of the industrial products company’s stock worth $223,000 after purchasing an additional 3,945 shares during the last quarter.

Several brokerages have recently weighed in on SITE. UBS AG boosted their target price on SiteOne Landscape Supply from $54.00 to $66.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Robert W. Baird boosted their target price on SiteOne Landscape Supply from $58.00 to $74.00 and gave the stock an “outperform” rating in a report on Thursday, November 9th. Barclays PLC boosted their target price on SiteOne Landscape Supply from $48.00 to $56.00 and gave the stock an “equal weight” rating in a report on Thursday, November 9th. SunTrust Banks, Inc. boosted their target price on SiteOne Landscape Supply to $70.00 and gave the stock a “buy” rating in a report on Thursday, November 9th. Finally, Zacks Investment Research cut SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $66.00.

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SiteOne Landscape Supply, Inc. (NYSE SITE) opened at $69.59 on Wednesday. SiteOne Landscape Supply, Inc. has a twelve month low of $30.87 and a twelve month high of $70.56. The company has a market capitalization of $2,729.67, a P/E ratio of 63.56 and a beta of 2.31. The company has a debt-to-equity ratio of 2.35, a current ratio of 2.69 and a quick ratio of 1.21.

SiteOne Landscape Supply (NYSE:SITE) last released its quarterly earnings data on Wednesday, November 8th. The industrial products company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates 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 quarter in the prior year, the company posted $0.36 earnings per share. The company’s revenue was up 13.0% on a year-over-year basis. equities analysts anticipate that SiteOne Landscape Supply, Inc. will post 1.23 EPS for the current fiscal year.

SiteOne Landscape Supply Company Profile

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.

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

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