1 week Ago By ABMN Staff
Barclays PLC lowered its position in SiteOne Landscape Supply, Inc. ( NYSE:SITE – Free Report ) by 38.5% during the 4th quarter, Holdings Channel reports.
The firm owned 29,768 shares of the industrial products company’s stock after selling 18,630 shares during the quarter. Barclays PLC’s holdings in SiteOne Landscape Supply were worth $3,923,000 at the end of the most recent quarter. Other institutional investors have also recently made changes to their positions in the company.
Wilmington Savings Fund Society FSB acquired a new stake in SiteOne Landscape Supply in the third quarter valued at approximately $71,000. Tidal Investments LLC increased its position in SiteOne Landscape Supply by 1.5% during the 3rd quarter.
Tidal Investments LLC now owns 5,166 shares of the industrial products company’s stock valued at $780,000 after buying an additional 77 shares in the last quarter. Synovus Financial Corp raised its stake in SiteOne Landscape Supply by 12.0% in the third quarter.
Synovus Financial Corp now owns 1,954 shares of the industrial products company’s stock valued at $295,000 after buying an additional 209 shares during the last quarter. Oddo BHF Asset Management Sas purchased a new stake in SiteOne Landscape Supply in the third quarter valued at about $1,099,000. Finally, JPMorgan Chase & Co.
boosted its holdings in SiteOne Landscape Supply by 5.8% in the third quarter. JPMorgan Chase & Co.
now owns 528,873 shares of the industrial products company’s stock worth $79,812,000 after acquiring an additional 29,025 shares in the last quarter. Analyst Upgrades and Downgrades A number of analysts recently commented on the stock. Royal Bank of Canada lifted 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 research note on Thursday, February 13th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of SiteOne Landscape Supply in a report on Tuesday, April 1st.
They set a “hold” rating and a $135.00 price objective on the stock. Robert W.
Baird lowered their price target on SiteOne Landscape Supply from $183.00 to $175.00 and set an “outperform” rating for the company in a research report on Thursday, February 13th.
Loop Capital reduced their price objective on SiteOne Landscape Supply from $150.00 to $125.00 and set a “hold” rating for the company in a research note on Friday, April 4th.
Finally, StockNews.com downgraded SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a report on Wednesday, April 23rd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company.
According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $149.70.
SiteOne Landscape Supply Stock Performance Shares of NYSE SITE opened at $115.01 on Monday. SiteOne Landscape Supply, Inc.
has a 1 year low of $101.25 and a 1 year high of $165.97.
The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.16 and a current ratio of 2.
53. The company’s fifty day moving average price is $120.88 and its 200 day moving average price is $134.
54. The company has a market capitalization of $5.17 billion, a PE ratio of 42.
75 and a beta of 1.62. SiteOne Landscape Supply ( NYSE:SITE – Get Free Report ) last announced its quarterly earnings results on Wednesday, February 12th.
The industrial products company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($0.
22). SiteOne Landscape Supply had a net margin of 2.72% and a return on equity of 7.
93%. On average, research analysts predict that SiteOne Landscape Supply, Inc. will post 3.
61 earnings per share for the current year. SiteOne Landscape Supply Profile ( Free Report ) 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.
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