Parametric Portfolio Associates LLC Has $1.54 Million Position in SiteOne Landscape Supply, Inc. (SITE)

Parametric Portfolio Associates LLC increased its stake in SiteOne Landscape Supply, Inc. (NYSE:SITE) by 3.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 31,885 shares of the industrial products company’s stock after buying an additional 1,151 shares during the period. Parametric Portfolio Associates LLC owned 0.08% of SiteOne Landscape Supply worth $1,544,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Teachers Advisors LLC raised its position in shares of SiteOne Landscape Supply by 3.9% in the fourth quarter. Teachers Advisors LLC now owns 18,882 shares of the industrial products company’s stock valued at $656,000 after buying an additional 711 shares during the last quarter. BB&T Corp raised its position in shares of SiteOne Landscape Supply by 15.8% in the first quarter. BB&T Corp now owns 6,895 shares of the industrial products company’s stock valued at $334,000 after buying an additional 940 shares during the last quarter. Montag A & Associates Inc. raised its position in shares of SiteOne Landscape Supply by 5.7% in the first quarter. Montag A & Associates Inc. now owns 41,215 shares of the industrial products company’s stock valued at $1,995,000 after buying an additional 2,225 shares during the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its position in shares of SiteOne Landscape Supply by 216.7% in the first quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 3,800 shares of the industrial products company’s stock valued at $184,000 after buying an additional 2,600 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky raised its position in shares of SiteOne Landscape Supply by 23.3% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 23,902 shares of the industrial products company’s stock valued at $830,000 after buying an additional 4,514 shares during the last quarter. 87.23% of the stock is owned by hedge funds and other institutional investors.

SiteOne Landscape Supply, Inc. (NYSE SITE) opened at 52.58 on Tuesday. SiteOne Landscape Supply, Inc. has a one year low of $26.60 and a one year high of $53.68. The stock’s market cap is $2.09 billion. The firm’s 50-day moving average is $50.90 and its 200 day moving average is $43.79.

SiteOne Landscape Supply (NYSE:SITE) last issued its quarterly earnings data on Wednesday, May 10th. The industrial products company reported ($0.26) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.01. SiteOne Landscape Supply had a return on equity of 22.88% and a net margin of 1.55%. The firm had revenue of $335 million during the quarter, compared to analyst estimates of $335.53 million. During the same quarter last year, the firm earned ($0.85) EPS. SiteOne Landscape Supply’s quarterly revenue was up 2.0% on a year-over-year basis. On average, analysts anticipate that SiteOne Landscape Supply, Inc. will post $1.38 EPS for the current fiscal year.

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A number of analysts have weighed in on the stock. Johnson Rice started coverage on shares of SiteOne Landscape Supply in a research note on Monday, May 8th. They issued an “accumulate” rating for the company. Royal Bank Of Canada reiterated a “buy” rating and issued a $52.00 price target on shares of SiteOne Landscape Supply in a research note on Monday, May 8th. Finally, Zacks Investment Research lowered shares of SiteOne Landscape Supply from a “buy” rating to a “hold” rating in a research note on Friday, April 21st. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $49.00.

In other SiteOne Landscape Supply news, CEO Doug Black bought 6,200 shares of the firm’s stock in a transaction dated Thursday, May 25th. The stock was acquired at an average price of $50.76 per share, with a total value of $314,712.00. Following the completion of the transaction, the chief executive officer now directly owns 400,743 shares in the company, valued at approximately $20,341,714.68. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder & Co Deere sold 3,998,550 shares of the firm’s stock in a transaction on Monday, May 1st. The stock was sold at an average price of $46.08, for a total value of $184,253,184.00. The disclosure for this sale can be found here. 4.00% of the stock is currently owned by company insiders.

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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