2,092 Shares in SiteOne Landscape Supply, Inc. (NYSE:SITE) Bought by Callan Family Office LLC

Callan Family Office LLC purchased a new position in SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,092 shares of the industrial products company's stock, valued at approximately $276,000.

A number of other hedge funds also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of SiteOne Landscape Supply by 5.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,131 shares of the industrial products company's stock valued at $322,000 after purchasing an additional 113 shares in the last quarter. Verdence Capital Advisors LLC boosted its position in SiteOne Landscape Supply by 15.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 2,998 shares of the industrial products company's stock worth $452,000 after acquiring an additional 406 shares during the last quarter. Axxcess Wealth Management LLC bought a new position in shares of SiteOne Landscape Supply during the 3rd quarter worth approximately $214,000. Venturi Wealth Management LLC boosted its holdings in SiteOne Landscape Supply by 10.8% during the third quarter. Venturi Wealth Management LLC now owns 1,551 shares of the industrial products company's stock worth $234,000 after purchasing an additional 151 shares during the last quarter. Finally, Geneva Capital Management LLC lifted its position in SiteOne Landscape Supply by 1.5% during the 3rd quarter. Geneva Capital Management LLC now owns 626,101 shares of the industrial products company's stock worth $94,485,000 after buying an additional 9,209 shares in the last quarter.

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Analysts Set New Price Targets

SITE has been the topic of several analyst reports. UBS Group dropped their target price on SiteOne Landscape Supply from $185.00 to $182.00 and set a "buy" rating on the stock in a report on Thursday, February 13th. Royal Bank of Canada raised their target price on shares of SiteOne Landscape Supply from $129.00 to $136.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th. Robert W. Baird lowered their target price on shares of SiteOne Landscape Supply from $183.00 to $175.00 and set an "outperform" rating on the stock in a report on Thursday, February 13th. StockNews.com cut shares of SiteOne Landscape Supply from a "hold" rating to a "sell" rating in a research note on Saturday, March 8th. Finally, Jefferies Financial Group upgraded shares of SiteOne Landscape Supply from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $145.00 to $175.00 in a research note on Friday, December 6th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $154.56.

SiteOne Landscape Supply Stock Performance

Shares of NYSE:SITE traded down $2.91 during trading on Thursday, reaching $120.37. 614,306 shares of the stock were exchanged, compared to its average volume of 371,121. SiteOne Landscape Supply, Inc. has a 12 month low of $114.60 and a 12 month high of $188.01. The stock has a 50-day moving average price of $135.21 and a 200-day moving average price of $140.59. The company has a current ratio of 2.53, a quick ratio of 1.16 and a debt-to-equity ratio of 0.31. The firm has a market cap of $5.41 billion, a PE ratio of 44.75 and a beta of 1.69.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last released its quarterly 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 net margin of 2.72% and a return on equity of 7.93%. Research analysts expect that SiteOne Landscape Supply, Inc. will post 3.61 EPS for the current fiscal year.

About SiteOne Landscape Supply

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.