Crown Oak Advisors LLC Purchases 6,074 Shares of SiteOne Landscape Supply, Inc. (NYSE:SITE)

Crown Oak Advisors LLC lifted its holdings in shares of SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) by 12.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,084 shares of the industrial products company's stock after buying an additional 6,074 shares during the period. SiteOne Landscape Supply makes up 3.6% of Crown Oak Advisors LLC's portfolio, making the stock its 14th biggest position. Crown Oak Advisors LLC owned about 0.12% of SiteOne Landscape Supply worth $6,995,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SITE. Barclays PLC boosted its stake in shares of SiteOne Landscape Supply by 71.2% in the 3rd quarter. Barclays PLC now owns 48,398 shares of the industrial products company's stock worth $7,304,000 after buying an additional 20,134 shares during the last quarter. Holocene Advisors LP boosted its position in SiteOne Landscape Supply by 38.2% in the third quarter. Holocene Advisors LP now owns 51,625 shares of the industrial products company's stock worth $7,791,000 after purchasing an additional 14,269 shares during the last quarter. Algert Global LLC boosted its position in SiteOne Landscape Supply by 375.4% in the third quarter. Algert Global LLC now owns 29,506 shares of the industrial products company's stock worth $4,453,000 after purchasing an additional 23,300 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of SiteOne Landscape Supply by 4.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,026 shares of the industrial products company's stock valued at $1,217,000 after purchasing an additional 447 shares during the period. Finally, Point72 DIFC Ltd purchased a new stake in shares of SiteOne Landscape Supply during the 2nd quarter valued at about $449,000.

Wall Street Analyst Weigh In

Several analysts recently issued reports on SITE shares. Robert W. Baird boosted their target price on shares of SiteOne Landscape Supply from $168.00 to $183.00 and gave the company an "outperform" rating in a research report on Wednesday, October 16th. Jefferies Financial Group raised shares of SiteOne Landscape Supply from a "hold" rating to a "buy" rating and boosted their price objective for the company from $145.00 to $175.00 in a research report on Friday, December 6th. Barclays raised their target price on SiteOne Landscape Supply from $114.00 to $120.00 and gave the stock an "underweight" rating in a report on Thursday, October 31st. The Goldman Sachs Group began coverage on SiteOne Landscape Supply in a report on Thursday, October 10th. They set a "neutral" rating and a $158.00 price target for the company. Finally, StockNews.com cut SiteOne Landscape Supply from a "hold" rating to a "sell" rating in a research report on Monday. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $156.44.

SiteOne Landscape Supply Price Performance

Shares of NYSE:SITE traded up $0.80 during trading on Friday, hitting $147.47. 282,035 shares of the company's stock were exchanged, compared to its average volume of 309,896. The business's 50-day simple moving average is $140.71 and its 200 day simple moving average is $141.03. The company has a market cap of $6.65 billion, a price-to-earnings ratio of 47.72 and a beta of 1.56. SiteOne Landscape Supply, Inc. has a 52-week low of $114.60 and a 52-week high of $188.01. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 1.16.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $0.97 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.18 by ($0.21). SiteOne Landscape Supply had a net margin of 3.16% and a return on equity of 9.21%. The company had revenue of $1.21 billion for the quarter, compared to analysts' expectations of $1.19 billion. During the same period last year, the business earned $1.25 earnings per share. The company's quarterly revenue was up 5.6% compared to the same quarter last year. As a group, equities analysts predict that SiteOne Landscape Supply, Inc. will post 2.94 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Joseph Ketter sold 6,500 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $142.20, for a total transaction of $924,300.00. Following the completion of the transaction, the executive vice president now directly owns 12,942 shares in the company, valued at approximately $1,840,352.40. This represents a 33.43 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.70% of the company's stock.

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.