DF Dent & Co. Inc. Has $88.49 Million Stock Position in SiteOne Landscape Supply, Inc. (NYSE:SITE)

DF Dent & Co. Inc. trimmed its position in SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) by 10.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 671,549 shares of the industrial products company's stock after selling 76,354 shares during the period. DF Dent & Co. Inc. owned 1.49% of SiteOne Landscape Supply worth $88,490,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Nomura Asset Management Co. Ltd. lifted its position in shares of SiteOne Landscape Supply by 90.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 210 shares of the industrial products company's stock worth $32,000 after buying an additional 100 shares during the last quarter. Trust Co. of Vermont boosted its stake in SiteOne Landscape Supply by 657.9% in the fourth quarter. Trust Co. of Vermont now owns 288 shares of the industrial products company's stock valued at $38,000 after acquiring an additional 250 shares during the period. Tortoise Investment Management LLC grew its holdings in shares of SiteOne Landscape Supply by 78.9% during the fourth quarter. Tortoise Investment Management LLC now owns 297 shares of the industrial products company's stock valued at $39,000 after purchasing an additional 131 shares during the last quarter. Brown Brothers Harriman & Co. lifted its holdings in shares of SiteOne Landscape Supply by 395.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 342 shares of the industrial products company's stock worth $45,000 after purchasing an additional 273 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in SiteOne Landscape Supply during the 3rd quarter valued at approximately $71,000.

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SiteOne Landscape Supply Stock Up 0.0 %

Shares of SITE stock traded up $0.04 on Tuesday, reaching $109.60. 232,224 shares of the company's stock traded hands, compared to its average volume of 393,299. SiteOne Landscape Supply, Inc. has a 12-month low of $104.53 and a 12-month high of $181.81. The company has a market capitalization of $4.93 billion, a P/E ratio of 40.74 and a beta of 1.62. 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 business's 50 day moving average price is $129.67 and its two-hundred day moving average price is $138.43.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The industrial products company reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.26) by ($0.22). SiteOne Landscape Supply had a return on equity of 7.93% and a net margin of 2.72%. On average, equities analysts forecast that SiteOne Landscape Supply, Inc. will post 3.61 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Stifel Nicolaus reiterated a "hold" rating and issued a $140.00 target price (down from $145.00) on shares of SiteOne Landscape Supply in a research note on Monday, February 10th. UBS Group reduced their target price on shares of SiteOne Landscape Supply from $185.00 to $182.00 and set a "buy" rating for the company in a research note on Thursday, February 13th. Robert W. Baird dropped their price target on shares of SiteOne Landscape Supply from $183.00 to $175.00 and set an "outperform" rating on the stock in a research note on Thursday, February 13th. Royal Bank of Canada boosted their price objective on SiteOne Landscape Supply from $129.00 to $136.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 13th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on SiteOne Landscape Supply in a research report on Tuesday, April 1st. They issued a "hold" rating and a $135.00 target price on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $151.10.

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.