SiteOne Landscape Supply, Inc. (NYSE:SITE) Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. raised its holdings in shares of SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) by 77.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,020 shares of the industrial products company's stock after purchasing an additional 24,407 shares during the quarter. Rockefeller Capital Management L.P. owned 0.12% of SiteOne Landscape Supply worth $7,382,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Tidal Investments LLC grew its position in shares of SiteOne Landscape Supply by 1.5% during the third quarter. Tidal Investments LLC now owns 5,166 shares of the industrial products company's stock worth $780,000 after buying an additional 77 shares in the last quarter. Arizona State Retirement System boosted its stake in SiteOne Landscape Supply by 0.6% during the 4th quarter. Arizona State Retirement System now owns 13,096 shares of the industrial products company's stock valued at $1,726,000 after acquiring an additional 77 shares during the last quarter. HighPoint Advisor Group LLC grew its holdings in SiteOne Landscape Supply by 4.0% during the 4th quarter. HighPoint Advisor Group LLC now owns 2,037 shares of the industrial products company's stock worth $271,000 after acquiring an additional 78 shares in the last quarter. Treasurer of the State of North Carolina increased its position in shares of SiteOne Landscape Supply by 0.7% in the 4th quarter. Treasurer of the State of North Carolina now owns 19,611 shares of the industrial products company's stock worth $2,584,000 after purchasing an additional 130 shares during the last quarter. Finally, Tortoise Investment Management LLC raised its stake in shares of SiteOne Landscape Supply by 78.9% in the 4th 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 in the last quarter.

SiteOne Landscape Supply Stock Performance

SITE stock traded up $3.92 during mid-day trading on Tuesday, reaching $113.84. The company had a trading volume of 802,990 shares, compared to its average volume of 411,164. SiteOne Landscape Supply, Inc. has a one year low of $101.25 and a one year high of $166.34. The stock has a market capitalization of $5.12 billion, a P/E ratio of 42.32 and a beta of 1.62. The company has a quick ratio of 1.16, a current ratio of 2.53 and a debt-to-equity ratio of 0.31. The stock's 50-day simple moving average is $122.68 and its two-hundred day simple moving average is $135.19.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last issued its quarterly earnings data 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%. Research analysts anticipate that SiteOne Landscape Supply, Inc. will post 3.61 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Stifel Nicolaus reiterated a "hold" rating and issued a $140.00 price target (down from $145.00) on shares of SiteOne Landscape Supply in a research note on Monday, February 10th. UBS Group decreased their target price on SiteOne Landscape Supply from $185.00 to $182.00 and set a "buy" rating for the company in a research report on Thursday, February 13th. Robert W. Baird dropped their price target on SiteOne Landscape Supply from $183.00 to $175.00 and set an "outperform" rating on the stock in a research report on Thursday, February 13th. Barclays decreased their price objective on shares of SiteOne Landscape Supply from $120.00 to $106.00 and set an "underweight" rating for the company in a report on Tuesday, April 8th. Finally, Royal Bank of Canada boosted 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. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, SiteOne Landscape Supply currently has an average rating of "Hold" and an average price target of $149.70.

SiteOne Landscape Supply Company 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.