31,613 Shares in SiteOne Landscape Supply, Inc. (NYSE:SITE) Acquired by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. acquired a new stake in SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 31,613 shares of the industrial products company's stock, valued at approximately $4,771,000. Rockefeller Capital Management L.P. owned approximately 0.07% of SiteOne Landscape Supply as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SITE. Cetera Advisors LLC purchased a new stake in shares of SiteOne Landscape Supply during the 1st quarter worth approximately $708,000. Cetera Investment Advisers increased its stake in SiteOne Landscape Supply by 143.8% in the 1st quarter. Cetera Investment Advisers now owns 12,281 shares of the industrial products company's stock valued at $2,144,000 after buying an additional 7,244 shares during the period. Algert Global LLC increased its stake in SiteOne Landscape Supply by 375.4% in the 3rd quarter. Algert Global LLC now owns 29,506 shares of the industrial products company's stock valued at $4,453,000 after buying an additional 23,300 shares during the period. Swedbank AB grew its stake in shares of SiteOne Landscape Supply by 6.3% during the 2nd quarter. Swedbank AB now owns 102,000 shares of the industrial products company's stock worth $12,384,000 after purchasing an additional 6,000 shares during the period. Finally, 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 worth $1,217,000 after purchasing an additional 447 shares during the period.

Analyst Ratings Changes

SITE has been the topic of a number of recent analyst reports. Robert W. Baird upped their price target on shares of SiteOne Landscape Supply from $168.00 to $183.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 16th. The Goldman Sachs Group initiated coverage on shares of SiteOne Landscape Supply in a research note on Thursday, October 10th. They set a "neutral" rating and a $158.00 price target on the stock. Barclays upped their price target on shares of SiteOne Landscape Supply from $114.00 to $120.00 and gave the stock an "underweight" rating in a research note on Thursday, October 31st. Finally, StockNews.com raised shares of SiteOne Landscape Supply from a "sell" rating to a "hold" rating in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, SiteOne Landscape Supply has an average rating of "Hold" and a consensus target price of $147.80.

Insider Transactions at SiteOne Landscape Supply

In other news, EVP Joseph Ketter sold 6,500 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $142.20, for a total transaction of $924,300.00. Following the transaction, the executive vice president now directly owns 12,942 shares in the company, valued at $1,840,352.40. This represents a 33.43 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 2.70% of the company's stock.

SiteOne Landscape Supply Trading Down 2.1 %

NYSE:SITE traded down $3.18 on Thursday, reaching $145.37. The stock had a trading volume of 74,196 shares, compared to its average volume of 359,884. The company has a market cap of $6.56 billion, a price-to-earnings ratio of 48.07 and a beta of 1.54. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 1.16. The firm's fifty day moving average is $146.46 and its two-hundred day moving average is $140.27. SiteOne Landscape Supply, Inc. has a 12-month low of $114.60 and a 12-month high of $188.01.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last released its earnings results 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). The firm had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $1.19 billion. SiteOne Landscape Supply had a net margin of 3.16% and a return on equity of 9.21%. SiteOne Landscape Supply's revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter last year, the company posted $1.25 earnings per share. Equities analysts expect that SiteOne Landscape Supply, Inc. will post 3.41 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.