SiteOne Landscape Supply, Inc. (NYSE:SITE) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC decreased its holdings in SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) by 3.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 171,936 shares of the industrial products company's stock after selling 5,782 shares during the period. Natixis Advisors LLC owned about 0.38% of SiteOne Landscape Supply worth $22,656,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Impact Capital Partners LLC bought a new position in shares of SiteOne Landscape Supply in the 4th quarter worth $360,000. Skandinaviska Enskilda Banken AB publ grew its stake in SiteOne Landscape Supply by 320.6% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 226,300 shares of the industrial products company's stock valued at $29,713,000 after purchasing an additional 172,500 shares during the last quarter. Swiss National Bank raised its holdings in SiteOne Landscape Supply by 0.6% in the fourth quarter. Swiss National Bank now owns 88,800 shares of the industrial products company's stock worth $11,701,000 after purchasing an additional 500 shares in the last quarter. Tortoise Investment Management LLC lifted its position 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 buying an additional 131 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of SiteOne Landscape Supply by 7.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,072 shares of the industrial products company's stock valued at $1,591,000 after buying an additional 865 shares in the last quarter.

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Analyst Upgrades and Downgrades

Several research firms recently commented on SITE. Robert W. Baird reduced their price objective on shares of SiteOne Landscape Supply from $183.00 to $175.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. UBS Group decreased their price objective on SiteOne Landscape Supply from $185.00 to $182.00 and set a "buy" rating for the company in a report on Thursday, February 13th. Jefferies Financial Group raised SiteOne Landscape Supply from a "hold" rating to a "buy" rating and raised their price objective for the stock from $145.00 to $175.00 in a research report on Friday, December 6th. Stifel Nicolaus reaffirmed a "hold" rating and set a $140.00 target price (down from $145.00) on shares of SiteOne Landscape Supply in a research report on Monday, February 10th. Finally, Royal Bank of Canada increased their price target on 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 research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $154.56.

SiteOne Landscape Supply Stock Performance

Shares of NYSE:SITE traded up $0.15 during trading on Friday, hitting $122.03. The stock had a trading volume of 890,325 shares, compared to its average volume of 375,523. The company has a quick ratio of 1.16, a current ratio of 2.53 and a debt-to-equity ratio of 0.31. SiteOne Landscape Supply, Inc. has a 12-month low of $114.60 and a 12-month high of $188.01. The stock has a market capitalization of $5.49 billion, a price-to-earnings ratio of 45.37 and a beta of 1.69. The stock has a 50-day simple moving average of $134.49 and a two-hundred day simple moving average of $139.95.

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) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 research analysts expect that SiteOne Landscape Supply, Inc. will post 3.61 earnings per share for the current fiscal year.

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.