SiteOne Landscape Supply, Inc. (NYSE:SITE) Shares Bought by Bridge City Capital LLC

Bridge City Capital LLC lifted its stake in SiteOne Landscape Supply, Inc. (NYSE:SITE) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,820 shares of the industrial products company’s stock after acquiring an additional 240 shares during the period. Bridge City Capital LLC’s holdings in SiteOne Landscape Supply were worth $3,534,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Tidal Investments LLC lifted its stake in shares of SiteOne Landscape Supply by 1.5% in the 3rd quarter. Tidal Investments LLC now owns 5,166 shares of the industrial products company’s stock worth $780,000 after acquiring an additional 77 shares during the period. Arizona State Retirement System lifted its stake in SiteOne Landscape Supply by 0.6% during the fourth quarter. Arizona State Retirement System now owns 13,096 shares of the industrial products company’s stock valued at $1,726,000 after purchasing an additional 77 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in SiteOne Landscape Supply by 90.9% during the third quarter. Nomura Asset Management Co. Ltd. now owns 210 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 100 shares during the last quarter. Glenmede Trust Co. NA lifted its stake in SiteOne Landscape Supply by 2.3% during the third quarter. Glenmede Trust Co. NA now owns 5,279 shares of the industrial products company’s stock valued at $797,000 after purchasing an additional 119 shares during the last quarter. Finally, Tortoise Investment Management LLC lifted its stake in 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.

Analyst Ratings Changes

Several analysts recently commented on SITE shares. StockNews.com raised shares of SiteOne Landscape Supply from a “sell” rating to a “hold” rating in a research note on Sunday, March 16th. Jefferies Financial Group raised shares of SiteOne Landscape Supply from a “hold” rating to a “buy” rating and increased their target price for the company from $145.00 to $175.00 in a research note on Friday, December 6th. UBS Group cut 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. Stifel Nicolaus restated a “hold” rating and set a $140.00 price target (down previously from $145.00) on shares of SiteOne Landscape Supply in a report on Monday, February 10th. Finally, Robert W. Baird cut 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 report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, SiteOne Landscape Supply currently has a consensus rating of “Hold” and an average price target of $154.56.

SiteOne Landscape Supply Stock Up 0.1 %

SiteOne Landscape Supply stock opened at $122.03 on Friday. The firm has a market cap of $5.49 billion, a PE ratio of 45.37 and a beta of 1.69. 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 firm’s 50 day moving average price is $134.37 and its two-hundred day moving average price is $139.85. SiteOne Landscape Supply, Inc. has a twelve month low of $114.60 and a twelve month high of $186.42.

SiteOne Landscape Supply (NYSE:SITE) last released 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%. On average, research analysts predict that SiteOne Landscape Supply, Inc. will post 3.61 EPS 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.