SiteOne Landscape Supply Inc (SITE) Shares Sold by Citadel Advisors LLC

Citadel Advisors LLC reduced its stake in SiteOne Landscape Supply Inc (NYSE:SITE) by 19.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,878 shares of the industrial products company’s stock after selling 2,319 shares during the period. Citadel Advisors LLC’s holdings in SiteOne Landscape Supply were worth $761,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of SITE. OppenheimerFunds Inc. lifted its stake in SiteOne Landscape Supply by 2.8% during the first quarter. OppenheimerFunds Inc. now owns 693,876 shares of the industrial products company’s stock valued at $53,457,000 after purchasing an additional 18,884 shares during the last quarter. GSA Capital Partners LLP lifted its stake in SiteOne Landscape Supply by 53.4% during the first quarter. GSA Capital Partners LLP now owns 12,261 shares of the industrial products company’s stock valued at $945,000 after purchasing an additional 4,270 shares during the last quarter. Stifel Financial Corp lifted its stake in SiteOne Landscape Supply by 19.0% during the first quarter. Stifel Financial Corp now owns 27,296 shares of the industrial products company’s stock valued at $2,095,000 after purchasing an additional 4,350 shares during the last quarter. Citigroup Inc. lifted its stake in SiteOne Landscape Supply by 9.5% during the first quarter. Citigroup Inc. now owns 12,891 shares of the industrial products company’s stock valued at $993,000 after purchasing an additional 1,122 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in SiteOne Landscape Supply by 41.2% during the first quarter. Dimensional Fund Advisors LP now owns 280,943 shares of the industrial products company’s stock valued at $21,644,000 after purchasing an additional 81,940 shares during the last quarter.

Several analysts recently commented on the stock. Royal Bank of Canada set a $87.00 target price on shares of SiteOne Landscape Supply and gave the company a “buy” rating in a research note on Monday, March 26th. Zacks Investment Research lowered shares of SiteOne Landscape Supply from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 25th. SunTrust Banks increased their target price on shares of SiteOne Landscape Supply to $89.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. Barclays reissued an “equal weight” rating and set a $67.00 target price (up from $65.00) on shares of SiteOne Landscape Supply in a research note on Wednesday, February 21st. Finally, Deutsche Bank increased their target price on shares of SiteOne Landscape Supply from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, May 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. SiteOne Landscape Supply currently has a consensus rating of “Buy” and an average target price of $78.17.



SITE stock opened at $90.52 on Friday. SiteOne Landscape Supply Inc has a 52-week low of $48.19 and a 52-week high of $91.36. The company has a current ratio of 2.48, a quick ratio of 0.99 and a debt-to-equity ratio of 2.89. The company has a market cap of $3.61 billion, a PE ratio of 74.81 and a beta of 1.49.

SiteOne Landscape Supply (NYSE:SITE) last released its quarterly earnings results on Wednesday, May 2nd. The industrial products company reported ($0.43) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.29) by ($0.14). SiteOne Landscape Supply had a net margin of 2.53% and a return on equity of 22.27%. The firm had revenue of $371.40 million for the quarter, compared to analyst estimates of $374.41 million. During the same quarter in the prior year, the firm earned ($0.26) EPS. The firm’s revenue was up 10.9% compared to the same quarter last year. equities research analysts anticipate that SiteOne Landscape Supply Inc will post 1.99 EPS for the current fiscal year.

In other SiteOne Landscape Supply news, EVP Pascal Convers sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, May 17th. The shares were sold at an average price of $80.73, for a total value of $2,421,900.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Ross Anker sold 6,080 shares of the company’s stock in a transaction that occurred on Monday, April 16th. The shares were sold at an average price of $78.09, for a total transaction of $474,787.20. Following the completion of the transaction, the executive vice president now owns 34,399 shares in the company, valued at approximately $2,686,217.91. The disclosure for this sale can be found here. Insiders have sold 93,901 shares of company stock worth $7,353,061 in the last 90 days. 4.40% of the stock is owned by company insiders.

SiteOne Landscape Supply Company Profile

SiteOne Landscape Supply, Inc, through its subsidiaries, engages in the wholesale distribution of landscape supplies in the United States and Canada. The company provides irrigation supplies; fertilizer and control products, such as herbicides; landscape accessories; nursery goods outdoor lighting; and ice melt products, as well as hardscapes, including pavers, natural stones, and blocks; turf protection products; grass seed; and turf care equipment and golf course maintenance supplies, as well as value-added consultative services to its customers.

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Institutional Ownership by Quarter for SiteOne Landscape Supply (NYSE:SITE)

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