SiteOne Landscape Supply, Inc. (NYSE:SITE) Stock Holdings Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in SiteOne Landscape Supply, Inc. (NYSE:SITE) by 2.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 552,907 shares of the industrial products company’s stock after purchasing an additional 14,909 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.23% of SiteOne Landscape Supply worth $72,857,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC grew its stake in SiteOne Landscape Supply by 71.2% in the third quarter. Barclays PLC now owns 48,398 shares of the industrial products company’s stock valued at $7,304,000 after purchasing an additional 20,134 shares in the last quarter. Holocene Advisors LP grew its stake in SiteOne Landscape Supply by 38.2% in the third quarter. Holocene Advisors LP now owns 51,625 shares of the industrial products company’s stock valued at $7,791,000 after purchasing an additional 14,269 shares in the last quarter. Algert Global LLC grew its stake in SiteOne Landscape Supply by 375.4% in the third quarter. Algert Global LLC now owns 29,506 shares of the industrial products company’s stock valued at $4,453,000 after purchasing an additional 23,300 shares in the last quarter. Janus Henderson Group PLC lifted its position in shares of SiteOne Landscape Supply by 36.5% in the third quarter. Janus Henderson Group PLC now owns 49,784 shares of the industrial products company’s stock worth $7,512,000 after buying an additional 13,314 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its position in shares of SiteOne Landscape Supply by 16.4% in the third quarter. Oppenheimer Asset Management Inc. now owns 35,269 shares of the industrial products company’s stock worth $5,322,000 after buying an additional 4,970 shares during the last quarter.

SiteOne Landscape Supply Price Performance

NYSE SITE opened at $124.18 on Wednesday. SiteOne Landscape Supply, Inc. has a twelve month low of $114.60 and a twelve month high of $188.01. 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 stock has a market capitalization of $5.58 billion, a PE ratio of 46.16 and a beta of 1.69. The stock has a 50-day simple moving average of $135.55 and a 200 day simple moving average of $140.85.

SiteOne Landscape Supply (NYSE:SITE) last posted 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 return on equity of 7.93% and a net margin of 2.72%. Research analysts anticipate that SiteOne Landscape Supply, Inc. will post 3.61 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. UBS Group reduced their price target 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. Jefferies Financial Group raised SiteOne Landscape Supply from a “hold” rating to a “buy” rating and boosted their price target for the stock from $145.00 to $175.00 in a research report on Friday, December 6th. Robert W. Baird reduced their price target on SiteOne Landscape Supply from $183.00 to $175.00 and set an “outperform” rating for the company in a research report on Thursday, February 13th. Royal Bank of Canada boosted their price target on SiteOne Landscape Supply from $129.00 to $136.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. Finally, StockNews.com cut SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a research report on Saturday. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $154.56.

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.