13,441 Shares in SiteOne Landscape Supply, Inc. (NYSE:SITE) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new position in shares of SiteOne Landscape Supply, Inc. (NYSE:SITE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 13,441 shares of the industrial products company’s stock, valued at approximately $1,771,000.

Other large investors also recently modified their holdings of the company. KBC Group NV boosted its position in shares of SiteOne Landscape Supply by 19.7% during the 3rd quarter. KBC Group NV now owns 1,361 shares of the industrial products company’s stock valued at $205,000 after purchasing an additional 224 shares in the last quarter. OneDigital Investment Advisors LLC bought a new stake in SiteOne Landscape Supply during the 3rd quarter valued at $278,000. CIBC Asset Management Inc bought a new position in shares of SiteOne Landscape Supply in the third quarter valued at $200,000. Pathstone Holdings LLC boosted its stake in SiteOne Landscape Supply by 12.9% during the 3rd quarter. Pathstone Holdings LLC now owns 16,761 shares of the industrial products company’s stock valued at $2,529,000 after purchasing an additional 1,914 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of SiteOne Landscape Supply during the third quarter valued at approximately $1,906,000.

SiteOne Landscape Supply Stock Performance

Shares of SITE stock opened at $122.30 on Thursday. 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 has a market cap of $5.50 billion, a price-to-earnings ratio of 45.46 and a beta of 1.69. SiteOne Landscape Supply, Inc. has a 52 week low of $114.60 and a 52 week high of $188.01. The firm’s 50-day simple moving average is $134.64 and its two-hundred day simple moving average is $140.08.

SiteOne Landscape Supply (NYSE:SITE) last posted its quarterly earnings results on Wednesday, February 12th. The industrial products company reported ($0.48) 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%. As a group, equities analysts forecast that SiteOne Landscape Supply, Inc. will post 3.61 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SITE. Stifel Nicolaus reissued a “hold” rating and issued a $140.00 price target (down from $145.00) on shares of SiteOne Landscape Supply in a research report on Monday, February 10th. Robert W. Baird lowered their target price on shares of SiteOne Landscape Supply from $183.00 to $175.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. Royal Bank of Canada raised their price target on shares of SiteOne Landscape Supply from $129.00 to $136.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th. Jefferies Financial Group raised shares of SiteOne Landscape Supply from a “hold” rating to a “buy” rating and upped their price objective for the stock from $145.00 to $175.00 in a research report on Friday, December 6th. Finally, StockNews.com raised shares of SiteOne Landscape Supply from a “sell” rating to a “hold” rating in a research report on Sunday. One analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, SiteOne Landscape Supply has an average rating of “Hold” and an average target price of $154.56.

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.