Buckhead Capital Management LLC Acquires 174 Shares of SiteOne Landscape Supply, Inc. (NYSE:SITE)

Buckhead Capital Management LLC boosted its holdings in shares of SiteOne Landscape Supply, Inc. (NYSE:SITE) by 8.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,230 shares of the industrial products company’s stock after acquiring an additional 174 shares during the quarter. Buckhead Capital Management LLC’s holdings in SiteOne Landscape Supply were worth $294,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SITE. Bamco Inc. NY lifted its stake in shares of SiteOne Landscape Supply by 8.9% in the third quarter. Bamco Inc. NY now owns 1,580,342 shares of the industrial products company’s stock worth $238,489,000 after acquiring an additional 129,252 shares during the period. Wasatch Advisors LP increased its position in shares of SiteOne Landscape Supply by 11.4% during the third quarter. Wasatch Advisors LP now owns 1,577,651 shares of the industrial products company’s stock worth $238,083,000 after buying an additional 161,846 shares during the period. Conestoga Capital Advisors LLC raised its stake in SiteOne Landscape Supply by 2.7% during the fourth quarter. Conestoga Capital Advisors LLC now owns 1,167,454 shares of the industrial products company’s stock worth $153,835,000 after buying an additional 30,725 shares during the last quarter. Geode Capital Management LLC raised its stake in SiteOne Landscape Supply by 0.5% during the third quarter. Geode Capital Management LLC now owns 717,975 shares of the industrial products company’s stock worth $108,381,000 after buying an additional 3,434 shares during the last quarter. Finally, Geneva Capital Management LLC lifted its holdings in SiteOne Landscape Supply by 1.5% in the third quarter. Geneva Capital Management LLC now owns 626,101 shares of the industrial products company’s stock valued at $94,485,000 after buying an additional 9,209 shares during the period.

Insider Buying and Selling

In other SiteOne Landscape Supply news, EVP Joseph Ketter sold 6,500 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $142.20, for a total value of $924,300.00. Following the completion of the sale, the executive vice president now directly owns 12,942 shares of the company’s stock, valued at approximately $1,840,352.40. This represents a 33.43 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Stifel Nicolaus restated a “hold” rating and set a $140.00 target price (down previously from $145.00) on shares of SiteOne Landscape Supply in a research report on Monday. Jefferies Financial Group raised shares of SiteOne Landscape Supply from a “hold” rating to a “buy” rating and increased their target price for the stock from $145.00 to $175.00 in a research note on Friday, December 6th. StockNews.com cut shares of SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a report on Thursday. Royal Bank of Canada increased their price objective on shares of SiteOne Landscape Supply from $129.00 to $136.00 and gave the stock a “sector perform” rating in a research report on Thursday. Finally, Robert W. Baird reduced their target price on SiteOne Landscape Supply from $183.00 to $175.00 and set an “outperform” rating for the company in a research note on Thursday. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $154.56.

SiteOne Landscape Supply Trading Up 3.1 %

NYSE:SITE opened at $141.19 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 1.16. SiteOne Landscape Supply, Inc. has a one year low of $114.60 and a one year high of $188.01. The company has a market cap of $6.37 billion, a PE ratio of 45.69 and a beta of 1.57. The firm has a 50-day moving average of $138.24 and a 200-day moving average of $141.45.

SiteOne Landscape Supply (NYSE:SITE) last issued its quarterly earnings data 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 9.21% and a net margin of 3.16%. As a group, equities research analysts expect that SiteOne Landscape Supply, Inc. will post 2.94 EPS for the current fiscal year.

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.