Crown Oak Advisors LLC Has $6.74 Million Stock Holdings in SiteOne Landscape Supply, Inc. (NYSE:SITE)

Crown Oak Advisors LLC grew its position in SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) by 4.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 55,476 shares of the industrial products company's stock after buying an additional 2,392 shares during the period. SiteOne Landscape Supply accounts for approximately 3.4% of Crown Oak Advisors LLC's investment portfolio, making the stock its 15th largest holding. Crown Oak Advisors LLC owned approximately 0.12% of SiteOne Landscape Supply worth $6,737,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Arizona State Retirement System boosted its stake in SiteOne Landscape Supply by 0.6% in 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 acquiring an additional 77 shares during the last quarter. HighPoint Advisor Group LLC lifted its stake in shares of SiteOne Landscape Supply by 4.0% in the 4th quarter. HighPoint Advisor Group LLC now owns 2,037 shares of the industrial products company's stock valued at $271,000 after purchasing an additional 78 shares during the period. State of Wyoming boosted its position in shares of SiteOne Landscape Supply by 6.2% in the 4th quarter. State of Wyoming now owns 1,389 shares of the industrial products company's stock worth $183,000 after purchasing an additional 81 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of SiteOne Landscape Supply by 24.3% in the 1st quarter. GAMMA Investing LLC now owns 486 shares of the industrial products company's stock worth $59,000 after purchasing an additional 95 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its stake in shares of SiteOne Landscape Supply by 0.7% during the fourth quarter. Treasurer of the State of North Carolina now owns 19,611 shares of the industrial products company's stock worth $2,584,000 after purchasing an additional 130 shares during the period.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on SITE shares. Barclays cut their target price on SiteOne Landscape Supply from $120.00 to $106.00 and set an "underweight" rating on the stock in a research note on Tuesday, April 8th. Royal Bank Of Canada cut their price target on shares of SiteOne Landscape Supply from $136.00 to $130.00 and set a "sector perform" rating on the stock in a research report on Thursday, May 1st. Truist Financial decreased their price objective on shares of SiteOne Landscape Supply from $165.00 to $145.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Wall Street Zen upgraded shares of SiteOne Landscape Supply from a "sell" rating to a "hold" rating in a report on Thursday, May 1st. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of SiteOne Landscape Supply in a report on Tuesday, April 1st. They issued a "hold" rating and a $135.00 price target for the company. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $145.70.

SiteOne Landscape Supply Stock Performance

Shares of SITE opened at $116.70 on Wednesday. The firm has a market cap of $5.23 billion, a P/E ratio of 46.49, a PEG ratio of 1.96 and a beta of 1.56. SiteOne Landscape Supply, Inc. has a twelve month low of $101.25 and a twelve month high of $160.75. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.97 and a current ratio of 2.36. The firm's 50 day moving average price is $118.24 and its two-hundred day moving average price is $127.95.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The industrial products company reported ($0.61) EPS for the quarter, missing analysts' consensus estimates of ($0.50) by ($0.11). The company had revenue of $939.40 million for the quarter, compared to analyst estimates of $933.90 million. SiteOne Landscape Supply had a return on equity of 7.31% and a net margin of 2.53%. The company's revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.43) earnings per share. On average, analysts forecast that SiteOne Landscape Supply, Inc. will post 3.61 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.

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