SiteOne Landscape Supply, Inc. (NYSE:SITE) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its holdings in shares of SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) by 4.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 631,328 shares of the industrial products company's stock after purchasing an additional 27,409 shares during the period. Dimensional Fund Advisors LP owned approximately 1.40% of SiteOne Landscape Supply worth $83,190,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of SITE. Tidal Investments LLC grew its holdings in shares of SiteOne Landscape Supply by 1.5% during the third quarter. Tidal Investments LLC now owns 5,166 shares of the industrial products company's stock worth $780,000 after buying an additional 77 shares during the last quarter. Arizona State Retirement System grew its stake in shares of SiteOne Landscape Supply by 0.6% in the 4th quarter. Arizona State Retirement System now owns 13,096 shares of the industrial products company's stock valued at $1,726,000 after purchasing an additional 77 shares during the last quarter. HighPoint Advisor Group LLC increased its holdings in shares of SiteOne Landscape Supply by 4.0% in the fourth 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. Treasurer of the State of North Carolina raised 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 last quarter. Finally, Tortoise Investment Management LLC lifted its holdings in shares of SiteOne Landscape Supply by 78.9% during the fourth quarter. Tortoise Investment Management LLC now owns 297 shares of the industrial products company's stock worth $39,000 after purchasing an additional 131 shares during the period.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. StockNews.com downgraded shares of SiteOne Landscape Supply from a "hold" rating to a "sell" rating in a research report on Wednesday, April 23rd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of SiteOne Landscape Supply in a research report on Tuesday, April 1st. They issued a "hold" rating and a $135.00 price objective for the company. UBS Group dropped their target price on SiteOne Landscape Supply from $185.00 to $182.00 and set a "buy" rating on the stock in a research report on Thursday, February 13th. Loop Capital reduced their price target on SiteOne Landscape Supply from $150.00 to $125.00 and set a "hold" rating for the company in a report on Friday, April 4th. Finally, Barclays dropped their price objective on SiteOne Landscape Supply from $120.00 to $106.00 and set an "underweight" rating on the stock in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, SiteOne Landscape Supply currently has an average rating of "Hold" and an average target price of $148.30.

SiteOne Landscape Supply Price Performance

Shares of NYSE:SITE opened at $113.39 on Wednesday. SiteOne Landscape Supply, Inc. has a one year low of $101.25 and a one year high of $161.25. The stock has a market cap of $5.10 billion, a PE ratio of 42.15 and a beta of 1.62. The business's fifty day moving average price is $119.81 and its two-hundred day moving average price is $134.17. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.16 and a current ratio of 2.53.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last released its earnings results on Wednesday, February 12th. The industrial products company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.26) by ($0.22). SiteOne Landscape Supply had a net margin of 2.72% and a return on equity of 7.93%. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.