State of Wisconsin Investment Board increased its stake in shares of SiteOne Landscape Supply Inc. (NYSE:SITE) by 1.0% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 101,000 shares of the company’s stock after buying an additional 1,000 shares during the period. State of Wisconsin Investment Board owned 0.26% of SiteOne Landscape Supply worth $3,629,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Lord Abbett & CO. LLC acquired a new stake in shares of SiteOne Landscape Supply during the second quarter valued at approximately $35,971,000. Massachusetts Financial Services Co. MA acquired a new stake in shares of SiteOne Landscape Supply during the second quarter valued at approximately $33,679,000. Citadel Advisors LLC acquired a new stake in shares of SiteOne Landscape Supply during the second quarter valued at approximately $21,690,000. Jennison Associates LLC acquired a new stake in shares of SiteOne Landscape Supply during the second quarter valued at approximately $19,528,000. Finally, Alliancebernstein L.P. acquired a new stake in shares of SiteOne Landscape Supply during the second quarter valued at approximately $17,321,000. Hedge funds and other institutional investors own 76.57% of the company’s stock.

Institutional Ownership by Quarter for SiteOne Landscape Supply (NYSE:SITE)

Shares of SiteOne Landscape Supply Inc. (NYSE:SITE) traded down 3.79% during midday trading on Tuesday, hitting $33.74. 1,403,951 shares of the stock traded hands. SiteOne Landscape Supply Inc. has a 52 week low of $25.49 and a 52 week high of $40.97. The company’s market capitalization is $1.33 billion. The firm’s 50-day moving average is $33.01 and its 200 day moving average is $34.47.

SiteOne Landscape Supply (NYSE:SITE) last issued its quarterly earnings results on Monday, November 7th. The company reported $0.36 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by $0.08. The firm earned $444.50 million during the quarter, compared to analysts’ expectations of $465.84 million. SiteOne Landscape Supply had a return on equity of 33.19% and a net margin of 1.86%. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. Equities analysts forecast that SiteOne Landscape Supply Inc. will post ($2.85) earnings per share for the current year.

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SiteOne Landscape Supply Company Profile

SiteOne Landscape Supply, Inc is a wholesale distributor of landscape supplies in the United States. The Company, through its North American network of approximately 460 branch locations in over 40 states and five provinces, offers a selection of approximately 90,000 stock keeping units (SKUs), including irrigation supplies, fertilizer and control products, landscape accessories, nursery goods, hardscapes (including pavers, natural stones and blocks), outdoor lighting and ice melt products.

5 Day Chart for NYSE:SITE

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