Tudor Investment Corp Et Al reduced its position in SiteOne Landscape Supply Inc (NYSE:SITE) by 67.8% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 4,072 shares of the industrial products company’s stock after selling 8,585 shares during the quarter. Tudor Investment Corp Et Al’s holdings in SiteOne Landscape Supply were worth $464,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Tower Research Capital LLC TRC acquired a new position in shares of SiteOne Landscape Supply during the 1st quarter worth $54,000. Harvest Fund Management Co. Ltd acquired a new position in shares of SiteOne Landscape Supply during the 1st quarter worth $65,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of SiteOne Landscape Supply by 8.7% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,911 shares of the industrial products company’s stock worth $214,000 after purchasing an additional 233 shares during the period. Fifth Third Bancorp grew its stake in shares of SiteOne Landscape Supply by 16.6% during the 2nd quarter. Fifth Third Bancorp now owns 1,887 shares of the industrial products company’s stock worth $215,000 after purchasing an additional 268 shares during the period. Finally, Keybank National Association OH acquired a new position in shares of SiteOne Landscape Supply during the 2nd quarter worth $215,000.

In related news, CEO Doug Black sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $106.80, for a total value of $1,602,000.00. Following the transaction, the chief executive officer now owns 383,065 shares in the company, valued at $40,911,342. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP L Briley Brisendine, Jr. sold 5,400 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $126.15, for a total transaction of $681,210.00. Following the completion of the transaction, the executive vice president now owns 24,634 shares in the company, valued at approximately $3,107,579.10. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 40,800 shares of company stock worth $4,507,818. Insiders own 3.49% of the company’s stock.

Shares of SITE stock opened at $118.73 on Wednesday. The firm has a market cap of $4.99 billion, a P/E ratio of 52.07 and a beta of 1.20. SiteOne Landscape Supply Inc has a 1-year low of $53.29 and a 1-year high of $132.32. The company has a debt-to-equity ratio of 1.77, a current ratio of 2.43 and a quick ratio of 1.29. The firm’s 50-day simple moving average is $122.99 and its 200-day simple moving average is $100.92.

SiteOne Landscape Supply (NYSE:SITE) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.83 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $0.47. The business had revenue of $817.70 million for the quarter, compared to analyst estimates of $748.74 million. SiteOne Landscape Supply had a net margin of 4.00% and a return on equity of 24.41%. The company’s revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.52 EPS. Analysts expect that SiteOne Landscape Supply Inc will post 2.16 earnings per share for the current fiscal year.

A number of brokerages recently commented on SITE. TheStreet raised shares of SiteOne Landscape Supply from a “c+” rating to a “b” rating in a research note on Monday, August 3rd. SunTrust Banks increased their price objective on shares of SiteOne Landscape Supply from $114.00 to $130.00 and gave the company a “hold” rating in a research note on Thursday, July 30th. Zacks Investment Research raised shares of SiteOne Landscape Supply from a “hold” rating to a “strong-buy” rating and set a $126.00 price objective on the stock in a research note on Thursday, June 4th. Jefferies Financial Group reissued a “buy” rating and issued a $150.00 price objective on shares of SiteOne Landscape Supply in a research note on Tuesday, August 11th. Finally, Robert W. Baird raised shares of SiteOne Landscape Supply from a “neutral” rating to an “outperform” rating and set a $135.00 price objective on the stock in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $105.33.

SiteOne Landscape Supply Profile

SiteOne Landscape Supply, Inc engages in the wholesale distribution of landscape supplies in the United States and Canada. The company provides a selection of approximately 120,000 stock keeping units, including irrigation supplies, fertilizer and control products, landscape accessories, nursery goods, outdoor lightings, and ice melt products, as well as hardscapes, such as pavers, natural stones, and blocks.

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

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