McCollum Christoferson Group LLC Sells 210 Shares of SiteOne Landscape Supply, Inc. (NYSE:SITE)

McCollum Christoferson Group LLC lowered its position in SiteOne Landscape Supply, Inc. (NYSE:SITE) by 0.4% in the 4th quarter, Holdings Channel reports. The fund owned 57,667 shares of the industrial products company’s stock after selling 210 shares during the quarter. SiteOne Landscape Supply accounts for 2.2% of McCollum Christoferson Group LLC’s holdings, making the stock its 22nd biggest holding. McCollum Christoferson Group LLC’s holdings in SiteOne Landscape Supply were worth $7,599,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SITE. Barclays PLC boosted its stake in SiteOne Landscape Supply by 71.2% during the third quarter. Barclays PLC now owns 48,398 shares of the industrial products company’s stock worth $7,304,000 after acquiring an additional 20,134 shares in the last quarter. Holocene Advisors LP boosted its position in shares of SiteOne Landscape Supply by 38.2% in the 3rd quarter. Holocene Advisors LP now owns 51,625 shares of the industrial products company’s stock worth $7,791,000 after purchasing an additional 14,269 shares in the last quarter. Algert Global LLC increased its position in SiteOne Landscape Supply by 375.4% during the 3rd quarter. Algert Global LLC now owns 29,506 shares of the industrial products company’s stock valued at $4,453,000 after buying an additional 23,300 shares in the last quarter. Janus Henderson Group PLC increased its position in SiteOne Landscape Supply by 36.5% during the 3rd quarter. Janus Henderson Group PLC now owns 49,784 shares of the industrial products company’s stock valued at $7,512,000 after buying an additional 13,314 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in SiteOne Landscape Supply by 5.8% during the third quarter. JPMorgan Chase & Co. now owns 528,873 shares of the industrial products company’s stock valued at $79,812,000 after buying an additional 29,025 shares during the last quarter.

Wall Street Analyst Weigh In

SITE has been the subject of several analyst reports. Jefferies Financial Group upgraded SiteOne Landscape Supply from a “hold” rating to a “buy” rating and raised their price target for the company from $145.00 to $175.00 in a report on Friday, December 6th. Robert W. Baird reduced their price objective on shares of SiteOne Landscape Supply from $183.00 to $175.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th. StockNews.com upgraded shares of SiteOne Landscape Supply from a “sell” rating to a “hold” rating in a research note on Sunday, March 16th. Royal Bank of Canada raised their price target on shares of SiteOne Landscape Supply from $129.00 to $136.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th. Finally, UBS Group lowered their price objective 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. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $154.56.

SiteOne Landscape Supply Trading Up 0.1 %

NYSE:SITE opened at $122.03 on Monday. The company has a market cap of $5.49 billion, a PE ratio of 45.37 and a beta of 1.69. The company has a current ratio of 2.53, a quick ratio of 1.16 and a debt-to-equity ratio of 0.31. The company has a 50 day simple moving average of $134.37 and a two-hundred day simple moving average of $139.88. SiteOne Landscape Supply, Inc. has a 12 month low of $114.60 and a 12 month high of $186.42.

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 the consensus estimate of ($0.26) by ($0.22). SiteOne Landscape Supply had a return on equity of 7.93% and a net margin of 2.72%. Research analysts forecast that SiteOne Landscape Supply, Inc. will post 3.61 earnings per share for the current year.

SiteOne Landscape Supply Company Profile

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.