Mitsubishi UFJ Kokusai Asset Management Co.Ltd.reduced its fair holdings of SiteOne Landscape Supply Inc (NYSE: SITE) by 39.5% this quarter, according to its last filing with the Securities and Exchange Commission (SEC). The institutional investor held 23,900 shares of corporate commercial products after promoting 15,600 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. owned approximately 0.06% of SiteOne Landscape Supply valued at $2,724,000 in its last filing with the Securities and Exchange Commission (SEC).
Several other major investors have also replaced their positions on SITE. Principal Financial Group Inc. increased its equity holdings of SiteOne Landscape Supply by 75.2% in the current quarter. Principal Financial Group Inc. now owns 6,901 shares of the Industrial Products Company valued at $787,000 after buying another 2,963 shares during the period. Ameritas Investment Partners Inc. increased its siteOne Landscape Supply equity holdings by 3.0% in the current quarter. Ameritas Investment Partners Inc. now holds 3,691 shares of the company’s shares of commercial products valued at $421,000 after buying 107 more shares during the period. Fifth Third Bancorp increased its siteOne Landscape Supply share holdings to 16.6% this quarter. Fifth Third Bancorp now owns 1,887 shares of the Industrial Products Company valued at $215,000 after buying 268 more shares during the period. The Swiss National Bank increased its stake in SiteOne Landscape Supply shares to 22.4% this quarter. The Swiss National Bank now holds 93,300 shares of corporate commercial products valued at $10,633,000 after buying another 17,100 shares during the period. Finally, Picton Mahoney Asset Management increased its equity holdings of SiteOne Landscape Supply by 72.6% in the current quarter. Picton Mahoney Asset Management now owns 35,205 Industrial Products Company shares valued at $4,011,000 after buying another 14,805 shares during the period.
NYSE SITE opened at $128.13 on Wednesday. SiteOne Landscape Supply Inc. has a minimum of $53.29 for one year and a maximum of $132.32. The Company has a debt ratio of 1.77, an existing ratio of 2.43 and an immediate ratio of 1.29. The company has a market capitalization of $5.38 billion, an EP index of 56.16 and a beta of 1.29. The 50-day moving inventory average is $118.55 and your 200-day moving average is $98.48.
SiteOne Landscape Supply (NYSE: SITE) last released its quarterly effects on Wednesday, July 29. The commercial product company reported EPS of $1.83 for the quarter, exceeding the consensus estimate of $1.36 from $0.47. SiteOne Landscape Supply had a 24.41% equity decline and a net margin of 4.00%. The company reported earnings of $817.70 million in the quarter, to $748.74 million for analysts. In the same quarter last year, the company earned $1.52 according to the stake. Corporate earnings for the quarter increased to 8.7% year-over-year. On average, equity research analysts expect SiteOne Landscape Supply Inc. to publish 1.92 EPS for the existing fiscal year.
Several analysts have recently commented on SITE’s actions. The Royal Bank of Canada increased its target value in SiteOne Landscape Supply from $99.00 to $106.00 and gave the inventory a “low performance” score on a study note on Thursday, July 30. TheStreet took a Step Forward SiteOne Landscape Supply from a “c” score to a “b” score on a study note on Monday, August 3. Zacks Investment Research improved SiteOne Landscape Supply from a “hold” score to a “strong buy” score and set a $126.00 value target in inventory in a study note on Thursday, June 4. UBS Group reduced SiteOne Landscape Supply’s score from a “neutral” score to a “sell” score and raised its percentage value target from $80.00 to $85.00 on a study note on Wednesday, July 8. Finally, SunTrust Banks increased its target value in SiteOne Landscape Supply from $114.00 to $130.00 and gave the inventory a “retention” score in a study report on Thursday, July 30. Two equity study analysts rated the inventory with a sales note, six gave a retention score, 4 issued an ase-and-take note, and one gave the company’s inventory a top buy mark. SiteOne Landscape Supply has an average score of “Keep” and an average value target of $97.44.
In other SiteOne Landscape Supply news, Executive Vice President L Briley Brisendine, Jr. sold 5,400 corporate inventory inventories in a transaction on Friday, July 10. The inventory was sold at an average value of $106.02 for a total transaction of $572,508.00. After the final sale, the Executive Vice President now has 24,634 company inventories, at a cost of $2,611,696.68. The transaction disclosed in a legal file with the SEC, which will be obtained through this hyperlink. In addition, CEO Doug Black sold 15,000 inventories of the company’s inventories in a transaction on Friday, June 19. The inventory was sold at an average value of $110.14, for a total cost of $1,652,100.00. Disclosure of this sale can be found here. Over the more than 90 days, beginners have sold 35,400 corporate cost inventories at $3,826,608. Initiates own 3.49% of the company’s inventories.
SiteOne Landscape Supply Profile
SiteOne Landscape Supply, Inc. is engaged in the wholesale distribution of gardening materials in the United States and Canada. The corporate delivers a variety of approximately 120,000 stock control units, adding irrigation materials, fertilizers and products, gardening accessories, nursery products, outdoor lighting and ice melting products, as well as harsh landscapes such as cobblestones, stones and herb blocks.
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