SiteOne Landscape Supply Inc (SITE) EVP Sells $474,787.20 in Stock

SiteOne Landscape Supply Inc (NYSE:SITE) EVP Ross Anker sold 6,080 shares of the business’s stock in a transaction on Monday, April 16th. The shares were sold at an average price of $78.09, for a total value of $474,787.20. Following the completion of the sale, the executive vice president now owns 34,399 shares in the company, valued at $2,686,217.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Ross Anker also recently made the following trade(s):

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  • On Thursday, March 15th, Ross Anker sold 6,080 shares of SiteOne Landscape Supply stock. The shares were sold at an average price of $73.03, for a total value of $444,022.40.
  • On Thursday, February 15th, Ross Anker sold 6,080 shares of SiteOne Landscape Supply stock. The shares were sold at an average price of $77.19, for a total value of $469,315.20.

Shares of NYSE:SITE traded down $0.72 during midday trading on Wednesday, reaching $78.64. 190,425 shares of the company traded hands, compared to its average volume of 277,509. The company has a debt-to-equity ratio of 2.19, a quick ratio of 1.28 and a current ratio of 2.92. SiteOne Landscape Supply Inc has a 12 month low of $46.54 and a 12 month high of $80.56. The firm has a market cap of $3,132.76, a price-to-earnings ratio of 64.89 and a beta of 1.32.

SiteOne Landscape Supply (NYSE:SITE) last released its quarterly earnings data on Tuesday, February 20th. The industrial products company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.05. SiteOne Landscape Supply had a return on equity of 27.59% and a net margin of 2.93%. The company had revenue of $415.70 million for the quarter, compared to analyst estimates of $410.38 million. During the same period in the previous year, the company posted ($0.14) EPS. The firm’s revenue for the quarter was up 14.9% compared to the same quarter last year. equities analysts predict that SiteOne Landscape Supply Inc will post 1.9 EPS for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the stock. Xact Kapitalforvaltning AB bought a new stake in shares of SiteOne Landscape Supply during the 4th quarter valued at $294,000. We Are One Seven LLC bought a new stake in shares of SiteOne Landscape Supply during the 4th quarter valued at $156,000. BB&T Securities LLC raised its stake in shares of SiteOne Landscape Supply by 11.5% during the 4th quarter. BB&T Securities LLC now owns 17,059 shares of the industrial products company’s stock valued at $1,308,000 after purchasing an additional 1,755 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its stake in shares of SiteOne Landscape Supply by 20.5% during the 4th quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 4,580 shares of the industrial products company’s stock valued at $349,000 after purchasing an additional 780 shares during the period. Finally, Two Sigma Advisers LP raised its stake in shares of SiteOne Landscape Supply by 8.0% during the 4th quarter. Two Sigma Advisers LP now owns 197,716 shares of the industrial products company’s stock valued at $15,165,000 after purchasing an additional 14,685 shares during the period.

Several brokerages have issued reports on SITE. Zacks Investment Research upgraded SiteOne Landscape Supply from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Barclays restated an “equal weight” rating and issued a $67.00 target price (up from $65.00) on shares of SiteOne Landscape Supply in a research note on Wednesday, February 21st. SunTrust Banks boosted their target price on SiteOne Landscape Supply to $89.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. UBS set a $71.00 target price on SiteOne Landscape Supply and gave the company a “sell” rating in a research note on Wednesday, February 21st. Finally, Royal Bank of Canada set a $85.00 target price on SiteOne Landscape Supply and gave the company a “buy” rating in a research note on Wednesday, February 14th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $74.67.

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SiteOne Landscape Supply Company Profile

SiteOne Landscape Supply, Inc is a national wholesale distributor of landscape supplies in the United States and Canada. The Company is a supplier of irrigation, landscape lighting, hardscapes, lawn care supplies, nursery stock, and landscape accessories to green industry professionals. As of October 2, 2016, the Company had over 450 stores.

Insider Buying and Selling by Quarter for SiteOne Landscape Supply (NYSE:SITE)

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