Boston Advisors LLC boosted its holdings in SiteOne Landscape Supply, Inc. (NYSE:SITE) by 12.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,325 shares of the industrial products company’s stock after acquiring an additional 2,110 shares during the quarter. Boston Advisors LLC’s holdings in SiteOne Landscape Supply were worth $1,123,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in SITE. Ameritas Investment Partners Inc. raised its position in SiteOne Landscape Supply by 223.8% in the second quarter. Ameritas Investment Partners Inc. now owns 2,937 shares of the industrial products company’s stock worth $153,000 after acquiring an additional 2,030 shares in the last quarter. Advisor Group Inc. raised its position in SiteOne Landscape Supply by 156.6% in the second quarter. Advisor Group Inc. now owns 3,192 shares of the industrial products company’s stock worth $165,000 after acquiring an additional 1,948 shares in the last quarter. Great West Life Assurance Co. Can raised its position in SiteOne Landscape Supply by 191.5% in the second quarter. Great West Life Assurance Co. Can now owns 3,789 shares of the industrial products company’s stock worth $197,000 after acquiring an additional 2,489 shares in the last quarter. Amalgamated Bank purchased a new position in SiteOne Landscape Supply in the second quarter worth $201,000. Finally, BNP Paribas Arbitrage SA raised its position in SiteOne Landscape Supply by 1,167.2% in the second quarter. BNP Paribas Arbitrage SA now owns 4,283 shares of the industrial products company’s stock worth $223,000 after acquiring an additional 3,945 shares in the last quarter.

SiteOne Landscape Supply, Inc. (SITE) opened at 62.73 on Tuesday. The stock has a market cap of $2.49 billion, a PE ratio of 58.63 and a beta of 2.23. The stock has a 50 day moving average price of $59.15 and a 200-day moving average price of $52.95. SiteOne Landscape Supply, Inc. has a 12 month low of $26.60 and a 12 month high of $63.90.

SiteOne Landscape Supply (NYSE:SITE) last posted its quarterly earnings data on Wednesday, August 9th. The industrial products company reported $1.07 EPS for the quarter, missing the Zacks’ consensus estimate of $1.11 by ($0.04). SiteOne Landscape Supply had a return on equity of 27.37% and a net margin of 2.46%. The firm had revenue of $608.60 million during the quarter, compared to the consensus estimate of $607.94 million. During the same period in the prior year, the firm posted ($3.18) EPS. The firm’s quarterly revenue was up 18.5% on a year-over-year basis. On average, analysts expect that SiteOne Landscape Supply, Inc. will post $1.31 EPS for the current year.

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A number of brokerages have recently weighed in on SITE. Royal Bank Of Canada raised their price target on SiteOne Landscape Supply from $63.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, October 4th. BidaskClub upgraded SiteOne Landscape Supply from a “hold” rating to a “buy” rating in a research report on Friday, September 8th. Deutsche Bank AG restated a “buy” rating and issued a $60.00 price target (up previously from $55.00) on shares of SiteOne Landscape Supply in a research report on Thursday, August 10th. Finally, Zacks Investment Research cut SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $57.33.

SiteOne Landscape Supply 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.

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

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