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Russell Investments Group Ltd. Trims Inventory Holdings in SiteOne Panorama Provide, Inc. (NYSE:SITE)



Russell Investments Group Ltd. lowered its place in shares of SiteOne Panorama Provide, Inc. (NYSE:SITEGet Score) by 7.2% within the 1st quarter, based on the corporate in its most up-to-date Kind 13F submitting with the Securities and Alternate Fee. The institutional investor owned 51,798 shares of the commercial merchandise firm’s inventory after promoting 4,002 shares through the interval. Russell Investments Group Ltd. owned 0.12% of SiteOne Panorama Provide value $8,458,000 as of its most up-to-date SEC submitting.

A number of different hedge funds additionally just lately purchased and offered shares of the corporate. Conestoga Capital Advisors LLC grew its stake in SiteOne Panorama Provide by 0.8% through the first quarter. Conestoga Capital Advisors LLC now owns 1,057,696 shares of the commercial merchandise firm’s inventory valued at $171,019,000 after buying an extra 8,560 shares within the final quarter. State Road Corp grew its stake in SiteOne Panorama Provide by 1.7% within the 4th quarter. State Road Corp now owns 633,997 shares of the commercial merchandise firm’s inventory value $153,605,000 after shopping for an extra 10,470 shares within the final quarter. Goldman Sachs Group Inc. grew its stake in SiteOne Panorama Provide by 82.2% within the 4th quarter. Goldman Sachs Group Inc. now owns 589,599 shares of the commercial merchandise firm’s inventory value $142,848,000 after shopping for an extra 265,954 shares within the final quarter. Geode Capital Administration LLC grew its stake in SiteOne Panorama Provide by 2.7% within the 4th quarter. Geode Capital Administration LLC now owns 541,591 shares of the commercial merchandise firm’s inventory value $131,216,000 after shopping for an extra 14,313 shares within the final quarter. Lastly, Stephens Funding Administration Group LLC grew its stake in SiteOne Panorama Provide by 1.5% within the 1st quarter. Stephens Funding Administration Group LLC now owns 513,850 shares of the commercial merchandise firm’s inventory value $83,084,000 after shopping for an extra 7,781 shares within the final quarter.

SiteOne Panorama Provide Buying and selling Down 0.0 %

NYSE:SITE opened at $134.84 on Monday. The corporate has a fifty day transferring common of $125.48 and a 200 day transferring common of $147.12. SiteOne Panorama Provide, Inc. has a 52 week low of $108.77 and a 52 week excessive of $260.00. The corporate has a fast ratio of 0.89, a present ratio of two.44 and a debt-to-equity ratio of 0.38. The agency has a market capitalization of $6.06 billion, a P/E ratio of 22.07 and a beta of 1.35.

SiteOne Panorama Provide (NYSE:SITEGet Score) final posted its quarterly earnings outcomes on Wednesday, August third. The commercial merchandise firm reported $3.07 EPS for the quarter, beating analysts’ consensus estimates of $2.96 by $0.11. SiteOne Panorama Provide had a web margin of seven.45% and a return on fairness of 25.37%. The corporate had income of $1.22 billion through the quarter, in comparison with analyst estimates of $1.24 billion. Throughout the identical interval within the prior yr, the enterprise posted $2.70 EPS. The agency’s income was up 12.2% in comparison with the identical quarter final yr. On common, analysis analysts predict that SiteOne Panorama Provide, Inc. will submit 5.63 earnings per share for the present yr.

Analyst Upgrades and Downgrades

Quite a lot of equities analysts have commented on the inventory. Robert W. Baird lower shares of SiteOne Panorama Provide from an “outperform” ranking to a “impartial” ranking and set a $129.00 worth goal for the corporate. in a analysis observe on Thursday, July 14th. UBS Group lower their worth goal on shares of SiteOne Panorama Provide from $165.00 to $152.00 and set a “impartial” ranking for the corporate in a analysis observe on Thursday. Barclays lower their worth goal on shares of SiteOne Panorama Provide from $161.00 to $145.00 and set an “equal weight” ranking for the corporate in a analysis observe on Thursday, July 14th. Royal Financial institution of Canada raised shares of SiteOne Panorama Provide from an “underperform” ranking to a “sector carry out” ranking and lower their worth goal for the inventory from $128.00 to $118.00 in a analysis observe on Wednesday, June 22nd. Lastly, Loop Capital lowered their worth goal on shares of SiteOne Panorama Provide from $160.00 to $135.00 and set a “maintain” ranking for the corporate in a report on Friday, July eighth. Eight funding analysts have rated the inventory with a maintain ranking and two have given a purchase ranking to the corporate’s inventory. Based on knowledge from MarketBeat.com, SiteOne Panorama Provide has a consensus ranking of “Maintain” and a consensus worth goal of $152.63.

Insider Exercise at SiteOne Panorama Provide

In associated information, CEO Doug Black offered 9,530 shares of the corporate’s inventory in a transaction on Wednesday, July 13th. The shares have been offered at a mean worth of $119.13, for a complete transaction of $1,135,308.90. Following the completion of the sale, the chief government officer now immediately owns 512,599 shares within the firm, valued at roughly $61,065,918.87. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which is obtainable at this hyperlink. 2.70% of the inventory is presently owned by firm insiders.

SiteOne Panorama Provide Firm Profile

(Get Score)

SiteOne Panorama Provide, Inc engages within the wholesale distribution of panorama provides in the USA and Canada. The corporate supplies a number of roughly 135,000 inventory retaining items, together with irrigation provides, which comprise controllers, valves, sprinkler heads, and irrigation pipes; fertilizer, grass seed, and ice soften merchandise; management merchandise, similar to herbicides, fungicides, rodenticides, and different pesticides; panorama equipment that embrace mulches, soil amendments, drainage pipes, instruments, and sods; nursery items, which encompass deciduous and evergreen shrubs, decorative, shade, evergreen bushes, area grown and container-grown nursery inventory, roses, perennials, annuals, bulbs, and plant species; hardscapes, similar to pavers, pure stones, blocks, and different sturdy supplies; and outside lighting merchandise that embrace lights, LED lamps, wires, transformers, and equipment.

Beneficial Tales

Need to see what different hedge funds are holding SITE? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for SiteOne Panorama Provide, Inc. (NYSE:SITEGet Score).

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



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