Donald L. Hagan LLC acquired a new position in Tractor Supply (NASDAQ:TSCO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 23,529 shares of the specialty retailer’s stock, valued at approximately $1,759,000. Tractor Supply comprises about 1.5% of Donald L. Hagan LLC’s holdings, making the stock its 10th biggest holding.
Other institutional investors and hedge funds have also bought and sold shares of the company. Comerica Securities Inc. lifted its holdings in shares of Tractor Supply by 67.4% in the second quarter. Comerica Securities Inc. now owns 5,596 shares of the specialty retailer’s stock worth $303,000 after buying an additional 2,254 shares in the last quarter. Strs Ohio lifted its holdings in shares of Tractor Supply by 248.4% in the third quarter. Strs Ohio now owns 5,818 shares of the specialty retailer’s stock worth $368,000 after buying an additional 4,148 shares in the last quarter. Tandem Investment Advisors Inc. lifted its holdings in shares of Tractor Supply by 8.8% in the second quarter. Tandem Investment Advisors Inc. now owns 90,437 shares of the specialty retailer’s stock worth $4,903,000 after buying an additional 7,347 shares in the last quarter. Achmea Investment Management B.V. lifted its holdings in shares of Tractor Supply by 58.3% in the second quarter. Achmea Investment Management B.V. now owns 12,891 shares of the specialty retailer’s stock worth $697,000 after buying an additional 4,748 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in shares of Tractor Supply by 531.0% in the second quarter. Janus Henderson Group PLC now owns 2,136,401 shares of the specialty retailer’s stock worth $115,813,000 after buying an additional 1,797,802 shares in the last quarter. 92.61% of the stock is currently owned by institutional investors.
Several equities analysts have recently commented on the stock. BidaskClub downgraded shares of Tractor Supply from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 25th. Telsey Advisory Group cut shares of Tractor Supply from an “outperform” rating to a “market perform” rating and boosted their price target for the stock from $62.00 to $83.00 in a research report on Thursday, January 25th. They noted that the move was a valuation call. Guggenheim restated a “buy” rating and issued a $88.00 price target on shares of Tractor Supply in a research report on Tuesday, January 16th. Zacks Investment Research upgraded shares of Tractor Supply from a “hold” rating to a “strong-buy” rating and set a $89.00 price target on the stock in a research report on Monday, January 8th. Finally, Stephens set a $79.00 price target on shares of Tractor Supply and gave the stock a “hold” rating in a research report on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Tractor Supply has an average rating of “Hold” and an average price target of $72.85.
In other Tractor Supply news, CMO Steve K. Barbarick sold 43,076 shares of the stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $69.03, for a total transaction of $2,973,536.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.20% of the stock is owned by corporate insiders.
Shares of Tractor Supply (NASDAQ TSCO) opened at $67.88 on Friday. Tractor Supply has a one year low of $49.87 and a one year high of $82.68. The firm has a market cap of $8,100.00, a PE ratio of 20.51, a P/E/G ratio of 1.27 and a beta of 1.17. The company has a quick ratio of 0.17, a current ratio of 1.95 and a debt-to-equity ratio of 0.31.
Tractor Supply (NASDAQ:TSCO) last released its quarterly earnings data on Wednesday, January 31st. The specialty retailer reported $0.91 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.04. Tractor Supply had a net margin of 5.82% and a return on equity of 30.81%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.93 billion. During the same period in the prior year, the firm earned $0.94 earnings per share. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. analysts anticipate that Tractor Supply will post 4.09 EPS for the current year.
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Tractor Supply Profile
Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company is focused on supplying the needs of recreational farmers and ranchers and others, as well as tradesmen and small businesses. It is engaged in the retail sale of products that support the rural lifestyle.
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