Copeland Capital Management LLC lessened its position in shares of Tractor Supply Company (NASDAQ:TSCO) by 1.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 106,664 shares of the specialty retailer’s stock after selling 1,384 shares during the quarter. Copeland Capital Management LLC owned about 0.08% of Tractor Supply worth $6,751,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. New Amsterdam Partners LLC NY raised its position in shares of Tractor Supply by 0.7% during the 2nd quarter. New Amsterdam Partners LLC NY now owns 6,893 shares of the specialty retailer’s stock valued at $374,000 after buying an additional 50 shares during the period. Mount Vernon Associates Inc. MD raised its position in shares of Tractor Supply by 0.4% during the 2nd quarter. Mount Vernon Associates Inc. MD now owns 17,380 shares of the specialty retailer’s stock valued at $942,000 after buying an additional 75 shares during the period. Cullen Frost Bankers Inc. raised its position in shares of Tractor Supply by 3.7% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 5,664 shares of the specialty retailer’s stock valued at $307,000 after buying an additional 200 shares during the period. Virginia Retirement Systems ET AL raised its position in shares of Tractor Supply by 4.9% during the 2nd quarter. Virginia Retirement Systems ET AL now owns 4,300 shares of the specialty retailer’s stock valued at $233,000 after buying an additional 200 shares during the period. Finally, Allegis Investment Advisors LLC raised its position in shares of Tractor Supply by 1.7% during the 2nd quarter. Allegis Investment Advisors LLC now owns 12,942 shares of the specialty retailer’s stock valued at $702,000 after buying an additional 216 shares during the period. 92.18% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have recently commented on TSCO. Piper Jaffray Companies reaffirmed a “hold” rating and set a $57.00 price target on shares of Tractor Supply in a research report on Friday, September 29th. UBS AG lowered shares of Tractor Supply from a “buy” rating to a “neutral” rating and lifted their price target for the company from $62.00 to $67.00 in a research report on Monday, October 2nd. Robert W. Baird reaffirmed a “buy” rating and set a $66.00 price target on shares of Tractor Supply in a research report on Wednesday, October 4th. Wedbush reaffirmed an “outperform” rating and set a $72.00 price target (up previously from $65.00) on shares of Tractor Supply in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research raised shares of Tractor Supply from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Fourteen analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $68.63.

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Tractor Supply Company (NASDAQ:TSCO) traded up 0.10% during mid-day trading on Wednesday, hitting $60.32. The stock had a trading volume of 93,226 shares. The company has a 50 day moving average price of $60.65 and a 200-day moving average price of $57.72. Tractor Supply Company has a one year low of $49.87 and a one year high of $78.25. The company has a market cap of $7.64 billion, a price-to-earnings ratio of 18.23 and a beta of 1.30.

Tractor Supply (NASDAQ:TSCO) last issued its earnings results on Wednesday, October 25th. The specialty retailer reported $0.72 EPS for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.04. Tractor Supply had a net margin of 6.04% and a return on equity of 31.25%. The business had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter last year, the firm posted $0.67 EPS. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. Equities analysts expect that Tractor Supply Company will post $3.28 earnings per share for the current fiscal year.

Tractor Supply Company 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.

Institutional Ownership by Quarter for Tractor Supply (NASDAQ:TSCO)

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