Cape Cod Five Cents Savings Bank grew its stake in shares of Tractor Supply (NASDAQ:TSCO) by 9.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,492 shares of the specialty retailer’s stock after purchasing an additional 2,486 shares during the period. Cape Cod Five Cents Savings Bank’s holdings in Tractor Supply were worth $2,130,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in TSCO. Janus Henderson Group PLC lifted its holdings in shares of Tractor Supply by 138.6% during the third quarter. Janus Henderson Group PLC now owns 5,096,520 shares of the specialty retailer’s stock valued at $322,558,000 after purchasing an additional 2,960,119 shares during the last quarter. Alyeska Investment Group L.P. purchased a new stake in shares of Tractor Supply during the third quarter valued at $31,338,000. CWM LLC lifted its holdings in shares of Tractor Supply by 106,641.1% during the fourth quarter. CWM LLC now owns 480,335 shares of the specialty retailer’s stock valued at $35,905,000 after purchasing an additional 479,885 shares during the last quarter. WCM Investment Management CA lifted its holdings in shares of Tractor Supply by 78.0% during the third quarter. WCM Investment Management CA now owns 943,470 shares of the specialty retailer’s stock valued at $59,712,000 after purchasing an additional 413,499 shares during the last quarter. Finally, Turtle Creek Asset Management Inc. lifted its holdings in shares of Tractor Supply by 33.3% during the third quarter. Turtle Creek Asset Management Inc. now owns 1,237,936 shares of the specialty retailer’s stock valued at $78,349,000 after purchasing an additional 309,036 shares during the last quarter. 92.99% of the stock is owned by institutional investors and hedge funds.

Tractor Supply (TSCO) opened at $66.50 on Monday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.24 and a current ratio of 1.95. The company has a market capitalization of $8,350.00, a PE ratio of 20.09, a PEG ratio of 1.22 and a beta of 1.17. Tractor Supply has a fifty-two week low of $49.87 and a fifty-two week high of $82.68.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Wednesday, January 31st. The specialty retailer reported $0.91 EPS for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.04. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.93 billion. Tractor Supply had a return on equity of 30.81% and a net margin of 5.82%. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.94 EPS. analysts expect that Tractor Supply will post 4.1 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Monday, February 26th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Friday, February 23rd. Tractor Supply’s dividend payout ratio is 32.63%.

Several equities research analysts have recently commented on TSCO shares. Zacks Investment Research downgraded Tractor Supply from a “hold” rating to a “sell” rating in a report on Monday, October 16th. Loop Capital set a $55.00 price target on Tractor Supply and gave the company a “hold” rating in a research report on Wednesday, October 25th. Oppenheimer reissued a “hold” rating on shares of Tractor Supply in a research report on Thursday, October 26th. Robert W. Baird set a $66.00 price target on Tractor Supply and gave the company a “buy” rating in a research report on Thursday, October 26th. Finally, Deutsche Bank dropped their price target on Tractor Supply from $54.00 to $51.00 and set a “hold” rating on the stock in a research report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, eighteen have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Tractor Supply has an average rating of “Hold” and an average price target of $72.85.

In other news, Director Edna Morris sold 1,054 shares of the stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $67.07, for a total transaction of $70,691.78. Following the transaction, the director now owns 10,949 shares of the company’s stock, valued at approximately $734,349.43. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 value of $2,973,536.28. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.

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

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