Chilton Capital Management LLC trimmed its position in Tractor Supply Company (NASDAQ:TSCO) by 1.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 105,956 shares of the specialty retailer’s stock after selling 2,049 shares during the period. Chilton Capital Management LLC owned 0.08% of Tractor Supply worth $5,744,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TSCO. Commonwealth Bank of Australia raised its position in shares of Tractor Supply by 15.4% during the 2nd quarter. Commonwealth Bank of Australia now owns 2,377 shares of the specialty retailer’s stock valued at $128,000 after buying an additional 317 shares in the last quarter. Penserra Capital Management LLC purchased a new stake in shares of Tractor Supply during the 2nd quarter valued at $139,000. Bronfman E.L. Rothschild L.P. raised its position in shares of Tractor Supply by 33.2% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 3,325 shares of the specialty retailer’s stock valued at $180,000 after buying an additional 828 shares in the last quarter. Globeflex Capital L P purchased a new stake in shares of Tractor Supply during the 2nd quarter valued at $206,000. Finally, Koch Industries Inc. purchased a new stake in shares of Tractor Supply during the 1st quarter valued at $216,000. 91.99% of the stock is owned by hedge funds and other institutional investors.

Several analysts have recently weighed in on the stock. BMO Capital Markets raised their price objective on shares of Tractor Supply from $58.00 to $61.00 and gave the company a “market perform” rating in a research report on Wednesday. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Tractor Supply in a research report on Thursday, July 27th. Robert W. Baird set a $62.00 price objective on shares of Tractor Supply and gave the company a “buy” rating in a research report on Friday, August 25th. BidaskClub upgraded shares of Tractor Supply from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 5th. Finally, Barclays PLC reiterated an “overweight” rating and issued a $70.00 target price (down previously from $90.00) on shares of Tractor Supply in a research report on Saturday, July 22nd. Sixteen analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $71.52.

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Shares of Tractor Supply Company (NASDAQ TSCO) traded up 0.45% on Thursday, reaching $63.19. 356,225 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $57.82 and a 200-day moving average price of $59.67. The company has a market cap of $8.01 billion, a PE ratio of 19.10 and a beta of 1.30. Tractor Supply Company has a 12-month low of $49.87 and a 12-month high of $78.25. Tractor Supply also saw unusually large options trading activity on Tuesday. Stock traders bought 1,064 put options on the company. This represents an increase of 787% compared to the average daily volume of 120 put options.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Wednesday, July 26th. The specialty retailer reported $1.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.02). Tractor Supply had a return on equity of 30.56% and a net margin of 6.16%. The business had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same period in the prior year, the business posted $1.16 earnings per share. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. Equities research analysts anticipate that Tractor Supply Company will post $3.25 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 6th. Shareholders of record on Monday, August 21st were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend was Thursday, August 17th. Tractor Supply’s dividend payout ratio is presently 32.53%.

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.

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

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