Calton & Associates Inc. acquired a new position in shares of Tractor Supply (NASDAQ:TSCO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,351 shares of the specialty retailer’s stock, valued at approximately $109,000.

A number of other hedge funds have also recently bought and sold shares of the business. Strs Ohio increased its position 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 purchasing an additional 4,148 shares during the period. Achmea Investment Management B.V. increased its position 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 purchasing an additional 4,748 shares during the period. Wasatch Advisors Inc. increased its position in shares of Tractor Supply by 52.7% in the second quarter. Wasatch Advisors Inc. now owns 8,400 shares of the specialty retailer’s stock worth $455,000 after purchasing an additional 2,900 shares during the period. Wedbush Securities Inc. increased its position in shares of Tractor Supply by 46.4% in the third quarter. Wedbush Securities Inc. now owns 23,213 shares of the specialty retailer’s stock worth $1,469,000 after purchasing an additional 7,359 shares during the period. Finally, Cim LLC increased its position in shares of Tractor Supply by 3.0% in the third quarter. Cim LLC now owns 111,475 shares of the specialty retailer’s stock worth $7,055,000 after purchasing an additional 3,260 shares during the period. Hedge funds and other institutional investors own 92.58% of the company’s stock.

In related news, CMO Steve K. Barbarick sold 43,076 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $69.03, for a total value of $2,973,536.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Edna Morris sold 1,054 shares of Tractor Supply stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $67.07, for a total value of $70,691.78. Following the sale, the director now directly owns 10,949 shares in the company, valued at $734,349.43. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

A number of research analysts recently commented on the company. BidaskClub cut Tractor Supply from a “buy” rating to a “hold” rating in a research report on Saturday, February 3rd. BMO Capital Markets raised their price target on Tractor Supply to $73.00 and gave the stock a “market perform” rating in a research report on Friday, February 2nd. Piper Jaffray Companies raised their price target on Tractor Supply from $56.00 to $71.00 and gave the stock a “neutral” rating in a research report on Friday, February 2nd. Bank of America cut Tractor Supply from a “buy” rating to an “underperform” rating in a research report on Friday, February 2nd. Finally, Oppenheimer restated a “hold” rating on shares of Tractor Supply in a research report on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, eighteen have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Tractor Supply currently has a consensus rating of “Hold” and an average target price of $72.85.

Shares of Tractor Supply (NASDAQ TSCO) opened at $66.16 on Wednesday. The firm has a market capitalization of $8,310.00, a PE ratio of 19.99, a P/E/G ratio of 1.22 and a beta of 1.17. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.95 and a quick ratio of 0.24. Tractor Supply has a 12 month low of $49.87 and a 12 month high of $82.68.

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, beating the 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%. Tractor Supply’s revenue was up 1.9% compared to the same quarter last year. During the same period last year, the firm posted $0.94 earnings per share. equities analysts predict that Tractor Supply will post 4.1 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Monday, February 26th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend is Friday, February 23rd. Tractor Supply’s dividend payout ratio (DPR) is presently 32.63%.

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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.

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

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