Achmea Investment Management B.V. boosted its position in shares of Tractor Supply (NASDAQ:TSCO) by 27.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,365 shares of the specialty retailer’s stock after buying an additional 7,773 shares during the quarter. Achmea Investment Management B.V.’s holdings in Tractor Supply were worth $3,036,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TSCO. Bruderman Asset Management LLC purchased a new position in Tractor Supply during the fourth quarter worth $25,000. Cordasco Financial Network boosted its stake in Tractor Supply by 53.6% during the fourth quarter. Cordasco Financial Network now owns 338 shares of the specialty retailer’s stock worth $28,000 after buying an additional 118 shares during the period. Rational Advisors LLC boosted its stake in Tractor Supply by 570.9% during the fourth quarter. Rational Advisors LLC now owns 369 shares of the specialty retailer’s stock worth $31,000 after buying an additional 314 shares during the period. Laurel Wealth Advisors LLC purchased a new position in Tractor Supply during the fourth quarter worth $33,000. Finally, Taylor Hoffman Wealth Management purchased a new position in Tractor Supply during the fourth quarter worth $37,000. 80.64% of the stock is owned by institutional investors.

Shares of TSCO opened at $90.40 on Friday. The firm has a market cap of $10.98 billion, a PE ratio of 20.97, a P/E/G ratio of 1.72 and a beta of 1.10. Tractor Supply has a 12-month low of $58.27 and a 12-month high of $98.03. The company has a quick ratio of 0.22, a current ratio of 1.91 and a debt-to-equity ratio of 0.26.

Tractor Supply (NASDAQ:TSCO) last issued its earnings results on Thursday, January 31st. The specialty retailer reported $1.11 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.09 by $0.02. The firm had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.10 billion. Tractor Supply had a net margin of 6.73% and a return on equity of 36.86%. Analysts predict that Tractor Supply will post 4.71 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Monday, February 25th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date was Friday, February 22nd. Tractor Supply’s dividend payout ratio is currently 28.77%.

Several research firms have commented on TSCO. BidaskClub lowered shares of Tractor Supply from a “buy” rating to a “hold” rating in a research note on Tuesday, December 11th. Wells Fargo & Co reaffirmed a “buy” rating and set a $102.00 price objective on shares of Tractor Supply in a research note on Monday, February 11th. Deutsche Bank raised shares of Tractor Supply from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $94.00 to $107.00 in a research note on Thursday, December 13th. Wedbush set a $105.00 price objective on shares of Tractor Supply and gave the stock a “buy” rating in a research note on Monday, December 10th. Finally, Cleveland Research reaffirmed a “hold” rating on shares of Tractor Supply in a research note on Friday, December 14th. Twelve research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $91.94.

In other news, COO Steve K. Barbarick sold 47,011 shares of the business’s stock in a transaction on Wednesday, February 20th. The shares were sold at an average price of $97.83, for a total transaction of $4,599,086.13. Following the completion of the sale, the chief operating officer now directly owns 108,905 shares of the company’s stock, valued at $10,654,176.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Edna Morris sold 4,174 shares of the business’s stock in a transaction on Friday, February 15th. The shares were sold at an average price of $96.07, for a total transaction of $400,996.18. Following the sale, the director now directly owns 1,916 shares of the company’s stock, valued at $184,070.12. The disclosure for this sale can be found here. 1.60% of the stock is currently owned by insiders.

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Tractor Supply Company Profile

Tractor Supply Company operates rural lifestyle retail stores in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use.

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

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