Savant Capital LLC continued to hold its position in Tractor Supply Co. (NASDAQ:TSCO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,246 shares of the company’s stock at the end of the second quarter. Savant Capital LLC’s holdings in Tractor Supply were worth $205,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Seven Eight Capital LLC acquired a new position in Tractor Supply during the first quarter worth about $123,000. Douglass Winthrop Advisors LLC purchased a new stake in shares of Tractor Supply during the second quarter worth $219,000. Eqis Capital Management Inc. increased its stake in shares of Tractor Supply by 7.0% in the second quarter. Eqis Capital Management Inc. now owns 2,602 shares of the company’s stock worth $237,000 after buying an additional 171 shares in the last quarter. WealthTrust Axiom LLC purchased a new stake in shares of Tractor Supply during the second quarter worth $240,000. Finally, First American Bank purchased a new stake in shares of Tractor Supply during the second quarter worth $246,000. Institutional investors own 91.58% of the company’s stock.
Tractor Supply Co. (NASDAQ:TSCO) traded down 0.41% during trading on Friday, hitting $67.88. 1,183,727 shares of the company traded hands. Tractor Supply Co. has a 12-month low of $66.43 and a 12-month high of $97.25. The firm has a market capitalization of $9.07 billion, a P/E ratio of 21.77 and a beta of 1.20. The stock has a 50-day moving average price of $74.32 and a 200-day moving average price of $87.39.
Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Wednesday, July 20th. The company reported $1.16 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.16. Tractor Supply had a return on equity of 30.30% and a net margin of 6.57%. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same period in the previous year, the firm earned $1.12 earnings per share. The company’s revenue was up 4.5% compared to the same quarter last year. Equities analysts expect that Tractor Supply Co. will post $3.24 EPS for the current fiscal year.
A number of analysts recently weighed in on TSCO shares. Nomura reiterated a “buy” rating and issued a $105.00 price target on shares of Tractor Supply in a research report on Thursday, June 30th. Raymond James Financial Inc. downgraded shares of Tractor Supply from a “strong-buy” rating to a “market perform” rating in a research report on Thursday, September 8th. Wedbush reiterated an “outperform” rating and issued a $96.00 price target on shares of Tractor Supply in a research report on Thursday, June 30th. Zacks Investment Research upgraded shares of Tractor Supply from a “sell” rating to a “hold” rating in a research report on Tuesday, August 30th. Finally, Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $80.00 price target (down from $110.00) on shares of Tractor Supply in a research report on Monday, September 26th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Tractor Supply presently has a consensus rating of “Hold” and a consensus target price of $88.37.
Tractor Supply Company Profile
Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company operates in the retail sale of products that support the rural lifestyle segment. The Company focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses.
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