Westover Capital Advisors LLC lessened its holdings in Tractor Supply Company (NASDAQ:TSCO) by 3.9% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 6,258 shares of the specialty retailer’s stock after selling 257 shares during the period. Westover Capital Advisors LLC’s holdings in Tractor Supply were worth $339,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of TSCO. Vanguard Group Inc. grew its position in shares of Tractor Supply by 1.4% during the second quarter. Vanguard Group Inc. now owns 12,519,767 shares of the specialty retailer’s stock valued at $678,696,000 after purchasing an additional 170,986 shares in the last quarter. BlackRock Inc. grew its position in shares of Tractor Supply by 1.7% during the second quarter. BlackRock Inc. now owns 7,968,825 shares of the specialty retailer’s stock valued at $431,989,000 after purchasing an additional 133,235 shares in the last quarter. State Street Corp grew its position in shares of Tractor Supply by 4.2% during the first quarter. State Street Corp now owns 5,695,059 shares of the specialty retailer’s stock valued at $392,790,000 after purchasing an additional 230,443 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Tractor Supply by 7,599.1% during the second quarter. Ameriprise Financial Inc. now owns 4,230,168 shares of the specialty retailer’s stock valued at $229,319,000 after purchasing an additional 4,175,224 shares in the last quarter. Finally, Fiera Capital Corp grew its position in shares of Tractor Supply by 14.9% during the second quarter. Fiera Capital Corp now owns 3,700,846 shares of the specialty retailer’s stock valued at $200,623,000 after purchasing an additional 480,717 shares in the last quarter. Institutional investors and hedge funds own 91.99% of the company’s stock.

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A number of research analysts have recently weighed in on the company. Piper Jaffray Companies restated a “hold” rating and set a $57.00 price objective on shares of Tractor Supply in a research report on Friday, September 29th. UBS AG lowered Tractor Supply from a “buy” rating to a “neutral” rating and raised their price objective for the company from $62.00 to $67.00 in a research report on Monday, October 2nd. Robert W. Baird restated a “buy” rating and set a $66.00 price objective on shares of Tractor Supply in a research report on Wednesday. Wedbush restated an “outperform” rating and set a $72.00 price objective (up previously from $65.00) on shares of Tractor Supply in a research report on Tuesday. Finally, Zacks Investment Research upgraded Tractor Supply from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Sixteen investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $70.35.

Shares of Tractor Supply Company (NASDAQ TSCO) traded down 2.24% during mid-day trading on Friday, reaching $61.05. 1,946,560 shares of the company’s stock traded hands. The stock has a market capitalization of $7.73 billion, a PE ratio of 18.45 and a beta of 1.30. The company’s 50-day moving average price is $60.54 and its 200-day moving average price is $58.95. Tractor Supply Company has a 12-month low of $49.87 and a 12-month high of $78.25.

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

Tractor Supply Company 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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