Tractor Supply Co. (NASDAQ:TSCO) traded down 4.2% on Thursday . The stock traded as low as $89.18 and last traded at $89.21, with a volume of 2,077,443 shares traded. The stock had previously closed at $93.13.

Several equities research analysts have weighed in on the company. Wedbush reaffirmed a “buy” rating and set a $94.00 price target (down from $96.00) on shares of Tractor Supply in a research report on Sunday, April 17th. Piper Jaffray Cos. reissued a “buy” rating on shares of Tractor Supply in a research note on Sunday, May 22nd. Deutsche Bank AG increased their target price on shares of Tractor Supply from $96.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday. Oppenheimer Holdings Inc. increased their target price on shares of Tractor Supply from $92.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, June 10th. Finally, BTIG Research assumed coverage on shares of Tractor Supply in a research note on Wednesday, June 1st. They set a “buy” rating and a $115.00 target price on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $103.06.

The stock has a market capitalization of $11.97 billion and a price-to-earnings ratio of 29.07. The firm’s 50 day moving average price is $93.26 and its 200-day moving average price is $89.68.

Tractor Supply (NASDAQ:TSCO) last released its earnings results on Wednesday, July 20th. The company reported $1.16 earnings per share for the quarter, hitting the consensus estimate of $1.16. The firm earned $1.85 billion during the quarter, compared to analysts’ expectations of $1.93 billion. The business’s revenue was up 4.5% on a year-over-year basis. During the same period last year, the business earned $1.12 earnings per share. On average, equities research analysts anticipate that Tractor Supply Co. will post $3.38 earnings per share for the current year.

In related news, CMO Steve K. Barbarick sold 11,250 shares of the firm’s stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $96.59, for a total transaction of $1,086,637.50. Following the completion of the sale, the chief marketing officer now directly owns 52,385 shares in the company, valued at $5,059,867.15. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Anthony F. Crudele sold 18,894 shares of the firm’s stock in a transaction that occurred on Wednesday, June 1st. The stock was sold at an average price of $96.16, for a total transaction of $1,816,847.04. Following the sale, the chief financial officer now owns 74,260 shares of the company’s stock, valued at $7,140,841.60. The disclosure for this sale can be found here.

Other hedge funds recently bought and sold shares of the company. Sei Investments Co. boosted its stake in Tractor Supply by 45.7% in the fourth quarter. Sei Investments Co. now owns 36,603 shares of the company’s stock valued at $3,130,000 after buying an additional 11,481 shares in the last quarter. New York State Common Retirement Fund boosted its stake in Tractor Supply by 0.7% in the fourth quarter. New York State Common Retirement Fund now owns 315,300 shares of the company’s stock valued at $26,958,000 after buying an additional 2,300 shares in the last quarter. OppenheimerFunds Inc. boosted its stake in Tractor Supply by 23.2% in the fourth quarter. OppenheimerFunds Inc. now owns 300,939 shares of the company’s stock valued at $25,734,000 after buying an additional 56,769 shares in the last quarter. Vanguard Group Inc. boosted its stake in Tractor Supply by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 11,215,682 shares of the company’s stock valued at $958,940,000 after buying an additional 201,160 shares in the last quarter. Finally, GAM Holding AG boosted its stake in Tractor Supply by 3.3% in the fourth quarter. GAM Holding AG now owns 27,427 shares of the company’s stock valued at $2,345,000 after buying an additional 878 shares in the last quarter.

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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