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

A number of research firms have weighed in on TSCO. Deutsche Bank AG boosted their price objective on shares of Tractor Supply from $96.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday. Wedbush reiterated an “outperform” rating and set a $96.00 price objective on shares of Tractor Supply in a research report on Thursday. Zacks Investment Research cut shares of Tractor Supply from a “hold” rating to a “sell” rating in a research report on Friday, July 1st. Raymond James Financial Inc. reiterated a “strong-buy” rating and set a $110.00 price objective on shares of Tractor Supply in a research report on Friday, July 1st. Finally, Piper Jaffray Cos. reiterated an “overweight” rating and set a $103.00 price objective (down previously from $105.00) on shares of Tractor Supply in a research report on Friday, July 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. Tractor Supply presently has an average rating of “Buy” and a consensus target price of $103.06.

The stock’s 50-day moving average is $92.92 and its 200-day moving average is $89.73. The company has a market cap of $12.22 billion and a PE ratio of 29.35.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Wednesday, July 20th. The company reported $1.16 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.16. During the same period in the previous year, the business posted $1.12 earnings per share. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.93 billion. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. Analysts forecast that Tractor Supply Co. will post $3.38 EPS for the current year.

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

Several hedge funds have modified their holdings of the company. Advantus Capital Management Inc increased its stake in shares of Tractor Supply by 3.3% in the fourth quarter. Advantus Capital Management Inc now owns 13,054 shares of the company’s stock worth $1,116,000 after buying an additional 418 shares during the last quarter. GSA Capital Partners LLP increased its stake in shares of Tractor Supply by 9.2% in the fourth quarter. GSA Capital Partners LLP now owns 14,122 shares of the company’s stock worth $1,207,000 after buying an additional 1,189 shares during the last quarter. Hodges Capital Management Inc. increased its stake in shares of Tractor Supply by 1.2% in the fourth quarter. Hodges Capital Management Inc. now owns 17,400 shares of the company’s stock worth $1,488,000 after buying an additional 200 shares during the last quarter. Burney Co. increased its stake in shares of Tractor Supply by 1.8% in the fourth quarter. Burney Co. now owns 17,758 shares of the company’s stock worth $1,527,000 after buying an additional 322 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in shares of Tractor Supply by 4.8% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 18,002 shares of the company’s stock worth $1,539,000 after buying an additional 831 shares during 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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