Traders sold shares of Tractor Supply (NASDAQ:TSCO) on strength during trading hours on Thursday. $31.08 million flowed into the stock on the tick-up and $65.50 million flowed out of the stock on the tick-down, for a money net flow of $34.42 million out of the stock. Of all stocks tracked, Tractor Supply had the 0th highest net out-flow for the day. Tractor Supply traded up $0.41 for the day and closed at $85.23

Several equities research analysts recently commented on the company. BidaskClub raised Tractor Supply from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 29th. Oppenheimer boosted their target price on Tractor Supply from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, September 14th. Zacks Investment Research raised Tractor Supply from a “hold” rating to a “buy” rating and set a $97.00 target price on the stock in a report on Tuesday, August 28th. Morgan Stanley boosted their target price on Tractor Supply from $75.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, ValuEngine raised Tractor Supply from a “hold” rating to a “buy” rating in a report on Tuesday, August 14th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and fourteen have assigned a buy rating to the company. Tractor Supply presently has a consensus rating of “Hold” and an average target price of $82.00.

The firm has a market cap of $11.07 billion, a PE ratio of 26.03, a price-to-earnings-growth ratio of 1.69 and a beta of 1.39. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.92 and a quick ratio of 0.19.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Thursday, July 26th. The specialty retailer reported $1.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.61 by $0.08. The company had revenue of $2.21 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Tractor Supply had a return on equity of 35.24% and a net margin of 6.34%. The firm’s revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.25 earnings per share. On average, sell-side analysts predict that Tractor Supply will post 4.19 earnings per share for the current fiscal year.

In other Tractor Supply news, EVP Benjamin F. Parrish, Jr. sold 5,000 shares of the business’s stock in a transaction on Thursday, July 26th. The shares were sold at an average price of $82.00, for a total transaction of $410,000.00. Following the sale, the executive vice president now directly owns 21,948 shares of the company’s stock, valued at approximately $1,799,736. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Steve K. Barbarick sold 21,257 shares of the business’s stock in a transaction on Monday, September 10th. The shares were sold at an average price of $89.12, for a total transaction of $1,894,423.84. Following the sale, the chief operating officer now directly owns 78,210 shares in the company, valued at $6,970,075.20. The disclosure for this sale can be found here. Insiders sold 235,676 shares of company stock worth $20,846,977 in the last ninety days. 1.60% of the stock is owned by corporate insiders.

A number of large investors have recently made changes to their positions in the business. Bank of Montreal Can raised its stake in Tractor Supply by 16.9% during the 3rd quarter. Bank of Montreal Can now owns 496,324 shares of the specialty retailer’s stock valued at $45,106,000 after purchasing an additional 71,799 shares during the period. Wendell David Associates Inc. purchased a new position in shares of Tractor Supply during the 3rd quarter valued at $205,000. NEXT Financial Group Inc purchased a new position in shares of Tractor Supply during the 3rd quarter valued at $184,000. Clarus Wealth Advisors grew its holdings in shares of Tractor Supply by 208.3% during the 3rd quarter. Clarus Wealth Advisors now owns 4,671 shares of the specialty retailer’s stock valued at $424,000 after acquiring an additional 3,156 shares in the last quarter. Finally, Royal London Asset Management Ltd. purchased a new position in shares of Tractor Supply during the 2nd quarter valued at $4,234,000. 81.72% of the stock is currently owned by institutional investors.

About Tractor Supply (NASDAQ:TSCO)

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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