Kaizen Advisory LLC lessened its holdings in Tractor Supply (NASDAQ:TSCO) by 15.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,990 shares of the specialty retailer’s stock after selling 1,977 shares during the period. Tractor Supply accounts for 0.6% of Kaizen Advisory LLC’s holdings, making the stock its 18th biggest position. Kaizen Advisory LLC’s holdings in Tractor Supply were worth $917,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Russell Investments Group Ltd. lifted its holdings in shares of Tractor Supply by 56.3% in the third quarter. Russell Investments Group Ltd. now owns 45,574 shares of the specialty retailer’s stock valued at $4,145,000 after purchasing an additional 16,409 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Tractor Supply by 32.2% in the third quarter. Janney Montgomery Scott LLC now owns 9,137 shares of the specialty retailer’s stock valued at $830,000 after purchasing an additional 2,223 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Tractor Supply by 73.0% in the third quarter. JPMorgan Chase & Co. now owns 2,339,567 shares of the specialty retailer’s stock valued at $212,619,000 after purchasing an additional 987,193 shares in the last quarter. Prudential Financial Inc. lifted its holdings in shares of Tractor Supply by 0.8% in the third quarter. Prudential Financial Inc. now owns 137,080 shares of the specialty retailer’s stock valued at $12,458,000 after purchasing an additional 1,029 shares in the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of Tractor Supply by 251.8% in the third quarter. MML Investors Services LLC now owns 14,619 shares of the specialty retailer’s stock valued at $1,329,000 after purchasing an additional 10,463 shares in the last quarter. Institutional investors and hedge funds own 82.09% of the company’s stock.

TSCO stock traded up $2.01 on Monday, hitting $94.69. 21,833 shares of the company were exchanged, compared to its average volume of 1,200,638. Tractor Supply has a twelve month low of $58.27 and a twelve month high of $98.03. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.22 and a current ratio of 1.91. The firm has a market capitalization of $11.24 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 1.76 and a beta of 1.10.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Thursday, January 31st. The specialty retailer reported $1.11 EPS for the quarter, topping the consensus estimate of $1.09 by $0.02. Tractor Supply had a net margin of 6.73% and a return on equity of 36.86%. The firm had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.10 billion. As a group, equities analysts forecast that Tractor Supply will post 4.71 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Monday, February 25th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend was Friday, February 22nd. Tractor Supply’s dividend payout ratio (DPR) is 28.77%.

In related news, COO Steve K. Barbarick sold 47,011 shares of the company’s stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $97.83, for a total transaction of $4,599,086.13. Following the completion of the transaction, the chief operating officer now owns 108,905 shares of the company’s stock, valued at $10,654,176.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Edna Morris sold 4,174 shares of the business’s stock in a transaction that occurred on Friday, February 15th. The stock was sold at an average price of $96.07, for a total transaction of $400,996.18. Following the sale, the director now owns 1,916 shares of the company’s stock, valued at $184,070.12. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company’s stock.

Several analysts have issued reports on TSCO shares. Zacks Investment Research raised shares of Tractor Supply from a “hold” rating to a “buy” rating and set a $101.00 price target on the stock in a report on Tuesday, December 11th. Wedbush set a $105.00 price target on shares of Tractor Supply and gave the company a “buy” rating in a report on Monday, December 10th. BidaskClub raised shares of Tractor Supply from a “hold” rating to a “buy” rating in a report on Saturday, December 1st. Deutsche Bank raised shares of Tractor Supply from a “hold” rating to a “buy” rating and upped their price target for the company from $94.00 to $107.00 in a report on Thursday, December 13th. Finally, Wells Fargo & Co reissued a “buy” rating and issued a $102.00 price objective on shares of Tractor Supply in a research report on Monday, February 11th. Eleven research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $92.63.

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Tractor Supply Company Profile

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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Institutional Ownership by Quarter for Tractor Supply (NASDAQ:TSCO)

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