Tractor Supply (NASDAQ:TSCO) EVP Benjamin F. Parrish, Jr. sold 2,000 shares of the stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $99.05, for a total transaction of $198,100.00. Following the completion of the transaction, the executive vice president now directly owns 26,549 shares of the company’s stock, valued at $2,629,678.45. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

TSCO opened at $99.59 on Friday. Tractor Supply has a 12-month low of $58.27 and a 12-month high of $99.60. The company has a quick ratio of 0.22, a current ratio of 1.91 and a debt-to-equity ratio of 0.26. The company has a market cap of $11.77 billion, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of 1.84 and a beta of 1.10.

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

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Shareholders of record on Monday, February 25th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend was Friday, February 22nd. Tractor Supply’s dividend payout ratio is presently 28.77%.

TSCO has been the subject of several research analyst reports. Zacks Investment Research raised shares of Tractor Supply from a “hold” rating to a “buy” rating and set a $101.00 price objective for the company in a research report on Tuesday, December 11th. Credit Suisse Group reaffirmed a “hold” rating and issued a $85.00 price objective on shares of Tractor Supply in a research report on Tuesday, January 29th. BidaskClub lowered shares of Tractor Supply from a “buy” rating to a “hold” rating in a research report on Saturday, January 5th. Wells Fargo & Co increased their price objective on shares of Tractor Supply from $102.00 to $108.00 and gave the company an “outperform” rating in a research report on Thursday, February 14th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $90.00 price objective (down from $95.00) on shares of Tractor Supply in a research report on Wednesday, January 9th. Ten investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $92.63.

Institutional investors and hedge funds have recently bought and sold shares of the business. Bruderman Asset Management LLC purchased a new position in Tractor Supply during the 4th quarter worth approximately $25,000. Cordasco Financial Network increased its holdings in shares of Tractor Supply by 53.6% during the 4th quarter. Cordasco Financial Network now owns 338 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 118 shares in the last quarter. Rational Advisors LLC increased its holdings in shares of Tractor Supply by 570.9% during the 4th quarter. Rational Advisors LLC now owns 369 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 314 shares in the last quarter. Liberty Wealth Management LLC purchased a new position in shares of Tractor Supply during the 4th quarter valued at approximately $31,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Tractor Supply during the 4th quarter valued at approximately $33,000. 82.24% of the stock is owned by institutional investors.

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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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