Tractor Supply (NASDAQ:TSCO) CFO Kurt D. Barton sold 10,085 shares of the stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $104.50, for a total transaction of $1,053,882.50. Following the sale, the chief financial officer now directly owns 49,375 shares in the company, valued at approximately $5,159,687.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of NASDAQ TSCO opened at $104.25 on Friday. The stock has a market capitalization of $12.47 billion, a PE ratio of 24.19, a price-to-earnings-growth ratio of 1.95 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.22 and a current ratio of 1.91. Tractor Supply has a 1 year low of $58.27 and a 1 year high of $104.74.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Bruderman Asset Management LLC bought a new position in shares of Tractor Supply in the 4th quarter valued at about $25,000. Cordasco Financial Network boosted its stake in Tractor Supply by 53.6% during the 4th quarter. Cordasco Financial Network now owns 338 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 118 shares during the last quarter. Rational Advisors LLC boosted its stake in Tractor Supply by 570.9% during the 4th quarter. Rational Advisors LLC now owns 369 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 314 shares during the last quarter. Liberty Wealth Management LLC bought a new position in Tractor Supply during the 4th quarter worth approximately $31,000. Finally, Laurel Wealth Advisors LLC bought a new position in Tractor Supply during the 4th quarter worth approximately $33,000. 82.23% of the stock is currently owned by institutional investors.

A number of equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Tractor Supply from a “hold” rating to a “sell” rating in a report on Thursday. BidaskClub raised shares of Tractor Supply from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Bank of America reissued a “neutral” rating and set a $95.00 price objective on shares of Tractor Supply in a report on Thursday. Piper Jaffray Companies increased their price objective on shares of Tractor Supply from $102.00 to $114.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Wells Fargo & Co increased their price objective on shares of Tractor Supply from $102.00 to $108.00 and gave the stock an “outperform” rating in a report on Thursday, February 14th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Tractor Supply has a consensus rating of “Buy” and a consensus price target of $93.53.

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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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