Altavista Wealth Management Inc. Has $4,032,000 Stake in Tractor Supply Company (TSCO)

Altavista Wealth Management Inc. maintained its position in Tractor Supply Company (NASDAQ:TSCO) during the fourth quarter, Holdings Channel reports. The fund owned 53,186 shares of the company’s stock at the end of the fourth quarter. Tractor Supply Company makes up approximately 2.2% of Altavista Wealth Management Inc.’s investment portfolio, making the stock its 13th largest position. Altavista Wealth Management Inc.’s holdings in Tractor Supply Company were worth $4,032,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ashfield Capital Partners LLC acquired a new stake in shares of Tractor Supply Company during the second quarter worth $8,675,000. Autus Asset Management LLC boosted its stake in shares of Tractor Supply Company by 5.9% in the second quarter. Autus Asset Management LLC now owns 25,568 shares of the company’s stock worth $2,331,000 after buying an additional 1,424 shares during the period. Ardevora Asset Management LLP boosted its stake in shares of Tractor Supply Company by 13.7% in the second quarter. Ardevora Asset Management LLP now owns 220,000 shares of the company’s stock worth $20,060,000 after buying an additional 26,500 shares during the period. William Blair Investment Management LLC boosted its stake in shares of Tractor Supply Company by 54.3% in the second quarter. William Blair Investment Management LLC now owns 2,150,617 shares of the company’s stock worth $196,093,000 after buying an additional 756,716 shares during the period. Finally, DE Burlo Group Inc. boosted its stake in shares of Tractor Supply Company by 43.0% in the second quarter. DE Burlo Group Inc. now owns 60,200 shares of the company’s stock worth $5,489,000 after buying an additional 18,100 shares during the period. Hedge funds and other institutional investors own 86.37% of the company’s stock.

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

Shares of Tractor Supply Company (NASDAQ:TSCO) traded up 0.33% on Tuesday, hitting $73.40. 894,984 shares of the company’s stock traded hands. Tractor Supply Company has a 1-year low of $61.50 and a 1-year high of $97.25. The company has a market cap of $9.63 billion, a price-to-earnings ratio of 22.45 and a beta of 1.24. The firm’s 50-day moving average price is $74.97 and its 200 day moving average price is $74.56.

Tractor Supply Company (NASDAQ:TSCO) last released its quarterly earnings data on Wednesday, February 1st. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.02. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.87 billion. Tractor Supply Company had a return on equity of 30.29% and a net margin of 6.45%. Tractor Supply Company’s revenue was up 16.4% compared to the same quarter last year. During the same period last year, the firm posted $0.82 earnings per share. On average, equities research analysts expect that Tractor Supply Company will post $3.50 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 14th. Investors of record on Monday, February 27th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.31%. Tractor Supply Company’s dividend payout ratio (DPR) is presently 29.36%.

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A number of analysts have weighed in on TSCO shares. Telsey Advisory Group dropped their target price on shares of Tractor Supply Company from $88.00 to $80.00 and set an “outperform” rating on the stock in a report on Thursday, October 20th. Wedbush dropped their target price on shares of Tractor Supply Company from $72.00 to $65.00 and set a “neutral” rating on the stock in a report on Thursday, October 20th. Deutsche Bank AG dropped their price objective on shares of Tractor Supply Company from $72.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday, October 20th. Guggenheim reaffirmed a “buy” rating and issued a $85.00 price objective (down previously from $90.00) on shares of Tractor Supply Company in a report on Saturday, October 22nd. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a $73.00 price objective (down previously from $77.00) on shares of Tractor Supply Company in a report on Saturday, October 22nd. Fifteen analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $86.00.

In related news, CFO Anthony F. Crudele sold 30,000 shares of the firm’s stock in a transaction dated Monday, December 12th. The stock was sold at an average price of $76.40, for a total value of $2,292,000.00. Following the sale, the chief financial officer now directly owns 85,366 shares of the company’s stock, valued at $6,521,962.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.00% of the company’s stock.

About Tractor Supply Company

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.

5 Day Chart for NASDAQ:TSCO

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