Tractor Supply Company (TSCO) Shares Bought by Sentry Investment Management LLC

Sentry Investment Management LLC grew its holdings in Tractor Supply Company (NASDAQ:TSCO) by 3.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,957 shares of the specialty retailer’s stock after purchasing an additional 268 shares during the period. Sentry Investment Management LLC’s holdings in Tractor Supply were worth $486,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. New Amsterdam Partners LLC NY increased its stake in shares of Tractor Supply by 0.7% in the second quarter. New Amsterdam Partners LLC NY now owns 6,893 shares of the specialty retailer’s stock worth $374,000 after acquiring an additional 50 shares during the last quarter. Mount Vernon Associates Inc. MD increased its stake in shares of Tractor Supply by 0.4% in the second quarter. Mount Vernon Associates Inc. MD now owns 17,380 shares of the specialty retailer’s stock worth $942,000 after acquiring an additional 75 shares during the last quarter. Cullen Frost Bankers Inc. increased its stake in shares of Tractor Supply by 3.7% in the second quarter. Cullen Frost Bankers Inc. now owns 5,664 shares of the specialty retailer’s stock worth $307,000 after acquiring an additional 200 shares during the last quarter. Virginia Retirement Systems ET AL increased its stake in shares of Tractor Supply by 4.9% in the second quarter. Virginia Retirement Systems ET AL now owns 4,300 shares of the specialty retailer’s stock worth $233,000 after acquiring an additional 200 shares during the last quarter. Finally, Allegis Investment Advisors LLC increased its stake in shares of Tractor Supply by 1.7% in the second quarter. Allegis Investment Advisors LLC now owns 12,942 shares of the specialty retailer’s stock worth $702,000 after acquiring an additional 216 shares during the last quarter. Institutional investors own 91.97% of the company’s stock.

A number of equities analysts have recently weighed in on the stock. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $57.00 price target on shares of Tractor Supply in a research note on Friday, September 29th. UBS AG downgraded shares of Tractor Supply from a “buy” rating to a “neutral” rating and upped their price target for the stock from $62.00 to $67.00 in a research note on Monday, October 2nd. Robert W. Baird reaffirmed a “buy” rating and issued a $66.00 price target on shares of Tractor Supply in a research note on Wednesday, October 4th. Wedbush reaffirmed an “outperform” rating and issued a $72.00 price target (up from $65.00) on shares of Tractor Supply in a research note on Tuesday, October 3rd. Finally, Zacks Investment Research raised shares of Tractor Supply from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $70.21.

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Shares of Tractor Supply Company (NASDAQ:TSCO) opened at 58.89 on Monday. The stock has a 50 day moving average price of $60.96 and a 200 day moving average price of $58.27. The firm has a market capitalization of $7.46 billion, a P/E ratio of 17.80 and a beta of 1.30. Tractor Supply Company has a 12 month low of $49.87 and a 12 month high of $78.25.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Wednesday, July 26th. The specialty retailer reported $1.25 EPS for the quarter, missing the Zacks’ consensus estimate of $1.27 by ($0.02). Tractor Supply had a net margin of 6.16% and a return on equity of 30.56%. The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $2.02 billion. During the same quarter last year, the company posted $1.16 EPS. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. On average, analysts expect that Tractor Supply Company will post $3.25 earnings per share for the current year.

Tractor Supply Profile

Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company is focused on supplying the needs of recreational farmers and ranchers and others, as well as tradesmen and small businesses. It is engaged in the retail sale of products that support the rural lifestyle.

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

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