Aurora Investment Counsel Takes $2.30 Million Position in Tractor Supply (NASDAQ:TSCO)

Aurora Investment Counsel bought a new position in Tractor Supply (NASDAQ:TSCO) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 30,720 shares of the specialty retailer’s stock, valued at approximately $2,296,000.

Several other large investors have also modified their holdings of TSCO. Comerica Securities Inc. lifted its stake in Tractor Supply by 67.4% during the second quarter. Comerica Securities Inc. now owns 5,596 shares of the specialty retailer’s stock worth $303,000 after purchasing an additional 2,254 shares during the last quarter. Strs Ohio increased its position in Tractor Supply by 248.4% during the third quarter. Strs Ohio now owns 5,818 shares of the specialty retailer’s stock worth $368,000 after buying an additional 4,148 shares during the period. Andra AP fonden increased its position in Tractor Supply by 88.8% during the second quarter. Andra AP fonden now owns 18,500 shares of the specialty retailer’s stock worth $1,003,000 after buying an additional 8,700 shares during the period. Tandem Investment Advisors Inc. increased its position in Tractor Supply by 8.8% during the second quarter. Tandem Investment Advisors Inc. now owns 90,437 shares of the specialty retailer’s stock worth $4,903,000 after buying an additional 7,347 shares during the period. Finally, Achmea Investment Management B.V. increased its position in Tractor Supply by 58.3% during the second quarter. Achmea Investment Management B.V. now owns 12,891 shares of the specialty retailer’s stock worth $697,000 after buying an additional 4,748 shares during the period. 92.33% of the stock is owned by hedge funds and other institutional investors.

In related news, CMO Steve K. Barbarick sold 43,076 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $69.03, for a total value of $2,973,536.28. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.20% of the stock is owned by company insiders.

A number of research analysts recently weighed in on TSCO shares. Northcoast Research reaffirmed a “buy” rating on shares of Tractor Supply in a report on Wednesday, January 3rd. Zacks Investment Research downgraded Tractor Supply from a “hold” rating to a “sell” rating in a research report on Monday, October 16th. BMO Capital Markets boosted their target price on Tractor Supply from $58.00 to $61.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 27th. Wedbush restated an “outperform” rating and issued a $72.00 price objective (up from $65.00) on shares of Tractor Supply in a research report on Tuesday, October 3rd. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $57.00 target price on shares of Tractor Supply in a research report on Friday, September 29th. Sixteen research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. Tractor Supply presently has an average rating of “Hold” and an average price target of $67.80.

Shares of Tractor Supply (TSCO) traded down $0.96 during midday trading on Thursday, hitting $78.53. The company had a trading volume of 1,432,300 shares, compared to its average volume of 1,388,743. The company has a market cap of $9,800.00, a P/E ratio of 23.30, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. Tractor Supply has a 1-year low of $49.87 and a 1-year high of $79.72. The company has a current ratio of 2.00, a quick ratio of 0.17 and a debt-to-equity ratio of 0.38.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings results on Wednesday, October 25th. The specialty retailer reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.04. The business had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.68 billion. Tractor Supply had a return on equity of 31.25% and a net margin of 6.04%. The business’s revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the business posted $0.67 EPS. equities research analysts forecast that Tractor Supply will post 3.28 earnings per share for the current year.

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Tractor Supply Company 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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