Tractor Supply Company (TSCO) : Kynikos Associates Lp reduced its stake in Tractor Supply Company by 9.17% during the most recent quarter end. The investment management company now holds a total of 72,238 shares of Tractor Supply Company which is valued at $5,136,122 after selling 7,293 shares in Tractor Supply Company , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Tractor Supply Company makes up approximately 1.61% of Kynikos Associates Lp’s portfolio.
Other Hedge Funds, Including , Tudor Investment Corp Et Al added TSCO to its portfolio by purchasing 15,206 company shares during the most recent quarter which is valued at $1,095,592. Tractor Supply Company makes up approx 0.04% of Tudor Investment Corp Et Al’s portfolio. Marble Harbor Investment Counsel sold out all of its stake in TSCO during the most recent quarter. The investment firm sold 2,400 shares of TSCO which is valued $157,464.Quantbot Technologies Lp boosted its stake in TSCO in the latest quarter, The investment management firm added 58,766 additional shares and now holds a total of 69,867 shares of Tractor Supply Company which is valued at $4,503,627. Tractor Supply Company makes up approx 0.52% of Quantbot Technologies Lp’s portfolio.Great West Life Assurance Co Can boosted its stake in TSCO in the latest quarter, The investment management firm added 1,252 additional shares and now holds a total of 85,146 shares of Tractor Supply Company which is valued at $5,272,240. Tractor Supply Company makes up approx 0.02% of Great West Life Assurance Co Can’s portfolio. Meeder Asset Management Inc sold out all of its stake in TSCO during the most recent quarter. The investment firm sold 3,713 shares of TSCO which is valued $242,348.
Tractor Supply Company closed down -0.25 points or -0.34% at $72.91 with 16,69,758 shares getting traded on Monday. Post opening the session at $72.89, the shares hit an intraday low of $72.04 and an intraday high of $73.39 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Tractor Supply Company reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Oct 19, 2016. Analyst had a consensus of $0.66. The company had revenue of $1542.00 million for the quarter, compared to analysts expectations of $1544.40 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS.
Many Wall Street Analysts have commented on Tractor Supply Company. Tractor Supply Company was Downgraded by Argus to ” Hold” on Oct 28, 2016. Shares were Reiterated by Telsey Advisory Group on Oct 20, 2016 to “Outperform” and Lowered the Price Target to $ 80 from a previous price target of $88 .Shares were Reiterated by Wedbush on Oct 20, 2016 to “Neutral” and Lowered the Price Target to $ 65 from a previous price target of $72 .
Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company focuses on supplying the lifestyle needs of recreational farmers and ranchers as well as tradesmen and small businesses. As of December 27 2014 it operated 1382 retail stores in 49 states under the names Tractor Supply Company Del’s Feed & Farm Supply and HomeTown Pet. It also operates a Website under the name TractorSupply.com. It offers a portfolio of products which include equine livestock pet and small animal products; hardware truck towing and tool products; seasonal products including lawn and garden items power equipment gifts and toys; work/recreational clothing and footwear and maintenance products for agricultural and rural use. Its products are offered under various brands which include 4health Blue Mountain Countyline Equistages Groundwork Huskee JobSmart Dumor C.E. Schmidt Paws & Claws Producer’s Pride and Redstone among others.