Teachers Retirement System of The State of Kentucky cut its holdings in shares of Tractor Supply (NASDAQ:TSCO) by 11.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 244,100 shares of the specialty retailer’s stock after selling 32,700 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Tractor Supply were worth $18,246,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. BlackRock Inc. increased its holdings in shares of Tractor Supply by 0.9% in the fourth quarter. BlackRock Inc. now owns 8,125,064 shares of the specialty retailer’s stock worth $607,347,000 after purchasing an additional 68,965 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Tractor Supply by 1.8% in the third quarter. Bank of New York Mellon Corp now owns 6,413,006 shares of the specialty retailer’s stock worth $405,879,000 after purchasing an additional 114,539 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of Tractor Supply by 138.6% in the third quarter. Janus Henderson Group PLC now owns 5,096,520 shares of the specialty retailer’s stock worth $322,558,000 after purchasing an additional 2,960,119 shares during the last quarter. Amundi Pioneer Asset Management Inc. bought a new stake in shares of Tractor Supply in the fourth quarter worth about $139,359,000. Finally, Wells Fargo & Company MN increased its holdings in shares of Tractor Supply by 10.8% in the third quarter. Wells Fargo & Company MN now owns 1,715,032 shares of the specialty retailer’s stock worth $108,545,000 after purchasing an additional 167,097 shares during the last quarter. 83.43% of the stock is currently owned by institutional investors and hedge funds.
In other Tractor Supply news, Director Edna Morris sold 1,054 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $67.07, for a total transaction of $70,691.78. Following the completion of the transaction, the director now owns 10,949 shares in the company, valued at $734,349.43. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Steve K. Barbarick sold 43,076 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $69.03, for a total value of $2,973,536.28. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.
Shares of Tractor Supply (NASDAQ TSCO) opened at $63.66 on Tuesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.24 and a current ratio of 1.95. Tractor Supply has a 52 week low of $49.87 and a 52 week high of $82.68. The firm has a market capitalization of $8,175.14, a P/E ratio of 19.29, a price-to-earnings-growth ratio of 1.20 and a beta of 1.27.
Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings data on Wednesday, January 31st. The specialty retailer reported $0.91 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.04. Tractor Supply had a return on equity of 30.81% and a net margin of 5.82%. The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.93 billion. During the same period in the previous year, the firm posted $0.94 earnings per share. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. equities analysts predict that Tractor Supply will post 4.1 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Shareholders of record on Monday, February 26th will be paid a dividend of $0.27 per share. The ex-dividend date is Friday, February 23rd. This represents a $1.08 annualized dividend and a yield of 1.70%. Tractor Supply’s payout ratio is currently 32.73%.
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.
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