Tractor Supply Company (TSCO) : Provident Investment Management scooped up 3,610 additional shares in Tractor Supply Company during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now holds a total of 341,021 shares of Tractor Supply Company which is valued at $30.5 Million.Tractor Supply Company makes up approximately 6.59% of Provident Investment Management’s portfolio.
Other Hedge Funds, Including , Sg Americas Securities boosted its stake in TSCO during the Q4 period, The investment management firm added 32,758 additional shares and now holds a total of 87,776 shares of Tractor Supply Company which is valued at $7.8 Million. Tractor Supply Company makes up approx 0.06% of Sg Americas Securities’s portfolio.Renaissance Technologies boosted its stake in TSCO during the Q4 period, The investment management firm added 277,000 additional shares and now holds a total of 310,700 shares of Tractor Supply Company which is valued at $27.7 Million. Tractor Supply Company makes up approx 0.06% of Renaissance Technologies’s portfolio.Victory Capital Management Inc reduced its stake in TSCO by selling 503,980 shares or 64.0% during the fourth quarter. The Hedge Fund company now holds 283,550 shares of TSCO which is valued at $25.3 Million. Tractor Supply Company makes up approx 0.11% of Victory Capital Management Inc’s portfolio.
On the company’s financial health, Tractor Supply Company reported $0.82 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jan 27, 2016. Analyst had a consensus of $0.83. The company had revenue of $1646.51 million for the quarter, compared to analysts expectations of $1728.98 million. The company’s revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS.
Many Wall Street Analysts have commented on Tractor Supply Company. Shares were Reiterated by Telsey Advisory Group on Jan 13, 2016 to “Outperform” and Lowered the Price Target to $ 100 from a previous price target of $105 .Shares were Reiterated by RBC Capital Mkts on Jan 13, 2016 to “Outperform” and Lowered the Price Target to $ 90 from a previous price target of $94 .
Tractor Supply Company opened for trading at $89.48 and hit $90 on the upside on Monday, eventually ending the session at $89.55, with a gain of 0.27% or 0.24 points. The heightened volatility saw the trading volume jump to 4,66,387 shares. Company has a market cap of $11,976 M.
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.