Tractor Supply (NASDAQ:TSCO) EVP Benjamin F. Parrish, Jr. sold 2,000 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $99.05, for a total value of $198,100.00. Following the transaction, the executive vice president now owns 26,549 shares of the company’s stock, valued at $2,629,678.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of TSCO opened at $105.06 on Friday. Tractor Supply has a 52-week low of $62.50 and a 52-week high of $107.98. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.22 and a current ratio of 1.91. The firm has a market capitalization of $12.49 billion, a PE ratio of 24.38, a price-to-earnings-growth ratio of 1.96 and a beta of 1.10.
Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $0.63 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.56 by $0.07. The company had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. Tractor Supply had a return on equity of 36.86% and a net margin of 6.73%. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.57 EPS. Equities research analysts expect that Tractor Supply will post 4.71 earnings per share for the current year.
Hedge funds have recently modified their holdings of the stock. Bruderman Asset Management LLC bought a new stake in Tractor Supply during the 4th quarter worth $25,000. Cordasco Financial Network grew its position in Tractor Supply by 53.6% during the 4th quarter. Cordasco Financial Network now owns 338 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 118 shares during the last quarter. Rational Advisors LLC grew its position in Tractor Supply by 570.9% during the 4th quarter. Rational Advisors LLC now owns 369 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 314 shares during the last quarter. Liberty Wealth Management LLC acquired a new position in Tractor Supply during the 4th quarter worth about $31,000. Finally, Laurel Wealth Advisors LLC acquired a new position in Tractor Supply during the 4th quarter worth about $33,000. Institutional investors and hedge funds own 82.82% of the company’s stock.
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About Tractor Supply
Tractor Supply Company operates rural lifestyle retail stores in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use.
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