Fiduciary Family Office LLC Purchases 160 Shares of Tractor Supply (NASDAQ:TSCO)

Fiduciary Family Office LLC raised its position in Tractor Supply (NASDAQ:TSCO) by 3.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,581 shares of the specialty retailer’s stock after purchasing an additional 160 shares during the period. Fiduciary Family Office LLC’s holdings in Tractor Supply were worth $1,333,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. LRI Investments LLC purchased a new stake in shares of Tractor Supply during the 1st quarter valued at $28,000. J.Safra Asset Management Corp raised its position in Tractor Supply by 700.0% in the 1st quarter. J.Safra Asset Management Corp now owns 112 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 98 shares during the period. Future Financial Wealth Managment LLC purchased a new position in Tractor Supply in the 3rd quarter worth $29,000. Whittier Trust Co. raised its position in Tractor Supply by 60.9% in the 2nd quarter. Whittier Trust Co. now owns 111 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 42 shares during the period. Finally, OFI Invest Asset Management purchased a new position in Tractor Supply in the 2nd quarter worth $33,000. 98.72% of the stock is owned by institutional investors.

Tractor Supply Stock Performance

Tractor Supply stock traded up $0.92 during midday trading on Tuesday, reaching $271.28. 168,640 shares of the company traded hands, compared to its average volume of 1,048,278. The firm has a market capitalization of $29.26 billion, a price-to-earnings ratio of 26.45, a price-to-earnings-growth ratio of 3.34 and a beta of 0.82. The business has a 50 day moving average of $282.37 and a two-hundred day moving average of $274.26. Tractor Supply has a 12 month low of $193.60 and a 12 month high of $307.64. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.48 and a quick ratio of 0.17.

Tractor Supply Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Monday, August 26th were given a $1.10 dividend. The ex-dividend date was Monday, August 26th. This represents a $4.40 annualized dividend and a yield of 1.62%. Tractor Supply’s payout ratio is presently 42.80%.

Wall Street Analyst Weigh In

TSCO has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Tractor Supply from $260.00 to $290.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. Wedbush reissued a “neutral” rating and issued a $270.00 price target on shares of Tractor Supply in a report on Friday, October 25th. Mizuho raised their price target on shares of Tractor Supply from $250.00 to $270.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Barclays raised their price target on shares of Tractor Supply from $240.00 to $250.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. Finally, Raymond James raised their price target on shares of Tractor Supply from $285.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat, Tractor Supply currently has a consensus rating of “Hold” and a consensus target price of $282.82.

Insiders Place Their Bets

In other Tractor Supply news, CFO Kurt D. Barton sold 23,532 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $295.64, for a total value of $6,957,000.48. Following the transaction, the chief financial officer now directly owns 9,683 shares in the company, valued at approximately $2,862,682.12. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Tractor Supply news, CFO Kurt D. Barton sold 23,532 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $295.64, for a total value of $6,957,000.48. Following the transaction, the chief financial officer now directly owns 9,683 shares in the company, valued at approximately $2,862,682.12. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Matthew L. Rubin sold 540 shares of the stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $262.35, for a total transaction of $141,669.00. Following the completion of the transaction, the senior vice president now owns 5,170 shares in the company, valued at $1,356,349.50. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.58% of the company’s stock.

About Tractor Supply

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.