Universal Beteiligungs und Servicegesellschaft mbH Trims Stake in Tractor Supply Company (NASDAQ:TSCO)

Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) by 21.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 305,712 shares of the specialty retailer's stock after selling 81,673 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.06% of Tractor Supply worth $16,845,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Coppell Advisory Solutions LLC lifted its stake in Tractor Supply by 944.4% in the fourth quarter. Coppell Advisory Solutions LLC now owns 470 shares of the specialty retailer's stock valued at $25,000 after buying an additional 425 shares during the period. GW&K Investment Management LLC increased its holdings in shares of Tractor Supply by 89.3% in the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock worth $26,000 after acquiring an additional 226 shares in the last quarter. Dunhill Financial LLC grew its holdings in shares of Tractor Supply by 325.8% during the fourth quarter. Dunhill Financial LLC now owns 511 shares of the specialty retailer's stock worth $27,000 after buying an additional 391 shares in the last quarter. Pacific Center for Financial Services grew its holdings in shares of Tractor Supply by 400.0% during the fourth quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock worth $29,000 after buying an additional 440 shares in the last quarter. Finally, LRI Investments LLC grew its holdings in shares of Tractor Supply by 400.0% during the fourth quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock worth $33,000 after buying an additional 492 shares in the last quarter. Institutional investors own 98.72% of the company's stock.

Insider Buying and Selling at Tractor Supply

In other news, EVP Jonathan S. Estep sold 35,825 shares of the company's stock in a transaction on Monday, July 7th. The stock was sold at an average price of $56.00, for a total value of $2,006,200.00. Following the completion of the sale, the executive vice president directly owned 74,605 shares in the company, valued at $4,177,880. This represents a 32.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Matthew L. Rubin sold 2,810 shares of the company's stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $51.76, for a total value of $145,445.60. Following the completion of the sale, the senior vice president owned 29,722 shares of the company's stock, valued at $1,538,410.72. This trade represents a 8.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 105,610 shares of company stock worth $5,737,894. Insiders own 0.65% of the company's stock.

Analyst Upgrades and Downgrades

TSCO has been the subject of a number of analyst reports. Raymond James Financial restated an "outperform" rating and issued a $65.00 price target (up from $57.00) on shares of Tractor Supply in a research note on Friday. Wall Street Zen raised Tractor Supply from a "sell" rating to a "hold" rating in a report on Saturday. DA Davidson lifted their price target on Tractor Supply from $65.00 to $70.00 and gave the stock a "buy" rating in a report on Friday. UBS Group set a $61.00 price objective on Tractor Supply and gave the company a "neutral" rating in a report on Friday. Finally, Loop Capital reaffirmed a "hold" rating and issued a $60.00 price objective (up from $48.00) on shares of Tractor Supply in a report on Friday. Nine analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $61.80.

Tractor Supply Stock Down 1.8%

Shares of TSCO traded down $1.07 during mid-day trading on Monday, reaching $58.26. The company had a trading volume of 1,514,384 shares, compared to its average volume of 5,667,153. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. The firm has a 50-day moving average price of $53.27 and a 200 day moving average price of $53.38. Tractor Supply Company has a 52 week low of $46.85 and a 52 week high of $63.99. The company has a market capitalization of $30.89 billion, a price-to-earnings ratio of 28.61, a price-to-earnings-growth ratio of 3.06 and a beta of 0.75.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. Tractor Supply had a net margin of 7.18% and a return on equity of 46.83%. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.40 billion. During the same period in the previous year, the business earned $3.93 EPS. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. On average, sell-side analysts forecast that Tractor Supply Company will post 2.17 EPS for the current year.

Tractor Supply Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Wednesday, May 28th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Wednesday, May 28th. This represents a $0.92 dividend on an annualized basis and a yield of 1.58%. Tractor Supply's dividend payout ratio is presently 45.10%.

Tractor Supply Profile

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.