Riverpark Advisors LLC Lowered Holding in Tractor Supply Co (TSCO) by $9.62 Million

May 18, 2018 - By Marguerite Chambers

Tractor Supply Company (NASDAQ:TSCO) LogoInvestors sentiment decreased to 0.89 in 2017 Q4. Its down 0.14, from 1.03 in 2017Q3. It dived, as 46 investors sold TSCO shares while 182 reduced holdings. 75 funds opened positions while 128 raised stakes. 98.98 million shares or 9.59% less from 109.48 million shares in 2017Q3 were reported. Gulf International Bank & Trust (Uk) invested 0.04% of its portfolio in Tractor Supply Company (NASDAQ:TSCO). Todd Asset Mngmt Ltd Com reported 231,992 shares. Bb&T Securities Ltd Liability holds 87,900 shares. Advsr Limited Limited Liability Company accumulated 710 shares. Daiwa Grp Inc stated it has 50,743 shares or 0.03% of all its holdings. Manchester Cap Mgmt Ltd Llc holds 0% or 245 shares. Sg Americas Ltd Limited Liability Company holds 0.02% of its portfolio in Tractor Supply Company (NASDAQ:TSCO) for 24,683 shares. Td Asset Mngmt has 0% invested in Tractor Supply Company (NASDAQ:TSCO) for 37,175 shares. Investment reported 1.77% stake. Northern Trust invested 0.03% of its portfolio in Tractor Supply Company (NASDAQ:TSCO). Kennedy Mngmt Incorporated accumulated 0% or 2,726 shares. Davis R M stated it has 0.16% in Tractor Supply Company (NASDAQ:TSCO). Vident Investment Advisory Limited Liability Com has invested 0.03% of its portfolio in Tractor Supply Company (NASDAQ:TSCO). Evercore Wealth Management Lc reported 315 shares or 0% of all its holdings. Moreover, Rhumbline Advisers has 0.04% invested in Tractor Supply Company (NASDAQ:TSCO).

Since December 18, 2017, it had 0 buys, and 2 insider sales for $3.04 million activity. $70,687 worth of Tractor Supply Company (NASDAQ:TSCO) was sold by MORRIS EDNA on Tuesday, February 6.

Riverpark Advisors Llc decreased its stake in Tractor Supply Co (TSCO) by 24.25% based on its latest 2017Q4 regulatory filing with the SEC. Riverpark Advisors Llc sold 130,000 shares as the company’s stock declined 20.19% with the market. The institutional investor held 406,000 shares of the building materials company at the end of 2017Q4, valued at $30.35 million, down from 536,000 at the end of the previous reported quarter. Riverpark Advisors Llc who had been investing in Tractor Supply Co for a number of months, seems to be less bullish one the $8.75 billion market cap company. The stock increased 0.93% or $0.66 during the last trading session, reaching $71.67. About 988,149 shares traded. Tractor Supply Company (NASDAQ:TSCO) has declined 13.12% since May 18, 2017 and is downtrending. It has underperformed by 24.67% the S&P500.

Riverpark Advisors Llc, which manages about $2.88 billion and $698.44 million US Long portfolio, upped its stake in Celgene Corp (NASDAQ:CELG) by 90,000 shares to 217,000 shares, valued at $22.65 million in 2017Q4, according to the filing.

Analysts await Tractor Supply Company (NASDAQ:TSCO) to report earnings on July, 25. They expect $1.59 EPS, up 27.20 % or $0.34 from last year’s $1.25 per share. TSCO’s profit will be $194.05 million for 11.27 P/E if the $1.59 EPS becomes a reality. After $0.57 actual EPS reported by Tractor Supply Company for the previous quarter, Wall Street now forecasts 178.95 % EPS growth.

More important recent Tractor Supply Company (NASDAQ:TSCO) news were published by: Seekingalpha.com which released: “Tractor Supply’s Moat Is Getting Wider” on May 08, 2018, also Fool.ca published article titled: “The Lucky 7”, Nasdaq.com published: “Market Trends Toward New Normal in Community Healthcare Trust, Delek US, Endurance International Group, Tractor …” on April 20, 2018. More interesting news about Tractor Supply Company (NASDAQ:TSCO) was released by: Nasdaq.com and their article: “Tractor Supply Company Announces 14.8% Dividend Increase, Marking Eighth Consecutive Year of Dividend Increases” with publication date: May 10, 2018.

Tractor Supply Company (NASDAQ:TSCO) Ratings Coverage

Among 20 analysts covering Tractor Supply (NASDAQ:TSCO), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. Tractor Supply had 32 analyst reports since December 4, 2017 according to SRatingsIntel. The company was maintained on Thursday, February 1 by BMO Capital Markets. The firm has “Buy” rating given on Monday, January 15 by Guggenheim. The stock of Tractor Supply Company (NASDAQ:TSCO) has “Buy” rating given on Tuesday, January 16 by Robert W. Baird. Wedbush maintained the shares of TSCO in report on Friday, April 27 with “Neutral” rating. Stephens maintained Tractor Supply Company (NASDAQ:TSCO) on Tuesday, January 16 with “Hold” rating. Telsey Advisory Group downgraded the shares of TSCO in report on Thursday, January 25 to “Market Perform” rating. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, April 17 report. As per Wednesday, January 31, the company rating was maintained by Robert W. Baird. The company was maintained on Tuesday, April 24 by RBC Capital Markets. Wedbush downgraded the stock to “Hold” rating in Thursday, January 11 report.

Tractor Supply Company (NASDAQ:TSCO) Institutional Positions Chart

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