Cibc Asset Management Lifted Servicenow (NOW) Holding By $3.79 Million; Avalon Advisors Has Cut By $1.54 Million Its Tractor Supply Co (TSCO) Position

June 23, 2018 - By Stephen Andrade

Tractor Supply Company (NASDAQ:TSCO) Logo

Avalon Advisors Llc decreased Tractor Supply Co (TSCO) stake by 86.79% reported in 2018Q1 SEC filing. Avalon Advisors Llc sold 24,500 shares as Tractor Supply Co (TSCO)’s stock rose 13.07%. The Avalon Advisors Llc holds 3,730 shares with $235,000 value, down from 28,230 last quarter. Tractor Supply Co now has $9.38 billion valuation. The stock decreased 0.90% or $0.7 during the last trading session, reaching $76.85. About 1.48 million shares traded. Tractor Supply Company (NASDAQ:TSCO) has risen 34.87% since June 23, 2017 and is uptrending. It has outperformed by 22.30% the S&P500. Some Historical TSCO News: 27/03/2018 – Tractor Supply Co. Searching for 4-H, FFA ‘Great Neighbors’; 24/05/2018 – Tractor Supply Presenting at Conference Jun 7; 08/03/2018 Tractor Supply Company Announces Expansion of Scholarship Program With Women in Technology Tennessee; 16/05/2018 – Tractor Supply at Site Visit Hosted By Bernstein AB Today; 26/04/2018 – Tractor Supply Sees FY18 EPS $3.95-EPS $4.15; 27/03/2018 – Tractor Supply Co. Searching for 4-H, FFA `Great Neighbors’; 10/05/2018 – Tractor Supply Raises Dividend 15% To Mark The 8th-straight Year Of Increases — MarketWatch; 25/04/2018 – Moody’s Affirms Four and Downgrades Three Classes of JPMCC 2007-LDP10; 10/05/2018 – Tractor Supply Raises Dividend to 31c Vs. 27c; 24/05/2018 – Tractor Supply Company Releases 2017 Stewardship Report

Cibc Asset Management Inc increased Servicenow Inc (NOW) stake by 315.29% reported in 2018Q1 SEC filing. Cibc Asset Management Inc acquired 22,944 shares as Servicenow Inc (NOW)’s stock rose 10.06%. The Cibc Asset Management Inc holds 30,221 shares with $5.00M value, up from 7,277 last quarter. Servicenow Inc now has $31.22 billion valuation. The stock decreased 1.98% or $3.57 during the last trading session, reaching $176.7. About 2.42M shares traded or 29.86% up from the average. ServiceNow, Inc. (NYSE:NOW) has risen 69.08% since June 23, 2017 and is uptrending. It has outperformed by 56.51% the S&P500. Some Historical NOW News: 25/04/2018 – ServiceNow 1Q EPS 6c; 25/04/2018 – ServiceNow 1Q Rev $589.2M; 05/04/2018 – ServiceNow Research Uncovers Security’s Patching Paradox; 01/05/2018 – Biomedical Depot and Imaging Repair Service Now Available from Parts; 10/04/2018 – BAFFLE(™) HIRES VP OF PRODUCTS AND MARKETING; COMPANY CONTINUES TO EXPAND MARKET MOMENTUM AND AWARENESS IN 2018; 25/04/2018 – SERVICENOW INC QTRLY SHR $0.06; 25/04/2018 – SERVICENOW BUYS VENDORHAWK IN ALL-CASH TRANSACTION; 25/04/2018 – ServiceNow Sees 2Q GAAP Subscription Revenue $568 Million to $573 Million; 25/04/2018 – TECHNOLOGY EXECUTIVE DENNIS WOODSIDE JOINS SERVICENOW BOARD; 25/05/2018 – Nuvolo Receives Biggest Deal ServiceNow Store Award

Cibc Asset Management Inc decreased Ross Stores Inc (NASDAQ:ROST) stake by 4,234 shares to 78,193 valued at $6.10 million in 2018Q1. It also reduced Pnc Finl Svcs Group Inc (NYSE:PNC) stake by 19,189 shares and now owns 46,611 shares. Wells Fargo Co New (NYSE:WFC) was reduced too.

Among 41 analysts covering ServiceNow Inc (NYSE:NOW), 33 have Buy rating, 0 Sell and 8 Hold. Therefore 80% are positive. ServiceNow Inc had 133 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of ServiceNow, Inc. (NYSE:NOW) has “Buy” rating given on Tuesday, May 8 by FBN Securities. The company was maintained on Thursday, February 1 by Barclays Capital. The rating was maintained by RBC Capital Markets with “Top Pick” on Thursday, January 28. Cowen & Co maintained ServiceNow, Inc. (NYSE:NOW) rating on Wednesday, January 31. Cowen & Co has “Buy” rating and $170.0 target. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, January 31. The firm has “Buy” rating given on Thursday, July 30 by UBS. Mizuho maintained ServiceNow, Inc. (NYSE:NOW) on Wednesday, July 26 with “Buy” rating. The company was maintained on Tuesday, January 30 by Bank of America. The stock of ServiceNow, Inc. (NYSE:NOW) earned “Strong Buy” rating by Raymond James on Tuesday, May 8. On Friday, October 6 the stock rating was maintained by KeyBanc Capital Markets with “Buy”.

Since January 9, 2018, it had 0 buys, and 29 selling transactions for $138.62 million activity. The insider Slootman Frank sold 100,000 shares worth $16.45 million. Desai Chirantan Jitendra had sold 2,836 shares worth $487,111 on Thursday, May 17. 2,242 shares were sold by Schneider David, worth $336,300 on Thursday, February 15. $581,344 worth of ServiceNow, Inc. (NYSE:NOW) was sold by Sands Anita M on Thursday, June 14. Shares for $663,525 were sold by WADORS PATRICIA L. $5.65M worth of ServiceNow, Inc. (NYSE:NOW) was sold by LUDDY FREDERIC B on Monday, March 12. Another trade for 19,673 shares valued at $2.80M was made by BOSTROM SUSAN L on Friday, February 9.

Investors sentiment decreased to 1.03 in Q1 2018. Its down 0.02, from 1.05 in 2017Q4. It dived, as 34 investors sold NOW shares while 154 reduced holdings. 74 funds opened positions while 120 raised stakes. 166.80 million shares or 0.47% less from 167.59 million shares in 2017Q4 were reported. Clough Capital Prtn Lp holds 1.45% or 91,610 shares. Tremblant Cap owns 281,557 shares. Victory Capital Management accumulated 0.14% or 384,636 shares. Utd Services Automobile Association holds 0.12% in ServiceNow, Inc. (NYSE:NOW) or 269,700 shares. Gsa Cap Ptnrs Llp reported 10,698 shares. Lpl Financial Ltd Llc holds 5,273 shares or 0% of its portfolio. Cubist Systematic Strategies Ltd Company reported 0.16% in ServiceNow, Inc. (NYSE:NOW). Bnp Paribas Asset Holding holds 0.19% or 132,931 shares in its portfolio. Prudential Financial holds 10,500 shares. Emerald Advisers Inc Pa holds 14,933 shares or 0.1% of its portfolio. Millennium Llc reported 696,135 shares. Massmutual Fsb Adv owns 150 shares for 0% of their portfolio. Lincoln invested in 1,961 shares. Smithfield reported 0.01% stake. Lord Abbett And Limited invested in 0.22% or 452,994 shares.

Analysts await Tractor Supply Company (NASDAQ:TSCO) to report earnings on July, 25. They expect $1.60 EPS, up 28.00% or $0.35 from last year’s $1.25 per share. TSCO’s profit will be $195.29M for 12.01 P/E if the $1.60 EPS becomes a reality. After $0.57 actual EPS reported by Tractor Supply Company for the previous quarter, Wall Street now forecasts 180.70% EPS growth.

Avalon Advisors Llc increased Omnicom Group Inc (NYSE:OMC) stake by 127,654 shares to 209,103 valued at $15.20M in 2018Q1. It also upped Taiwan Semiconductor Mfg Ltd (NYSE:TSM) stake by 32,962 shares and now owns 197,299 shares. Broadridge Financial Solutions (NYSE:BR) was raised too.

More news for Tractor Supply Company (NASDAQ:TSCO) were recently published by: Benzinga.com, which released: “7 Reasons To Like Tractor Supply Courtesy Of Gordon Haskett” on June 20, 2018. Nasdaq.com‘s article titled: “Smart Supply Chain: Tractor Supply Selects CBX Software to Scale Private Label Growth” and published on June 05, 2018 is yet another important article.

Since February 6, 2018, it had 0 insider buys, and 1 insider sale for $70,687 activity. MORRIS EDNA sold $70,687 worth of stock.

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.01, from 0.89 in 2017Q4. It turned negative, as 51 investors sold TSCO shares while 177 reduced holdings. 74 funds opened positions while 127 raised stakes. 96.81 million shares or 2.20% less from 98.98 million shares in 2017Q4 were reported. 109,066 were accumulated by Envestnet Asset Mngmt Inc. Quantitative Systematic Strategies holds 0.16% of its portfolio in Tractor Supply Company (NASDAQ:TSCO) for 11,935 shares. Thomas Story & Son Llc reported 88,832 shares or 3.28% of all its holdings. Tiaa Cref Invest Limited Liability reported 383,228 shares. Davis R M reported 55,573 shares. Profund Advsr Ltd Liability Corp owns 4,261 shares or 0.01% of their US portfolio. Utd Services Automobile Association reported 48,034 shares stake. First Fincl In has invested 0.03% of its portfolio in Tractor Supply Company (NASDAQ:TSCO). Dubuque Bancorporation, a Iowa-based fund reported 7 shares. Moreover, Icon Advisers Company has 0.02% invested in Tractor Supply Company (NASDAQ:TSCO) for 4,000 shares. 39,561 are held by Arcadia Invest Mngmt Corporation Mi. 307,810 are owned by Canada Pension Plan Invest Board. Northern Tru holds 0.02% or 1.40 million shares in its portfolio. Fruth Management stated it has 1.2% in Tractor Supply Company (NASDAQ:TSCO). Comerica has invested 0.06% in Tractor Supply Company (NASDAQ:TSCO).

Among 32 analysts covering Tractor Supply (NASDAQ:TSCO), 12 have Buy rating, 1 Sell and 19 Hold. Therefore 38% are positive. Tractor Supply had 92 analyst reports since July 23, 2015 according to SRatingsIntel. JP Morgan maintained the stock with “Overweight” rating in Thursday, June 30 report. Telsey Advisory Group maintained the shares of TSCO in report on Thursday, October 20 with “Outperform” rating. RBC Capital Markets maintained Tractor Supply Company (NASDAQ:TSCO) on Friday, September 8 with “Hold” rating. The firm has “Hold” rating by RBC Capital Markets given on Monday, February 12. The company was maintained on Thursday, February 1 by Telsey Advisory. Wedbush maintained it with “Hold” rating and $69.0 target in Wednesday, February 21 report. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, January 16 report. The firm earned “Buy” rating on Monday, October 2 by Robert W. Baird. The firm earned “Hold” rating on Friday, October 28 by Argus Research. The firm has “Buy” rating by UBS given on Thursday, April 21.

Tractor Supply Company (NASDAQ:TSCO) Institutional Positions Chart

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