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Gamco Investors boosts Tractor Supply stake despite company’s Q4 earnings missing forecasts.
Gamco Investors increased its stake in rural retailer Tractor Supply by 201,200 shares, totaling 252,000 shares with a value of $13.37 million.
Despite Tractor Supply's Q4 EPS of $0.44 falling short of analysts' $2.28 expectations, the company's stock surged by 23,356.5%.
Institutional investors and hedge funds hold 98.72% of Tractor Supply's shares, valued at $27.11 billion with a P/E ratio of 25.00.
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Gamco Investors aumenta su participación en Tractor Supply a pesar de que las previsiones de ganancias del cuarto trimestre de la compañía no se cumplieron.