Target (NYSE:TGT) last released its quarterly earnings results on Wednesday, November 15th. The number of shares now owned by investors are 544.5 mln. Target comprises 0.7% of Lathrop Investment Management Corp's holdings, making the stock its 28th largest holding.
In other Target news, Director Roxanne S. Austin sold 4,705 shares of the company's stock in a transaction on Friday, December 15th. Kistler Tiffany Companies LLC grew its stake in Target by 42.4% during the 4th quarter. Kanaly Trust Co increased its stake in Target Corporation by 11.2% in the third quarter. Penserra Capital Management LLC now owns 1,512 shares of the retailer's stock valued at $103,000 after buying an additional 756 shares in the last quarter. Vanguard Group Inc. lifted its stake in Target by 0.4% during the second quarter. It also increased its holding in Altria Group Inc (NYSE:MO) by 5,142 shares in the quarter, for a total of 54,760 shares, and has risen its stake in Abbvie Inc (NYSE:ABBV). Franklin Resources Inc. lifted its stake in Target by 8.7% during the second quarter. State Street Corp now owns 51,944,505 shares of the retailer's stock worth $2,716,176,000 after purchasing an additional 775,265 shares during the last quarter.
Hcsf Management Llc holds 9.27% of its portfolio in Nautilus, Inc. for 751,924 shares. Bankshares Of Hawaii invested in 209,921 shares or 0.69% of the stock.
TRADEMARK VIOLATION NOTICE: "Target Co". M Partners maintained Target Corporation (NYSE:TGT) on Thursday, November 19 with "Neutral" rating. Target Co. has a 52 week low of $48.56 and a 52 week high of $74.06. The stock has a market capitalization of $35.78 billion, a PE ratio of 11.33 and a beta of 0.62. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.27 and a current ratio of 0.96. After $0.91 actual EPS reported by Target Corporation for the previous quarter, Wall Street now forecasts 30.77 % EPS growth.
Target Corp's Williams Percent Range or 14 day Williams %R now sits at -3.95. The business had revenue of $16.67 billion during the quarter, compared to analysts' expectations of $16.61 billion. The hedge fund run by Robert Polak held 1.04 million shares of the major chemicals company at the end of 2017Q3, valued at $44.60 million, down from 1.22M at the end of the previous reported quarter.
Target Corp. (NYSE:TGT) reported its EPS in the last quarter as $0.91/Share beating the analyst estimate of $0.86/Share by a difference of $0.05. Shareholders of record on Wednesday, February 21st will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 3.35%. Target's payout ratio is now 52.10%.
Barry Bennell trial: Boys had 'untold rule not to report abuse'
However, he said none of the boys spoke out about what was happening, adding: "It was nearly like an untold rule, like "shut up". Bennell would share his double bed with up to two boys at a time, turn off the lights and play music loudly, he said.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Sanford C. Bernstein set a $65.00 target price on shares of Target and gave the company a buy rating in a research note on Thursday, December 14th. Deutsche Bank upgraded shares of Target from a "neutral" rating to a "positive" rating and lifted their price objective for the company from $57.00 to $70.00 in a research note on Wednesday. Stifel Nicolaus lowered their price objective on shares of Target from $65.00 to $62.00 and set a hold rating for the company in a research report on Thursday, November 16th. They issued a buy rating and a $85.00 price objective for the company.
Among 28 analysts covering Target Corporation (NYSE:TGT), 8 have Buy rating, 3 Sell and 17 Hold. (NASDAQ:INTU)'s stock has been 23.11% and 40.06% for the last 12 months.
Sell-side analyst recommendations point to a short term price target of $34.36 on the shares of Entegris, Inc. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.
ILLEGAL ACTIVITY WARNING: "Lathrop Investment Management Corp Has $2.57 Million Stake in Target Co". Boosts Position in Target Co. If you are viewing this story on another website, it was copied illegally and reposted in violation of USA and global copyright law.
Target Corp. (NYSE:TGT) now has a Weekly Volatility of 2.87% percent while its Monthly Volatility is at 2.14% percent. The Company's general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. Its digital channels include a range of general merchandise, including a range of items found in its stores, along with an assortment, such as additional sizes and colors sold only online.