Strong Sell. Investors might also notice that two months ago the Buy recommendations (0) were less than Sell recommendations (0). Penserra Capital Management LLC increased its position in Target Corporation by 9.5% in the first quarter. Carlton Hofferkamp & Jenks Wealth Management LLC raised its position in Target Corporation by 8.4% in the first quarter. The number of shares now owned by investors are 549.3 mln. WealthTrust Fairport LLC increased its position in Target Corporation by 0.9% in the first quarter. The stock has “Buy” rating by Citigroup on Monday, November 9. Finally, Guardian Investment Management bought a new position in Target Corporation during the first quarter valued at about $782,000.
Robinson Capital Management Llc holds 1.52% of its portfolio in Mainstay Definedterm Municipal Opptys Fd for 152,597 shares. Below is a list of Target Corporation (NYSE:TGT) latest ratings and price target changes.
Genesee Valley Trust Company decreased Target Corp.
Shares of Target Corporation (TGT) traded up 1.24% on Friday, reaching $54.88. These shares are worth $137,360 and were traded at $52.05 each. The stock appeared $79.33 above its 52-week highs and is down -1.15% for the last five trades. Vantage Investment Partners Llc who had been investing in Target Corp for a number of months, seems to be less bullish one the $29.77B market cap company. The company has a 50-day moving average of $55.01 and a 200-day moving average of $55.94. Traders acquired 27,938 put options on the stock. This is an increase of approximately 146% compared to the typical daily volume of 11,363 put options. Target Corporation (NYSE:TGT) has declined 16.51% since August 28, 2016 and is downtrending. The retailer reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.03. The Return on Investment (ROI) ratio of Target Corp.
17 analysts on average are expecting the company to report revenue of $16.55 Billion for the current quarter. During the same period previous year, the firm posted $1.23 EPS. The company’s revenue was up 1.6% compared to the same quarter past year. It now has negative earnings. Shareholders of record on Wednesday, August 16th will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 4.51%. Telsey Advisory Group maintained Target Corporation (NYSE:TGT) on Thursday, November 17 with “Outperform” rating. Target Corporation’s dividend payout ratio (DPR) is 50.00%.
A number of equities analysts recently weighed in on TGT shares. The count of Hold ratings in that period was 3. Target Corporation had 60 analyst reports since July 21, 2015 according to SRatingsIntel.
Among 24 analysts covering Target Corporation (NYSE:TGT), 6 have Buy rating, 3 Sell and 15 Hold. On Sunday, September 6 the stock rating was maintained by Deutsche Bank with “Hold”. Finally, Gordon Haskett began coverage on Target Corporation in a research note on Tuesday, May 9th. Credit Suisse has “Neutral” rating and $65 target.
Several analysts have released their opinion on Target Corporation (NYSE:TGT), with 3 analysts believing it is a strong buy.
In other Target Corporation news, insider Robert M. Harrison sold 2,639 shares of the firm’s stock in a transaction dated Wednesday, July 5th. In a transaction dated March 06, 2017, the shares were bought at an average price of $57, giving away a sum of $114,000.
According to Target Corporation’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 85.54%. Corporate insiders own 0.25% of the company’s stock.
Target Corporation is a general merchandise retailer selling products through its stores and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items.