Are Traders Stacks up now on Target Corporation (TGT)

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29 August, 2017

Strong Sell. Investors might also notice that two months ago the Buy recommendations (0) were less than Sell recommendations (0). On Saturday, August 22 the stock rating was maintained by Cowen & Co with "Outperform". Welch & Forbes LLC now owns 8,150 shares of the retailer's stock valued at $450,000 after buying an additional 24 shares in the last quarter. Penserra Capital Management LLC increased its position in Target Corporation by 9.5% in the first quarter.

United States Steel Corporation (NYSE:X), stock is trading $41.83 above the 52-week high and has displayed a high EPS growth of -50.10% in last 5 years. TRUE Private Wealth Advisors increased its position in Target Corporation by 0.9% in the first quarter. The number of shares now owned by investors are 549.3 mln. Parallel Advisors LLC increased its position in Target Corporation by 23.8% in the second quarter. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. Osborne Partners Capital Management LLC now owns 75,312 shares of the retailer's stock valued at $4,156,000 after buying an additional 270 shares during the last quarter.

Exxonmobil Investment Management Inc. More interesting news about Target Corporation (NYSE:TGT) were released by: Seekingalpha.com and their article: "Target Is Trying To Out-Amazon Amazon" published on August 15, 2017 as well as Investorplace.com's news article titled: "Target Corporation (TGT) Stock Finally Shows a Glimmer of Promise" with publication date: August 16, 2017. The total number of shares traded in the last 12 months is 594,904.

According to Target Corporation (TGT) most recent 13F filing, the company has 94 new institutional holders - accounting for 13.66 million shares of its common stock.

The stock decreased 1.04% or $0.57 during the last trading session, reaching $54.44. About 491,534 shares traded. The stock appeared $79.33 above its 52-week highs and is down -1.15% for the last five trades. The stock has a market cap of $30.05 billion, a PE ratio of 11.12 and a beta of 0.61. The company has a 50-day moving average of $55.01 and a 200-day moving average of $55.94. This represents an increase of 146% compared to the average daily volume of 11,363 put options. (TGT)'s stock declined 14.90%. The retailer reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.03. Target Corporation had a net margin of 3.99% and a return on equity of 25.06%. The firm had revenue of $16.43 billion during the quarter, compared to the consensus estimate of $16.30 billion. Comparatively, TGT posted earnings of $0.96 per share in the same quarter, a year earlier. The insider now holds 53,187 shares of Target Corporation (TGT).

The firm also recently announced a quarterly dividend, which will be paid on Sunday, September 10th. Shareholders of record on Wednesday, August 16th will be issued a dividend of $0.62 per share. This is an increase from Target Corporation's previous quarterly dividend of $0.60. This represents a $2.48 annualized dividend and a yield of 4.51%. The company was maintained on Monday, August 17 by Deutsche Bank. Target Corporation's dividend payout ratio is now 50.00%.

A number of equities analysts recently weighed in on TGT shares. Target Corporation has had 4 insider trades in the last 3 months, including 0 open market buys and 4 sells. Target Corporation had 60 analyst reports since July 21, 2015 according to SRatingsIntel.

The consensus recommendation, according to Zacks Investment research, is 2.96. On Monday, May 16 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.

Price targets show what analysts believes a stock will be worth at the end of a certain time period.

In the transaction dated March 02, 2017, the great number of shares acquired came courtesy the Executive Officer; Liu Don H added a total of 2,000 shares at an average price of $58.2, amounting to approximately $116,400. Of those transactions, there were 403,055 shares of TGT bought and 191,849 shares sold. (TGT) stake by 65.1% reported in 2016Q4 SEC filing. Corporate insiders own 0.25% of the company's stock.


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