About 7.42M shares traded. Analysts set a 12-month price target of $16.2 a share. M Partners maintained Target Corporation (NYSE:TGT) on Thursday, November 19 with "Neutral" rating. Country Club Trust Company n.a. increased its holdings in Target by 1.3% during the 2nd quarter. Target Corporation (NYSE:TGT) has declined 16.51% since January 11, 2017 and is downtrending. Franklin Resources Inc. now owns 21,112,915 shares of the retailer's stock valued at $1,103,994,000 after acquiring an additional 1,686,774 shares during the period. Atria Investments LLC increased its stake in shares of Target by 115.7% in the 2nd quarter. CAPROCK Group Inc. bought a new stake in shares of Target during the 3rd quarter worth $832,000. Security National Bank of Sioux City Iowa IA now owns 13,341 shares of the retailer's stock worth $698,000 after acquiring an additional 102 shares during the last quarter. The institutional investor held 300 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $18,000, down from 13,112 at the end of the previous reported quarter. First Trust Advisors LP now owns 1,140,258 shares of the retailer's stock worth $59,624,000 after buying an additional 335,831 shares during the last quarter.
This stock (TGT) is ahead of its 52-week low with 45.65%. (TGT) traded up $3.27 during mid-day trading on Friday, reaching $74.00. The stock increased 3.78% or $2.6752 during the last trading session, reaching $73.4052. The stock has a market capitalization of $40,090.00, a price-to-earnings ratio of 15.55, a P/E/G ratio of 8.18 and a beta of 0.63.
The company now has an insider ownership of 0.12 Percent and Institutional ownership of 90.7 Percent.
Target Corporation (NYSE:TGT) stock has entered overbought territory as the 14-day Relative Strength Index reading touched 80.13 after yesterday's close. According to their predictions high & low revenue estimates are 22.76 Billion and 21.61 Billion respectively. Target had a net margin of 3.80% and a return on equity of 24.09%. Kanaly Trust Co now owns 1,534 shares of the retailer's stock valued at $105,000 after buying an additional 154 shares in the last quarter. During the same quarter in the prior year, the company earned $1.04 earnings per share. equities analysts expect that Target Co. will post 4.57 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Saturday, March 10th. Bankshares Of Hawaii invested in 209,921 shares or 0.69% of the stock. This represents a $2.48 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date is Monday, February 13th. Target's dividend payout ratio is 52.10%.
In other Target news, Director Roxanne S. Austin sold 4,705 shares of the stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $62.61, for a total value of $294,580.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.
A number of other research analysts also recently issued reports on TGT. BMO Capital Markets restated a "market weight" rating on shares of Target in a research report on Thursday, September 14th.
Among 14 analysts covering Sealed Air Corporation (NYSE:SEE), 7 have Buy rating, 0 Sell and 7 Hold. Finally, Moffett Nathanson started coverage on Target in a research note on Monday, December 4th. Barclays PLC reaffirmed an "underweight" rating and set a $65.00 price objective on shares of Target Corporation in a report on Wednesday, December 28th.
Sell side analysts plays vital role in buying and selling a stock where 1 analysts rated Target Corp. The stock now has a consensus rating of "Hold" and an average target price of $66.15.
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