Symons Capital Management Inc. decreased its holdings in shares of Target Corporation (NYSE:TGT) by 54.5% throughout the third quarter, based on its most up-to-date 13F submitting with the SEC. The fund owned 153,505 shares of the retailer’s inventory after promoting 183,580 shares throughout the interval. Target Corporation makes up 2.three% of Symons Capital Management Inc.’s funding portfolio, making the inventory its 24th largest holding. Symons Capital Management Inc.’s holdings in Target Corporation have been value $9,zero58,000 as of its most up-to-date SEC submitting.
Several different hedge funds have additionally not too long ago added to or decreased their stakes within the firm. Parallel Advisors LLC elevated its holdings in Target Corporation by 23.eight% throughout the 2nd quarter. Parallel Advisors LLC now owns 2,072 shares of the retailer’s inventory valued at $117,000 after buying a further 399 shares within the final quarter. Davidson Investment Advisors grew its holdings in shares of Target Corporation by 18.5% throughout the first quarter. Davidson Investment Advisors now owns 2,559 shares of the retailer’s inventory value $141,000 after shopping for a further 400 shares within the final quarter. Jacobi Capital Management LLC grew its holdings in shares of Target Corporation by 109.eight% throughout the third quarter. Jacobi Capital Management LLC now owns 2,503 shares of the retailer’s inventory value $141,000 after shopping for a further 1,310 shares within the final quarter. Kistler Tiffany Companies LLC grew its holdings in shares of Target Corporation by 19.1% throughout the second quarter. Kistler Tiffany Companies LLC now owns 2,775 shares of the retailer’s inventory value $145,000 after shopping for a further 445 shares within the final quarter. Finally, Sandy Spring Bank grew its holdings in shares of Target Corporation by 6.7% throughout the second quarter. Sandy Spring Bank now owns 2,959 shares of the retailer’s inventory value $155,000 after shopping for a further 185 shares within the final quarter. Institutional traders personal 83.51% of the corporate’s inventory.
TGT has been the subject of numerous latest badysis stories. TheAvenue raised shares of Target Corporation from a “c+” ranking to a “b” ranking in a badysis report on Thursday, September 28th. MKM Partners upped their value goal on shares of Target Corporation from $58.00 to $69.00 and gave the corporate a “buy” ranking in a report on Thursday, August 17th. Zacks Investment Research upgraded shares of Target Corporation from a “hold” ranking to a “buy” ranking and set a $63.00 goal value for the corporate in a badysis notice on Tuesday, October 10th. Vetr upgraded shares of Target Corporation from a “hold” ranking to a “buy” ranking and set a $59.67 value goal for the corporate in a badysis report on Monday, August 14th. Finally, BMO Capital Markets restated a “market weight” ranking on shares of Target Corporation in a badysis report on Thursday, September 14th. Five badysis badysts have rated the inventory with a promote ranking, seventeen have given a maintain ranking and 5 have badigned a purchase ranking to the inventory. Target Corporation presently has a consensus ranking of “Hold” and a median goal value of $62.91.
Target Corporation (TGT) traded up $three.04 on Friday, reaching $58.14. The firm had a buying and selling quantity of 15,956,657 shares, in comparison with its common quantity of seven,893,817. The firm has a market cap of $31,623.10, a P/E ratio of 12.11, a PEG ratio of 5.20 and a beta of zero.63. Target Corporation has a twelve month low of $48.56 and a twelve month excessive of $79.33. The firm has a debt-to-equity ratio of 1.01, a present ratio of zero.96 and a fast ratio of zero.26.
Target Corporation (NYSE:TGT) final launched its quarterly earnings outcomes on Wednesday, November 15th. The retailer reported $zero.91 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $zero.86 by $zero.05. The enterprise had income of $16.67 billion throughout the quarter, in comparison with the consensus estimate of $16.61 billion. Target Corporation had a return on fairness of 24.09% and a web margin of three.80%. The agency’s quarterly income was up 1.four% on a year-over-year foundation. During the identical interval within the earlier yr, the corporate posted $1.04 EPS. sell-side badysts predict that Target Corporation will submit four.54 EPS for the present yr.
The enterprise additionally not too long ago introduced a quarterly dividend, which will probably be paid on Sunday, December 10th. Stockholders of report on Wednesday, November 15th will probably be given a dividend of $zero.62 per share. The ex-dividend date is Tuesday, November 14th. This represents a $2.48 dividend on an annualized foundation and a dividend yield of four.27%. Target Corporation’s payout ratio is 51.88%.
In different information, insider Hourigan Rice Jacqueline bought four,679 shares of the corporate’s inventory in a transaction on Friday, September 15th. The inventory was bought at a median value of $59.37, for a complete transaction of $277,792.23. The transaction was disclosed in a submitting with the Securities & Exchange Commission, which is offered by way of this hyperlink. Corporate insiders personal zero.25% of the corporate’s inventory.
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About Target Corporation
Target Corporation (Target) is a normal merchandise retailer promoting merchandise by way of its shops and digital channels. Its normal merchandise shops supply an edited meals badortment, together with perishables, dry grocery, dairy and frozen gadgets. Its digital channels embody a variety of normal merchandise, together with a variety of things present in its shops, together with an badortment, corresponding to further sizes and colours bought solely on-line.
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