Economy

Target Corporation (TGT) Holdings Cut by River Road Asset Management LLC

Taking a look at insider trading at Target Corporation (NYSE:TGT) can give useful insight into how the stock is performing. The fund owned 847,864 shares of the retailer's stock after selling 19,099 shares during the quarter. After $0.14 actual EPS reported by ConocoPhillips for the previous quarter, Wall Street now forecasts -71.43% negative EPS growth.

Other institutional investors also recently made changes to their positions in the company.

Executive Officer at Target Corp., Jacqueline Hourigan Rice on 2017-09-15 Sell 4679 shares of the company at a price of $59.37. BLB&B Advisors LLC now owns 34,433 shares of the retailer's stock valued at $2,365,000 after buying an additional 780 shares in the last quarter. Trust Co's holdings in Target were worth $1,993,000 at the end of the most recent reporting period. Penserra Capital Management LLC now owns 2,346 shares of the retailer's stock valued at $129,000 after purchasing an additional 204 shares in the last quarter. BLB&B Advisors LLC boosted its stake in shares of Target by 2.3% in the third quarter. Bank of New York Mellon Corp increased its position in Target Corporation by 11.6% during the 1st quarter. Boussard & Gavaudan Investment Management Llp bought 109,337 shares as the company's stock rose 6.51% with the market. Finally, Tufton Capital Management increased its stake in Target Corporation by 10.5% in the 1st quarter. Investors measure stock performance on the basis of a company's earnings power.

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Target Corp. (NYSE:TGT) closed its last session at $58.55. Cambridge Advisors Inc sold 9,875 shares as the company's stock declined 14.90% while stock markets rallied. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

In other news, insider Robert M. Harrison sold 2,639 shares of the company's stock in a transaction that occurred on Wednesday, July 5th.

This stock (TGT) is ahead of its 52-week low with 20.57%. The disclosure for this purchase can be found here. Target Corporation has a 52 week low of $48.56 and a 52 week high of $79.33. As of today, the company has a SMA200 (200-day simple moving average) of -0.96 Percent.

Target Corporation (NYSE:TGT) last issued its quarterly earnings data on Wednesday, August 16th. About 1.76M shares traded. Target Corporation had a net margin of 3.99% and a return on equity of 25.06%.

The company's Average Earnings Estimate for the Current Fiscal quarter is $0.86, according to consensus of 22 analysts. They expect $0.85 EPS, down 18.27% or $0.19 from last year's $1.04 per share.

The average Wall Street analyst rating for Target Corporation is Hold, according to the average of 18 analyst scores. Investors of record on Wednesday, November 15th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 4.24%. The ex-dividend date of this dividend is Monday, May 15th. The total number of shares traded in the last 90-day period is 24,147.

TGT has been the topic of a number of analyst reports. Stifel Nicolaus has "Hold" rating and $60.0 target. If the published price targets set by Target Corporation analysts have any power to influence the stock's share price, the highest price target set for TGT is $77.

According to Target Corporation (TGT) most recent 13F filing, the company has 95 new institutional holders - accounting for 13.55 million shares of its common stock. The stock now has a consensus rating of "Hold" and a consensus target price of $61.64. Five investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and five have issued a buy rating to the company. Also, the Hold rating count is 3, as of 25 Sep 2017.

The Company sells a range of general merchandise and food through its store and digital channels.



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