Economy

Commerzbank Aktiengesellschaft FI Grows Stake in Target Corporation (NYSE:TGT)

Commerzbank Aktiengesellschaft FI Grows Stake in Target Corporation (NYSE:TGT)”

Palisade Asset Management Llc increased Target Corp (TGT) stake by 7.64% reported in 2017Q2 SEC filing. The investment company owned 1,560,175 stocks of the retailer's shares after unloading 27,542 shares through out the quarter. TIAA CREF Investment Management LLC owned 0.26% of Target Corporation worth $74,578,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Mittleman Brothers Llc owns 1.26 million shares or 11.41% of their United States portfolio. GAM Holding AG has an ownership of 35,898 stocks of the retailer's shares valued $1,877,000 following acquiring an extra 11,773 shares through out the quarter. Gamble Jones Investment Counsel now owns 10,570 shares of the retailer's stock valued at $553,000 after buying an additional 44 shares during the last quarter. 1 Capital Management grew its holdings in stocks of recipient Corporation by 13.9% through out the 2nd period. Prudential Financial Inc. now owns 3,778,242 shares of the retailer's stock valued at $197,565,000 after buying an additional 1,143,598 shares during the period. Franklin Resources Inc. increased its position in shares of Target Corporation by 8.7% during the second quarter. 1 Capital Management has an ownership of 33,583 stocks of the retailer's shares valued $1,756,000 following acquiring an extra 4,107 shares through out the quarter. Sprott Inc who had been investing in Groupe Cgi Inc Cl A for a number of months, seems to be less bullish one the $13.61 billion market cap company. Investors Asset Management of Georgia Inc. The firm owned 10,069 shares of the retailer's stock after buying an additional 4,689 shares during the period. More interesting news about Target Corporation (NYSE:TGT) were released by: Benzinga.com and their article: "Hacked Foods: Payment Card Security Breach Reported At Whole Foods Market" published on September 28, 2017 as well as Seekingalpha.com's news article titled: "Target Goes For It" with publication date: September 19, 2017. About 1.88M shares traded. Company has a valuation of $32.18 B, a price to earnings ratio of 11.90 along with a stock beta of 0.60. Target Corporation has $92 highest and $4.45 lowest target. The business had revenue of $16.43 billion during the quarter, compared to analyst estimates of $16.30 billion. The firm had revenue of $16.43 billion during the quarter, compared to analyst estimates of $16.30 billion. During the same quarter past year, the business earned $1.23 earnings per share. Analysts forecast that Target Corporation will post $4.51 EPS for the current year.

Most recently the business also announced dividend for the quarter, expected to be paid on Sunday, Dec 10th. Shareholders of record on Wednesday, November 15th will be issued a $0.62 dividend.

Target Corporation (TGT) now the company's industry has 13.71 P/E and the sector P/E is 15.63. The shares were sold at an average price of $59.37, for a total value of $277,792.23. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Cathy R. Smith bought 5,000 shares of Target stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $52.05, for a total transaction of $137,359.95. The disclosure for this sale can be found here.

Several research analysts have recently issued reports on TGT shares. Among holders that decreased their positions, 135 sold out of the stock Target Corporation. Vetr cut Target Corporation from a "buy" rating to a "hold" rating and set a $59.66 price objective for the company.in a research note on Monday, June 12th. BMO Capital Markets reaffirmed a "market weight" rating on shares of Target Corporation in a research note on Thursday, September 14th. The stock of Target Corporation (NYSE:TGT) has "Neutral" rating given on Friday, September 30 by Guggenheim. Five financial stock experts recommended the company shares with a sell recommendation, eighteen have published a hold recommendation and five have published a buy recommendation to The corporation. recipient Corporation now has a average recommendation of "Hold" and an average price objective of $61.64. The company now has an average rating of "Hold" and an average price target of $67.08.

Public Employees Retirement System Of Ohio increased Activision Blizzard Inc (NASDAQ:ATVI) stake by 129,556 shares to 509,088 valued at $29.31M in 2017Q2. "NY" was originally published by Week Herald and is owned by of Week Herald. If you are accessing this article on another site, it was illegally copied and republished in violation of USA & worldwide copyright & trademark legislation.

Target Corporation (Target) is a general merchandise retailer selling products through its stores and digital channels.



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