545 Shares in Target Co. (NYSE:TGT) Acquired by Human Investing LLC

Human Investing LLC purchased a new position in shares of Target Co. (NYSE:TGT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 545 shares of the retailer’s stock, valued at approximately $74,000.

Other institutional investors have also made changes to their positions in the company. Legacy Investment Solutions LLC acquired a new stake in shares of Target during the third quarter worth approximately $28,000. MCF Advisors LLC boosted its holdings in shares of Target by 175.3% during the fourth quarter. MCF Advisors LLC now owns 256 shares of the retailer’s stock worth $35,000 after purchasing an additional 163 shares during the period. Raleigh Capital Management Inc. boosted its holdings in shares of Target by 110.7% during the fourth quarter. Raleigh Capital Management Inc. now owns 257 shares of the retailer’s stock worth $35,000 after purchasing an additional 135 shares during the period. FSA Wealth Management LLC acquired a new stake in shares of Target during the third quarter worth approximately $36,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in Target in the third quarter valued at approximately $38,000. 79.73% of the stock is currently owned by institutional investors and hedge funds.

Target Trading Down 0.6 %

Shares of TGT stock opened at $127.86 on Monday. The firm has a market capitalization of $58.59 billion, a P/E ratio of 13.56, a price-to-earnings-growth ratio of 2.04 and a beta of 1.15. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.99. The firm’s fifty day simple moving average is $135.11 and its 200 day simple moving average is $143.18. Target Co. has a 1 year low of $120.21 and a 1 year high of $181.86.

Target (NYSE:TGT) last announced its quarterly earnings results on Wednesday, November 20th. The retailer reported $1.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.45). The business had revenue of $25.23 billion during the quarter, compared to the consensus estimate of $25.87 billion. Target had a net margin of 4.06% and a return on equity of 31.11%. The company’s quarterly revenue was up .9% compared to the same quarter last year. During the same period last year, the firm earned $2.10 EPS. As a group, sell-side analysts predict that Target Co. will post 8.69 EPS for the current year.

Target Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Wednesday, February 12th will be paid a $1.12 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $4.48 annualized dividend and a dividend yield of 3.50%. Target’s dividend payout ratio is presently 47.51%.

Analyst Ratings Changes

A number of analysts have issued reports on TGT shares. BMO Capital Markets reduced their target price on shares of Target from $160.00 to $120.00 and set a “market perform” rating for the company in a research note on Thursday, November 21st. StockNews.com cut shares of Target from a “buy” rating to a “hold” rating in a research note on Friday. Roth Mkm reduced their target price on shares of Target from $157.00 to $131.00 and set a “neutral” rating for the company in a research note on Thursday, November 21st. Sanford C. Bernstein lifted their target price on shares of Target from $139.00 to $142.00 and gave the company a “market perform” rating in a research note on Tuesday, January 28th. Finally, Gordon Haskett cut shares of Target from a “buy” rating to a “hold” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, eighteen have issued a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, Target presently has a consensus rating of “Hold” and a consensus price target of $157.70.

About Target

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.