Haverford Trust Co. raised its stake in shares of Target Corporation (NYSE:TGT) by 11.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,515 shares of the retailer’s stock after acquiring an additional 2,000 shares during the quarter. Haverford Trust Co.’s holdings in Target Corporation were worth $1,152,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bedell Frazier Investment Counseling LLC acquired a new stake in shares of Target Corporation during the third quarter worth $219,000. Parallel Advisors LLC raised its holdings in shares of Target Corporation by 23.8% during the second quarter. Parallel Advisors LLC now owns 2,072 shares of the retailer’s stock worth $117,000 after purchasing an additional 399 shares during the period. Jacobi Capital Management LLC raised its holdings in shares of Target Corporation by 109.8% during the third quarter. Jacobi Capital Management LLC now owns 2,503 shares of the retailer’s stock worth $141,000 after purchasing an additional 1,310 shares during the period. Davidson Investment Advisors raised its holdings in shares of Target Corporation by 18.5% during the first quarter. Davidson Investment Advisors now owns 2,559 shares of the retailer’s stock worth $141,000 after purchasing an additional 400 shares during the period. Finally, Cable Hill Partners LLC raised its holdings in shares of Target Corporation by 848.8% during the third quarter. Cable Hill Partners LLC now owns 2,666 shares of the retailer’s stock worth $157,000 after purchasing an additional 2,385 shares during the period. Hedge funds and other institutional investors own 83.60% of the company’s stock.

A number of analysts have weighed in on TGT shares. TheStreet raised shares of Target Corporation from a “c+” rating to a “b” rating in a report on Thursday, September 28th. BidaskClub raised shares of Target Corporation from a “hold” rating to a “buy” rating in a report on Sunday, August 6th. Vetr raised shares of Target Corporation from a “hold” rating to a “buy” rating and set a $59.67 target price on the stock in a report on Monday, August 14th. MKM Partners increased their target price on shares of Target Corporation from $58.00 to $69.00 and gave the stock a “buy” rating in a report on Thursday, August 17th. Finally, Zacks Investment Research raised shares of Target Corporation from a “hold” rating to a “buy” rating and set a $63.00 target price on the stock in a report on Tuesday, October 10th. Five analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $63.17.

In other news, insider Hourigan Rice Jacqueline sold 4,679 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $59.37, for a total transaction of $277,792.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.25% of the company’s stock.

Target Corporation (TGT) traded down $1.41 during trading hours on Friday, hitting $56.08. 3,321,391 shares of the stock traded hands, compared to its average volume of 7,340,382. Target Corporation has a one year low of $48.56 and a one year high of $79.33. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.27 and a current ratio of 0.96. The company has a market cap of $31,249.99, a price-to-earnings ratio of 11.98, a price-to-earnings-growth ratio of 7.11 and a beta of 0.63.

Target Corporation (NYSE:TGT) last posted its quarterly earnings data on Wednesday, November 15th. The retailer reported $0.91 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.05. Target Corporation had a net margin of 3.80% and a return on equity of 24.09%. The company had revenue of $16.67 billion during the quarter, compared to analyst estimates of $16.61 billion. During the same quarter last year, the firm posted $1.04 EPS. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. equities analysts forecast that Target Corporation will post 4.54 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, December 10th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $2.48 annualized dividend and a dividend yield of 4.42%. Target Corporation’s dividend payout ratio (DPR) is 51.88%.

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Target Corporation Profile

Target Corporation (Target) is a general merchandise retailer selling products through its stores and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. Its digital channels include a range of general merchandise, including a range of items found in its stores, along with an assortment, such as additional sizes and colors sold only online.

Institutional Ownership by Quarter for Target Corporation (NYSE:TGT)

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