Target Co. (NYSE:TGT) Director Roxanne S. Austin sold 4,705 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $62.61, for a total value of $294,580.05. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Target Co. (NYSE TGT) opened at $64.48 on Thursday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.27 and a current ratio of 0.96. Target Co. has a 52 week low of $48.56 and a 52 week high of $77.87. The company has a market capitalization of $34,821.27, a price-to-earnings ratio of 13.35, a price-to-earnings-growth ratio of 7.99 and a beta of 0.64.

Target (NYSE:TGT) last released its quarterly earnings results on Wednesday, November 15th. The retailer reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.05. The company had revenue of $16.67 billion for the quarter, compared to analysts’ expectations of $16.61 billion. Target had a return on equity of 24.09% and a net margin of 3.80%. The firm’s revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.04 earnings per share. sell-side analysts predict that Target Co. will post 4.51 EPS for the current fiscal year.

A number of equities research analysts have recently issued reports on TGT shares. Sanford C. Bernstein set a $65.00 price target on Target and gave the company a “buy” rating in a research report on Thursday, December 14th. Barclays set a $45.00 price target on Target and gave the company a “sell” rating in a research report on Wednesday, November 15th. MKM Partners set a $77.00 price target on Target and gave the company a “buy” rating in a research report on Thursday, December 14th. Stifel Nicolaus dropped their price target on Target from $65.00 to $62.00 and set a “hold” rating for the company in a research report on Thursday, November 16th. Finally, Vetr upgraded Target from a “buy” rating to a “strong-buy” rating and set a $63.69 price target for the company in a research report on Monday, November 27th. Five equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $62.44.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Carnick & Kubik Group LLC acquired a new stake in shares of Target in the third quarter valued at $554,000. CAPROCK Group Inc. purchased a new position in Target in the third quarter valued at $832,000. Boston Private Wealth LLC increased its holdings in Target by 4.5% in the second quarter. Boston Private Wealth LLC now owns 53,455 shares of the retailer’s stock valued at $2,795,000 after buying an additional 2,285 shares during the last quarter. Conning Inc. increased its holdings in Target by 2.1% in the second quarter. Conning Inc. now owns 522,523 shares of the retailer’s stock valued at $27,323,000 after buying an additional 10,966 shares during the last quarter. Finally, SignalPoint Asset Management LLC purchased a new position in Target in the third quarter valued at $258,000. Institutional investors and hedge funds own 87.43% of the company’s stock.

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Target Company 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.

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