Roman Butler Fullerton & Co. lowered its stake in Target Co. (NYSE:TGT) by 10.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,742 shares of the retailer’s stock after selling 765 shares during the period. Roman Butler Fullerton & Co.’s holdings in Target were worth $541,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Command Bank grew its holdings in shares of Target by 17.7% during the 1st quarter. First Command Bank now owns 904 shares of the retailer’s stock worth $73,000 after acquiring an additional 136 shares during the period. Horrell Capital Management Inc. grew its holdings in shares of Target by 0.4% during the 1st quarter. Horrell Capital Management Inc. now owns 31,167 shares of the retailer’s stock worth $2,501,000 after acquiring an additional 138 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA grew its holdings in shares of Target by 62.2% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 365 shares of the retailer’s stock worth $29,000 after acquiring an additional 140 shares during the period. Investors Research Corp grew its holdings in shares of Target by 0.8% during the 4th quarter. Investors Research Corp now owns 17,742 shares of the retailer’s stock worth $1,173,000 after acquiring an additional 142 shares during the period. Finally, Savant Capital LLC grew its holdings in shares of Target by 4.0% during the 4th quarter. Savant Capital LLC now owns 4,078 shares of the retailer’s stock worth $270,000 after acquiring an additional 155 shares during the period. Hedge funds and other institutional investors own 83.86% of the company’s stock.

A number of research firms have weighed in on TGT. Gordon Haskett upgraded Target from an “accumulate” rating to a “buy” rating in a report on Thursday, March 21st. Deutsche Bank upped their target price on Target from $80.00 to $84.00 and gave the stock a “hold” rating in a report on Wednesday, March 6th. Citigroup reiterated a “neutral” rating and set a $78.00 target price on shares of Target in a report on Tuesday, February 26th. Tigress Financial reiterated a “buy” rating on shares of Target in a report on Thursday, January 17th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $88.00 target price (up previously from $86.00) on shares of Target in a report on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $87.44.

In related news, insider Cathy R. Smith sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $74.00, for a total value of $2,220,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Robert M. Harrison sold 1,791 shares of the company’s stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of $80.28, for a total value of $143,781.48. Following the completion of the transaction, the insider now directly owns 12,836 shares in the company, valued at $1,030,474.08. The disclosure for this sale can be found here. Over the last three months, insiders sold 36,977 shares of company stock worth $2,774,409. Insiders own 0.19% of the company’s stock.

Shares of TGT opened at $82.88 on Thursday. The company has a current ratio of 0.83, a quick ratio of 0.20 and a debt-to-equity ratio of 1.08. Target Co. has a 52 week low of $60.15 and a 52 week high of $90.39. The company has a market capitalization of $42.42 billion, a PE ratio of 15.38, a P/E/G ratio of 2.25 and a beta of 0.68.

Target (NYSE:TGT) last issued its quarterly earnings results on Tuesday, March 5th. The retailer reported $1.53 EPS for the quarter, hitting analysts’ consensus estimates of $1.53. Target had a return on equity of 25.74% and a net margin of 3.90%. The firm had revenue of $22.98 billion for the quarter, compared to analysts’ expectations of $23.05 billion. During the same period in the previous year, the firm posted $1.37 EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year. As a group, analysts forecast that Target Co. will post 5.79 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be given a $0.64 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 3.09%. Target’s dividend payout ratio is currently 47.50%.

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Target Company Profile

Target Corporation operates as a general merchandise retailer in the United States. The company offers beauty and household essentials; food assortments, including perishables, dry grocery, dairy, and frozen items; and apparel, accessories, home d├ęcor products, electronics, toys, seasonal offerings, and other merchandise.

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Institutional Ownership by Quarter for Target (NYSE:TGT)

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