Kintegral Advisory LLC Has $2.36 Million Stock Holdings in Target Co. (NYSE:TGT)

Kintegral Advisory LLC trimmed its position in shares of Target Co. (NYSE:TGT) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,482 shares of the retailer’s stock after selling 814 shares during the period. Kintegral Advisory LLC’s holdings in Target were worth $2,363,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in TGT. Legacy Investment Solutions LLC bought a new position in shares of Target during the 3rd quarter worth about $28,000. MCF Advisors LLC lifted its stake in 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. lifted its stake in 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 Target during the third quarter valued at approximately $36,000. Finally, Catalyst Capital Advisors LLC bought a new stake in shares of Target in the 3rd quarter valued at approximately $38,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

Analyst Ratings Changes

TGT has been the subject of several analyst reports. HSBC downgraded Target from a “buy” rating to a “hold” rating and set a $138.00 target price for the company. in a research report on Wednesday, November 20th. Bank of America reduced their target price on shares of Target from $195.00 to $160.00 and set a “buy” rating on the stock in a research note on Thursday, November 21st. TD Cowen lowered their target price on shares of Target from $165.00 to $145.00 and set a “hold” rating on the stock in a report on Thursday, November 21st. StockNews.com raised shares of Target from a “hold” rating to a “buy” rating in a report on Saturday. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Target from $167.00 to $139.00 and set a “neutral” rating on the stock in a research note on Thursday, November 21st. One analyst has rated the stock with a sell rating, seventeen have given a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat.com, Target currently has an average rating of “Hold” and an average price target of $157.70.

Target Stock Down 2.9 %

Shares of Target stock opened at $124.40 on Friday. Target Co. has a 12 month low of $120.21 and a 12 month high of $181.86. The business has a fifty day simple moving average of $134.41 and a 200 day simple moving average of $142.74. The company has a quick ratio of 0.25, a current ratio of 0.94 and a debt-to-equity ratio of 0.99. The stock has a market cap of $57.00 billion, a PE ratio of 13.19, a price-to-earnings-growth ratio of 1.94 and a beta of 1.15.

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

Target Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Wednesday, February 12th will be paid a $1.12 dividend. This represents a $4.48 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend is Wednesday, February 12th. Target’s payout ratio is presently 47.51%.

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.