2,262 Shares in Target Co. (NYSE:TGT) Purchased by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC bought a new stake in shares of Target Co. (NYSE:TGT) in the fourth quarter, Holdings Channel reports. The fund bought 2,262 shares of the retailer’s stock, valued at approximately $306,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of TGT. Legacy Investment Solutions LLC purchased a new position in Target during the third quarter valued at approximately $28,000. Wolff Wiese Magana LLC grew its position in shares of Target by 156.5% during the 3rd quarter. Wolff Wiese Magana LLC now owns 218 shares of the retailer’s stock valued at $34,000 after purchasing an additional 133 shares in the last quarter. FSA Wealth Management LLC bought a new position in shares of Target in the third quarter worth $36,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Target in the third quarter worth $38,000. Finally, Reston Wealth Management LLC bought a new stake in Target during the third quarter valued at $41,000. 79.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on TGT. Telsey Advisory Group reiterated an “outperform” rating and set a $195.00 price target on shares of Target in a research report on Wednesday, November 20th. Sanford C. Bernstein started coverage on Target in a research note on Tuesday, October 22nd. They issued a “market perform” rating and a $168.00 target price for the company. Evercore ISI reduced their target price on shares of Target from $165.00 to $130.00 and set an “in-line” rating on the stock in a report on Thursday, November 21st. JPMorgan Chase & Co. reduced their price objective on Target from $167.00 to $139.00 and set a “neutral” rating on the stock in a research note on Thursday, November 21st. Finally, Deutsche Bank Aktiengesellschaft lowered Target from a “buy” rating to a “hold” rating and lowered their target price for the company from $184.00 to $108.00 in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Target currently has an average rating of “Hold” and an average price target of $160.57.

Target Stock Up 2.4 %

Shares of TGT stock traded up $3.24 during mid-day trading on Monday, hitting $139.03. The company’s stock had a trading volume of 2,033,858 shares, compared to its average volume of 3,434,202. Target Co. has a 52-week low of $120.21 and a 52-week high of $181.86. The business has a 50-day moving average price of $138.59 and a 200 day moving average price of $145.79. The stock has a market cap of $63.71 billion, a price-to-earnings ratio of 14.74, a PEG ratio of 2.23 and a beta of 1.16. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94.

Target (NYSE:TGT) last announced its earnings results on Wednesday, November 20th. The retailer reported $1.85 earnings per share for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.45). The company had revenue of $25.23 billion for the quarter, compared to analysts’ expectations of $25.87 billion. Target had a net margin of 4.06% and a return on equity of 31.11%. Target’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.10 earnings per share. Research analysts predict that Target Co. will post 8.6 EPS for the current fiscal year.

Target Company Profile

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.