First Financial Corp IN Has $38,000 Stock Position in Target Co. (NYSE:TGT)

First Financial Corp IN grew its position in Target Co. (NYSE:TGT) by 330.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 280 shares of the retailer’s stock after acquiring an additional 215 shares during the quarter. First Financial Corp IN’s holdings in Target were worth $38,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Thrivent Financial for Lutherans lifted its holdings in shares of Target by 1.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 28,025 shares of the retailer’s stock worth $4,368,000 after acquiring an additional 490 shares during the period. D.A. Davidson & CO. raised its position in Target by 8.6% in the third quarter. D.A. Davidson & CO. now owns 119,458 shares of the retailer’s stock worth $18,619,000 after purchasing an additional 9,510 shares in the last quarter. Prana Capital Management LP lifted its stake in Target by 47.5% during the third quarter. Prana Capital Management LP now owns 217,081 shares of the retailer’s stock worth $33,834,000 after purchasing an additional 69,885 shares during the period. Transamerica Financial Advisors Inc. acquired a new stake in Target during the third quarter valued at approximately $967,000. Finally, Geode Capital Management LLC grew its stake in shares of Target by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 9,414,025 shares of the retailer’s stock valued at $1,461,456,000 after purchasing an additional 130,691 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Melius Research initiated coverage on Target in a research report on Monday, September 23rd. They set a “buy” rating and a $180.00 target price for the company. Daiwa Capital Markets lowered Target from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $170.00 to $130.00 in a research note on Tuesday, November 26th. BMO Capital Markets reduced their target price on shares of Target from $160.00 to $120.00 and set a “market perform” rating on the stock in a research note on Thursday, November 21st. Stifel Nicolaus increased their target price on shares of Target from $137.00 to $145.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. Finally, Sanford C. Bernstein assumed coverage on shares of Target in a research report on Tuesday, October 22nd. They issued a “market perform” rating and a $168.00 price target on the stock. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, Target presently has a consensus rating of “Hold” and a consensus target price of $160.57.

Target Trading Down 1.9 %

NYSE TGT opened at $136.18 on Wednesday. Target Co. has a 12 month low of $120.21 and a 12 month high of $181.86. The stock has a 50-day simple moving average of $137.06 and a 200 day simple moving average of $145.39. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $62.40 billion, a PE ratio of 14.44, a P/E/G ratio of 2.21 and a beta of 1.16.

Target (NYSE:TGT) last announced its quarterly 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 firm had revenue of $25.23 billion during the quarter, compared to analyst estimates of $25.87 billion. Target had a net margin of 4.06% and a return on equity of 31.11%. The business’s revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.10 earnings per share. Research analysts forecast that Target Co. will post 8.6 EPS for the current 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.