Target Co. (NYSE:TGT) Shares Purchased by Mayfair Advisory Group LLC

Mayfair Advisory Group LLC raised its position in Target Co. (NYSE:TGT) by 7.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,529 shares of the retailer’s stock after buying an additional 109 shares during the quarter. Mayfair Advisory Group LLC’s holdings in Target were worth $207,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of TGT. Prime Capital Investment Advisors LLC raised its holdings in Target by 16.2% during the second quarter. Prime Capital Investment Advisors LLC now owns 22,547 shares of the retailer’s stock worth $3,338,000 after purchasing an additional 3,142 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Target by 16.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,114,400 shares of the retailer’s stock worth $461,031,000 after purchasing an additional 435,229 shares during the period. Luts & Greenleigh Group Inc. purchased a new position in Target in the second quarter worth $219,000. Excalibur Management Corp grew its stake in shares of Target by 13.6% during the 2nd quarter. Excalibur Management Corp now owns 6,907 shares of the retailer’s stock worth $1,023,000 after purchasing an additional 827 shares during the period. Finally, Moors & Cabot Inc. grew its position in Target by 13.2% during the second quarter. Moors & Cabot Inc. now owns 13,630 shares of the retailer’s stock worth $2,018,000 after buying an additional 1,585 shares during the period. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Wall Street Analysts Forecast Growth

TGT has been the subject of several research reports. Oppenheimer reaffirmed an “outperform” rating and set a $165.00 price objective on shares of Target in a report on Monday, November 25th. Daiwa Capital Markets lowered Target from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $170.00 to $130.00 in a research note on Tuesday, November 26th. Deutsche Bank Aktiengesellschaft cut Target from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $184.00 to $108.00 in a research report on Wednesday, November 20th. BMO Capital Markets lowered their price target on shares of Target from $160.00 to $120.00 and set a “market perform” rating for the company in a report on Thursday, November 21st. Finally, Melius Research started coverage on shares of Target in a research report on Monday, September 23rd. They set a “buy” rating and a $180.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $160.57.

Target Trading Down 1.9 %

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

Target (NYSE:TGT) last issued its quarterly earnings data on Wednesday, November 20th. The retailer reported $1.85 EPS 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 return on equity of 31.11% and a net margin of 4.06%. The business’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.10 EPS. Equities analysts forecast that Target Co. will post 8.6 earnings per share for the current fiscal year.

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.