(NYSE:TGT) opened at 55.04 on Thursday. Two Sigma Advisers LP now owns 2,012,067 shares of the retailer's stock worth $138,189,000 after buying an additional 1,744,553 shares during the period.
Several brokerages recently issued reports on TGT. Renaissance Technologies LLC purchased a new stake in shares of Target during the fourth quarter worth about $129,277,000.
In other Target news, insider Cathy R. Smith bought 5,000 shares of the stock in a transaction on Wednesday, March 1st. Finally, Peoples Financial Services CORP. boosted its position in shares of Target by 116.7% in the first quarter. Carroll Financial Associates Inc. boosted its position in Target by 5.8% in the first quarter. BlackRock Inc. now owns 47,046,403 shares of the retailer's stock worth $2,596,495,000 after buying an additional 44,877,391 shares in the last quarter. Norges Bank purchased a new stake in shares of Target during the fourth quarter worth about $460,220,000.
Equities analysts expect Target Co. (NYSE:TGT) traded up 0.94% during trading on Wednesday, hitting $55.04. These holdings make up 87.5% of the company's outstanding shares. At the time of writing, Shares the company recently traded 4.40% away 52-week low and noted price movement -29.98% away from the 52-week high level. After a recent look, shares have been seen -16.85% from the 200-day moving average, and -0.56% from the 50-day moving average. The stock has a market capitalization of $30.42 billion, a price-to-earnings ratio of 11.72 and a beta of 0.63.
Previously on 5/10/2017, Vetr Inc. released a statement about Target Corporation (NYSE:TGT) increased the target price from $0.00 to $61.86. The retailer reported $1.45 EPS for the quarter, missing the consensus estimate of $1.51 by $0.06.
The High Revenue estimate is predicted as 15.86 Billion, while the Low Revenue Estimate prediction stands at 15.38 Billion. Target had a net margin of 4.75% and a return on equity of 25.18%. The business's quarterly revenue was down 1.1% on a year-over-year basis. (TGT) is $59.43/share according to the consensus of analysts working on the stock, with an expected EPS of $0.91/share for the current quarter.
Analysts are also projecting an Average Revenue Estimate for Target Corp.as $19000 in the Current Quarter. Shareholders of record on Wednesday, May 17th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend is Monday, May 15th.
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Today, Telsey Advisory Group raised its price target on Target (NYSE:TGT) to $60.00 per share. Zacks Investment Research cut shares of Target from a "hold" rating to a "strong sell" rating in a research report on Monday, March 20th. Gordon Haskett assumed coverage on shares of Target in a research report on Tuesday, May 9th. The stock of Target Corporation (NYSE:TGT) earned "Neutral" rating by M Partners on Thursday, November 19.
Target Corp. was covered by a number of analysts recently, 4 rated the stock as Buy, 1 rated Outperform, 18 rated Hold, 3 gave an Underperform and 1 rated sell. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.
On 3/6/2017 Don H Liu, Insider, bought 2,000 with an average share price of $57.00 per share and the total transaction amounting to $114,000.00. The shares were purchased at an average price of $54.86 per share, for a total transaction of $548,600.00.