(TGT) Shares Sold by Sumitomo Mitsui Trust Holdings Inc

Proffitt & Goodson Inc bought 2,318 shares as the company's stock rose 6.88% with the market. Boston Private Wealth LLC lifted its position in Target by 4.5% during the second quarter. The firm owned 13,616 shares of the retailer's stock after selling 51,307 shares during the quarter. Heritage Trust Co increased its stake in shares of Target by 129.7% in the third quarter. SevenBridge Financial Group LLC now owns 1,909 shares of the retailer's stock worth $113,000 after buying an additional 1,826 shares during the last quarter. Vanguard Group Inc. now owns 37,154,396 shares of the retailer's stock worth $1,942,803,000 after acquiring an additional 130,252 shares in the last quarter. BlackRock Inc. now owns 47,046,403 shares of the retailer's stock worth $2,596,495,000 after acquiring an additional 44,877,391 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company's stock. Finally, Jacobi Capital Management LLC increased its stake in shares of Target by 109.8% in the third quarter. (NYSE:TGT) by 79.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The brokerage now has a "sell" rating on the retailer's stock. Target has a twelve month low of $48.56 and a twelve month high of $78.42. (TGT) opened at $59.51 on Friday. The company had a trading volume of 7,360,357 shares. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.27 and a current ratio of 0.96. The stock's 50 day moving average is $55.26 and its 200 day moving average is $63.86. More interesting news about Target Corporation (NYSE:TGT) were released by: Seekingalpha.com and their article: "Target Is Flying - But Wait, There's More!" published on November 30, 2017 as well as Fool.com's news article titled: "How Safe Is Target Corporation (TGT) Dividend?" with publication date: November 28, 2017. The retailer reported $1.21 EPS for the quarter, beating the consensus estimate of $0.91 by $0.30. Target Corporation (NYSE:TGT) has declined 16.51% since December 3, 2016 and is downtrending. The company had revenue of $16.67 billion for the quarter, compared to the consensus estimate of $16.61 billion. During the same period in the previous year, the business earned $1.29 earnings per share. The company's revenue was down 1.1% on a year-over-year basis. The Jacobs & Co holds 16,963 shares with $886,000 value, down from 86,896 last quarter.

The business also recently announced a quarterly dividend, which will be paid on Sunday, December 10th. Investors of record on Wednesday, November 15th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $2.40 annualized dividend and a yield of 4.43%. Target's dividend payout ratio is now 42.93%.

Target (NYSE:TGT) has been given a $45.00 target price by research analysts at Barclays in a report released on Wednesday, November 15th. Vetr upgraded Target from a "hold" rating to a "buy" rating and set a $59.67 target price on the stock in a research note on Monday, August 14th. Stifel Nicolaus maintained it with "Hold" rating and $60.0 target in Monday, September 18 report. Jefferies maintained Target Corporation (NYSE:TGT) on Tuesday, October 3 with "Hold" rating. BMO Capital Markets maintained the shares of ULTA in report on Friday, May 26 with "Buy" rating. Six equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and eight have assigned a buy rating to the company. Jefferies has "Hold" rating and $59 target.

In related news, Director Donald R. Knauss bought 10,000 shares of the firm's stock in a transaction on Thursday, March 9th. Following the completion of the purchase, the director now owns 16,431 shares in the company, valued at approximately $901,404.66.

Sigma Planning Corp increased its stake in Target Corp (TGT) by 36.15% based on its latest 2017Q2 regulatory filing with the SEC.

State Street Corp, which manages about $1130.53 billion US Long portfolio, decreased its stake in Morgan Stanley (NYSE:MS) by 5.54 million shares to 153.57M shares, valued at $6.84B in 2017Q2, according to the filing.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. Its digital channels include a range of general merchandise, including a range of items found in its stores, along with an assortment, such as additional sizes and colors sold only online.

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