Smead Capital Management INC Stake In Target Corp (TGT) Was Lifted

The company is estimated to report earnings on Mar 06 BMO. The lowest sales estimate is $16.26 billion and the highest is $16.57 billion. Citigroup maintained the shares of TGT in report on Thursday, August 18 with "Buy" rating. The firm is scheduled to announce its next quarterly earnings report on Wednesday, May 16th. Target Corporation had 89 analyst reports since July 21, 2015 according to SRatingsIntel. Zacks' sales averages are an average based on a survey of research firms that cover Target. Since April 19, 2017 TGT has risen 28.46% and is uptrending. The institutional investor held 176,576 shares of the telecommunications equipment company at the end of 2017Q4, valued at $1.97M, up from 112,041 at the end of the previous reported quarter. The company had revenue of $16.02 billion for the quarter, compared to analyst estimates of $15.63 billion. During the same period past year, the company posted $1.45 earnings per share. During the same quarter past year, the company posted $1.45 EPS.

Several research firms have recently weighed in on TGT. Stifel Nicolaus maintained it with "Hold" rating and $60.0 target in Monday, September 18 report. On Tuesday, January 9 the rating was maintained by Bank of America with "Buy". Vetr cut Target from a "hold" rating to a "sell" rating and set a $70.45 price target on the stock.in a research note on Thursday, January 11th. As per Friday, September 30, the company rating was initiated by Guggenheim.

Total analysts of 15 have positions in Target (NYSE:TGT) as follows: 7 rated it a "Buy", 1 with "Sell" and 7 with "Hold". The company now has an average rating of "Hold" and an average target price of $74.37. It turned negative, as 23 investors sold SCS shares while 53 reduced holdings. Following the completion of the transaction, the insider now directly owns 195,906 shares of the company's stock, valued at $13,589,999.22. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

In other news, insider Stephanie A. Lundquist sold 3,000 shares of the business's stock in a transaction dated Tuesday, January 23rd. The shares were sold at an average price of $69.37, for a total transaction of $8,211,535.01. Alphaone Investment Services Llc owns 123,711 shares or 1.03% of their U.S. portfolio. The disclosure for this purchase can be found here. The stock of The Manitowoc Company, Inc. About 4.11M shares traded. Moreover, Martin & Co Inc Tn has 0.54% invested in the company for 61,963 shares.

Flushing Financial Corp (FFIC) investors sentiment decreased to 1 in Q4 2017. Doliver Capital Advisors LP acquired a new position in shares of Target during the fourth quarter valued at $202,000. Bank of New York Mellon Corp now owns 10,654,835 shares of the retailer's stock valued at $695,229,000 after purchasing an additional 916,178 shares in the last quarter. Ohio-based Meeder Asset Mngmt has invested 0% in Steelcase Inc. 76,440 shares were bought by Smead Capital Management Inc as the company's stock rose 4.77% while stock markets declined.

Hartford Investment Management Co increased Antero Resources Corp (NYSE:AR) stake by 84,302 shares to 355,030 valued at $6.75M in 2017Q4.

TGT traded down $1.55 during trading on Thursday, hitting $70.98. The company's stock had a trading volume of 4,110,014 shares, compared to its average volume of 4,662,027. Year to Date (YTD) performance of Target Corp.

PROFITABILITY RATIOS: The company's net profit margin is -6.80%. The rating was downgraded by Evercore to "Underperform" on Monday, June 12. Shareholders of record on Wednesday, May 16th will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 3.49%. At present, the stock price sited at -82.42% from the 52 week high and situated at 21.18% from 52 week low. Haverford Trust Co. lifted its holdings in Target by 4.0% in the fourth quarter.

Target Corporation operates as a general merchandise retailer in the United States. 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.

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