(NYSE:TGT) Position Cut by Folger Nolan Fleming Douglas Capital Management Inc

(NYSE:TGT) by 3.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,699 shares of the retailer's stock after selling 159,294 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc.'s holdings in Target were worth $879,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TGT. Dodge & Cox grew its holdings in shares of Target by 83.3% during the 2nd 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 during the period. Franklin Resources Inc. grew its holdings in shares of Target by 8.7% during the 2nd quarter. Conning Inc. now owns 522,523 shares of the retailer's stock valued at $27,323,000 after acquiring an additional 10,966 shares during the last quarter. Jacobi Capital Management LLC grew its holdings in Target by 109.8% during the 3rd quarter. Institutional investors own 87.41% of the company's stock. The stock was sold at an average price of $59.37, for a total transaction of $277,792.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Moffett Nathanson started coverage on Target in a research report on Monday. They set a "buy" rating and a $85.00 price target on the stock. Vetr lowered Target from a "strong-buy" rating to a "buy" rating and set a $66.10 price target on the stock.in a research report on Wednesday, November 29th. BMO Capital Markets reiterated a "market weight" rating on shares of Target in a research note on Thursday, September 14th. Finally, Morgan Stanley dropped their price target on Target from $52.00 to $50.00 and set an "underweight" rating on the stock in a research report on Thursday, November 16th. Kistler Tiffany Companies LLC now owns 2,775 shares of the retailer's stock worth $145,000 after acquiring an additional 445 shares during the last quarter. Target now has an average rating of "Hold" and a consensus price target of $63.25. Target Corporation (TGT) received interesting focus from Active Investors and it has been trading on front line as comparing to it past average volume. Target Corporation (TGT) maintained activity of 7.13 million shares that trade hands on average basis while its relative volume is 0.77. The company has a market capitalization of $33,810.22, a P/E ratio of 12.96, a P/E/G ratio of 7.69 and a beta of 0.64. The company has a current ratio of 0.96, a quick ratio of 0.27 and a debt-to-equity ratio of 1.01. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance.

Target (NYSE:TGT) last posted its quarterly earnings data on Wednesday, November 15th. The retailer reported $1.21 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.30. The firm had revenue of $16.67 billion during the quarter, compared to the consensus estimate of $16.61 billion. Presently, it has a Return on Equity (ROE) of 24.00% and Return on Investment (ROI) of 15.50%. The firm's revenue was up 1.4% compared to the same quarter last year. sell-side analysts predict that Target Co. will post 4.54 earnings per share for the current fiscal year. During the same period previous year, the company earned $1.04 earnings per share.

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, December 10th. The ex-dividend date is Monday, May 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.32%. Target's payout ratio is 42.93%.

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WARNING: "Legal & General Group Plc Has $212.12 Million Position in Target Co".

Target Corporation (Target) is a general merchandise retailer selling products through its stores and digital channels.

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