Target Corporation (TGT) Position Lowered by Osborn Williams & Donohoe LLC

Osborn Williams & Donohoe LLC decreased its stake in Target Corporation (NYSE:TGT) by 6.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,368 shares of the retailer’s stock after selling 3,052 shares during the period. Osborn Williams & Donohoe LLC’s holdings in Target Corporation were worth $2,500,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Fulton Bank N.A. lifted its stake in shares of Target Corporation by 43.2% in the third quarter. Fulton Bank N.A. now owns 7,795 shares of the retailer’s stock valued at $460,000 after purchasing an additional 2,352 shares during the period. Curbstone Financial Management Corp lifted its stake in shares of Target Corporation by 108.0% in the third quarter. Curbstone Financial Management Corp now owns 15,158 shares of the retailer’s stock valued at $894,000 after purchasing an additional 7,870 shares during the period. Park National Corp OH lifted its stake in shares of Target Corporation by 3.9% in the third quarter. Park National Corp OH now owns 418,243 shares of the retailer’s stock valued at $24,680,000 after purchasing an additional 15,801 shares during the period. Intl Fcstone Inc. acquired a new stake in shares of Target Corporation in the second quarter valued at about $291,000. Finally, Griffin Asset Management Inc. acquired a new stake in shares of Target Corporation in the second quarter valued at about $3,689,000. Hedge funds and other institutional investors own 83.23% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Target Corporation (TGT) Position Lowered by Osborn Williams & Donohoe LLC” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://ledgergazette.com/2017/10/21/target-corporation-tgt-position-lowered-by-osborn-williams-donohoe-llc.html.

Several analysts recently commented on the stock. Stifel Nicolaus set a $60.00 price objective on shares of Target Corporation and gave the company a “hold” rating in a research note on Wednesday. MKM Partners assumed coverage on shares of Target Corporation in a research note on Wednesday. They issued a “buy” rating and a $85.00 price objective for the company. BMO Capital Markets reiterated a “market weight” rating on shares of Target Corporation in a research note on Thursday, September 14th. TheStreet upgraded shares of Target Corporation from a “c+” rating to a “b” rating in a research note on Thursday, September 28th. Finally, Vetr cut shares of Target Corporation from a “buy” rating to a “hold” rating and set a $59.67 price objective for the company. in a research note on Monday, August 7th. Five research analysts have rated the stock with a sell rating, seventeen have given a hold rating and five have assigned a buy rating to the company. Target Corporation has a consensus rating of “Hold” and a consensus target price of $63.75.

In other news, insider Hourigan Rice Jacqueline sold 4,679 shares of the company’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $59.37, for a total value of $277,792.23. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.25% of the stock is owned by corporate insiders.

Target Corporation (TGT) traded up 2.20% during midday trading on Friday, reaching $61.76. 6,053,790 shares of the company were exchanged. Target Corporation has a 52-week low of $48.56 and a 52-week high of $79.33. The stock has a market capitalization of $33.74 billion, a price-to-earnings ratio of 12.48 and a beta of 0.62. The firm’s 50-day moving average price is $58.82 and its 200 day moving average price is $55.75.

Target Corporation (NYSE:TGT) last issued its earnings results on Wednesday, August 16th. The retailer reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.03. The company had revenue of $16.43 billion for the quarter, compared to the consensus estimate of $16.30 billion. Target Corporation had a return on equity of 25.06% and a net margin of 3.99%. The firm’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.23 EPS. Equities analysts predict that Target Corporation will post $4.51 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Sunday, December 10th. Stockholders of record on Wednesday, November 15th will be issued a $0.62 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.02%. Target Corporation’s dividend payout ratio is 50.00%.

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Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Fulton Bank N.A. lifted its stake in shares of Target Corporation by 43.2% in the third quarter. Fulton Bank N.A. now owns 7,795 shares of the retailer’s stock valued at $460,000 after purchasing an additional 2,352 shares during the period. Curbstone Financial Management Corp lifted its stake in shares of Target Corporation by 108.0% in the third quarter. Curbstone Financial Management Corp now owns 15,158 shares of the retailer’s stock valued at $894,000 after purchasing an additional 7,870 shares during the period. Park National Corp OH lifted its stake in shares of Target Corporation by 3.9% in the third quarter. Park National Corp OH now owns 418,243 shares of the retailer’s stock valued at $24,680,000 after purchasing an additional 15,801 shares during the period. Intl Fcstone Inc. acquired a new stake in shares of Target Corporation in the second quarter valued at about $291,000. Finally, Griffin Asset Management Inc. acquired a new stake in shares of Target Corporation in the second quarter valued at about $3,689,000. Hedge funds and other institutional investors own 83.23% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Target Corporation (TGT) Position Lowered by Osborn Williams & Donohoe LLC” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://ledgergazette.com/2017/10/21/target-corporation-tgt-position-lowered-by-osborn-williams-donohoe-llc.html.

Several analysts recently commented on the stock. Stifel Nicolaus set a $60.00 price objective on shares of Target Corporation and gave the company a “hold” rating in a research note on Wednesday. MKM Partners assumed coverage on shares of Target Corporation in a research note on Wednesday. They issued a “buy” rating and a $85.00 price objective for the company. BMO Capital Markets reiterated a “market weight” rating on shares of Target Corporation in a research note on Thursday, September 14th. TheStreet upgraded shares of Target Corporation from a “c+” rating to a “b” rating in a research note on Thursday, September 28th. Finally, Vetr cut shares of Target Corporation from a “buy” rating to a “hold” rating and set a $59.67 price objective for the company. in a research note on Monday, August 7th. Five research analysts have rated the stock with a sell rating, seventeen have given a hold rating and five have assigned a buy rating to the company. Target Corporation has a consensus rating of “Hold” and a consensus target price of $63.75.

In other news, insider Hourigan Rice Jacqueline sold 4,679 shares of the company’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $59.37, for a total value of $277,792.23. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.25% of the stock is owned by corporate insiders.

Target Corporation (TGT) traded up 2.20% during midday trading on Friday, reaching $61.76. 6,053,790 shares of the company were exchanged. Target Corporation has a 52-week low of $48.56 and a 52-week high of $79.33. The stock has a market capitalization of $33.74 billion, a price-to-earnings ratio of 12.48 and a beta of 0.62. The firm’s 50-day moving average price is $58.82 and its 200 day moving average price is $55.75.

Target Corporation (NYSE:TGT) last issued its earnings results on Wednesday, August 16th. The retailer reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.03. The company had revenue of $16.43 billion for the quarter, compared to the consensus estimate of $16.30 billion. Target Corporation had a return on equity of 25.06% and a net margin of 3.99%. The firm’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.23 EPS. Equities analysts predict that Target Corporation will post $4.51 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Sunday, December 10th. Stockholders of record on Wednesday, November 15th will be issued a $0.62 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.02%. Target Corporation’s dividend payout ratio is 50.00%.

About Target Corporation

Target Corporation (Target) is a general merchandise retailer selling products through its stores and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. 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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Institutional Ownership by Quarter for Target Corporation (NYSE:TGT)

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