ST Germain D J Co. Inc. Has $912,000 Stock Holdings in Target Co. (NYSE:TGT)

ST Germain D J Co. Inc. boosted its position in shares of Target Co. (NYSE:TGT) by 13.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,749 shares of the retailer’s stock after buying an additional 785 shares during the quarter. ST Germain D J Co. Inc.’s holdings in Target were worth $912,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TGT. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Target by 0.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 156,548 shares of the retailer’s stock valued at $21,162,000 after purchasing an additional 818 shares during the period. InvesTrust acquired a new position in shares of Target in the 4th quarter valued at $6,137,000. Bangor Savings Bank lifted its stake in shares of Target by 715.4% in the 4th quarter. Bangor Savings Bank now owns 7,241 shares of the retailer’s stock valued at $979,000 after purchasing an additional 6,353 shares during the period. Silverleafe Capital Partners LLC bought a new stake in shares of Target in the 4th quarter valued at $306,000. Finally, CWA Asset Management Group LLC increased its position in shares of Target by 23.9% in the 4th quarter. CWA Asset Management Group LLC now owns 9,196 shares of the retailer’s stock valued at $1,243,000 after buying an additional 1,773 shares in the last quarter. Institutional investors and hedge funds own 79.73% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on TGT. HSBC cut shares of Target from a “buy” rating to a “hold” rating and set a $138.00 price objective for the company. in a research report on Wednesday, November 20th. Oppenheimer restated an “outperform” rating and issued a $165.00 price objective on shares of Target in a research report on Monday, November 25th. Bank of America lowered their price objective on shares of Target from $195.00 to $160.00 and set a “buy” rating for the company in a research report on Thursday, November 21st. Hsbc Global Res cut shares of Target from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Finally, Roth Mkm lowered their target price on Target from $157.00 to $131.00 and set a “neutral” rating for the company in a report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Target presently has a consensus rating of “Hold” and an average target price of $160.57.

Target Trading Up 2.6 %

Target stock opened at $141.78 on Friday. Target Co. has a 52 week low of $120.21 and a 52 week high of $181.86. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. The stock has a market capitalization of $64.97 billion, a P/E ratio of 15.03, a PEG ratio of 2.23 and a beta of 1.16. The stock has a 50-day simple moving average of $137.58 and a 200 day simple moving average of $145.55.

Target (NYSE:TGT) last issued its quarterly earnings data on Wednesday, November 20th. The retailer reported $1.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.45). Target had a return on equity of 31.11% and a net margin of 4.06%. The firm had revenue of $25.23 billion for the quarter, compared to the consensus estimate of $25.87 billion. During the same quarter in the prior year, the firm earned $2.10 EPS. The company’s revenue was up .9% on a year-over-year basis. Analysts expect that Target Co. will post 8.6 earnings per share for the current year.

Target Profile

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.