Community Bank & Trust Waco Texas Has $1.40 Million Stake in Target Co. (NYSE:TGT)

Community Bank & Trust Waco Texas lowered its position in Target Co. (NYSE:TGT) by 0.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 10,339 shares of the retailer’s stock after selling 80 shares during the period. Community Bank & Trust Waco Texas’ holdings in Target were worth $1,398,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TGT. Legacy Investment Solutions LLC acquired a new position in shares of Target in the 3rd quarter worth approximately $28,000. Wolff Wiese Magana LLC lifted its position in shares of Target by 156.5% in the 3rd quarter. Wolff Wiese Magana LLC now owns 218 shares of the retailer’s stock worth $34,000 after purchasing an additional 133 shares during the period. MCF Advisors LLC lifted its position in shares of Target by 175.3% in the 4th quarter. MCF Advisors LLC now owns 256 shares of the retailer’s stock worth $35,000 after purchasing an additional 163 shares during the period. Raleigh Capital Management Inc. increased its stake in shares of Target by 110.7% in the 4th quarter. Raleigh Capital Management Inc. now owns 257 shares of the retailer’s stock valued at $35,000 after acquiring an additional 135 shares in the last quarter. Finally, FSA Wealth Management LLC bought a new stake in shares of Target in the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on TGT shares. Oppenheimer reiterated an “outperform” rating and issued a $165.00 price objective on shares of Target in a research note on Monday, November 25th. Hsbc Global Res lowered shares of Target from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft lowered shares of Target from a “buy” rating to a “hold” rating and decreased their price target for the company from $184.00 to $108.00 in a research note on Wednesday, November 20th. StockNews.com upgraded shares of Target from a “hold” rating to a “buy” rating in a research note on Friday, January 17th. Finally, Roth Mkm decreased their price target on shares of Target from $157.00 to $131.00 and set a “neutral” rating for the company in a research note on Thursday, November 21st. One analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Target has an average rating of “Hold” and an average price target of $157.70.

Target Stock Down 0.0 %

TGT stock opened at $131.34 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.99. The company’s 50 day moving average is $135.22 and its 200 day moving average is $143.78. The stock has a market cap of $60.18 billion, a price-to-earnings ratio of 13.93, a price-to-earnings-growth ratio of 2.04 and a beta of 1.15. Target Co. has a 1-year low of $120.21 and a 1-year high of $181.86.

Target (NYSE:TGT) last posted its quarterly earnings data on Wednesday, November 20th. The retailer reported $1.85 earnings per share for the quarter, missing the consensus estimate of $2.30 by ($0.45). The company had revenue of $25.23 billion during the quarter, compared to the consensus estimate of $25.87 billion. Target had a return on equity of 31.11% and a net margin of 4.06%. The firm’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter last year, the company posted $2.10 earnings per share. Sell-side analysts predict that Target Co. will post 8.69 EPS for the current fiscal year.

Target Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Wednesday, February 12th will be paid a dividend of $1.12 per share. This represents a $4.48 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date is Wednesday, February 12th. Target’s dividend payout ratio (DPR) is presently 47.51%.

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.