Nice Waters Wealth Administration lowered its stake in Goal Co. (NYSE:TGT – Free Report) by 17.3% throughout the third quarter, HoldingsChannel studies. The agency owned 1,684 shares of the retailer’s inventory after promoting 353 shares throughout the quarter. Nice Waters Wealth Administration’s holdings in Goal had been price $263,000 as of its most up-to-date submitting with the Securities and Change Fee.
Different massive traders have additionally not too long ago added to or lowered their stakes within the firm. Boston Companions acquired a brand new stake in shares of Goal within the first quarter valued at roughly $335,870,000. AQR Capital Administration LLC grew its holdings in Goal by 711.2% throughout the 2nd quarter. AQR Capital Administration LLC now owns 876,531 shares of the retailer’s inventory valued at $129,762,000 after shopping for a further 768,479 shares over the last quarter. Swedbank AB bought a brand new place in Goal throughout the first quarter price $107,367,000. Los Angeles Capital Administration LLC raised its holdings in shares of Goal by 44.6% within the first quarter. Los Angeles Capital Administration LLC now owns 1,765,496 shares of the retailer’s inventory price $312,864,000 after buying a further 544,920 shares over the last quarter. Lastly, Clearbridge Investments LLC lifted its place in shares of Goal by 17.5% within the first quarter. Clearbridge Investments LLC now owns 3,153,875 shares of the retailer’s inventory valued at $558,898,000 after buying a further 470,647 shares within the final quarter. 79.73% of the inventory is owned by hedge funds and different institutional traders.
Goal Inventory Efficiency
TGT traded up $3.28 throughout buying and selling hours on Friday, hitting $152.88. 3,557,483 shares of the inventory had been exchanged, in comparison with its common quantity of 4,000,033. The corporate has a debt-to-equity ratio of 0.95, a present ratio of 0.90 and a fast ratio of 0.27. Goal Co. has a 12 month low of $102.93 and a 12 month excessive of $181.86. The inventory has a 50-day easy transferring common of $149.11 and a 200-day easy transferring common of $154.08. The inventory has a market cap of $70.73 billion, a price-to-earnings ratio of 17.16, a price-to-earnings-growth ratio of two.00 and a beta of 1.24.
Goal (NYSE:TGT – Get Free Report) final introduced its quarterly earnings information on Wednesday, August twenty first. The retailer reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.18 by $0.39. Goal had a internet margin of 4.18% and a return on fairness of 33.10%. The enterprise had income of $25.02 billion throughout the quarter, in comparison with the consensus estimate of $25.19 billion. Throughout the identical quarter within the prior yr, the agency earned $1.80 EPS. The corporate’s income for the quarter was up 1.0% in comparison with the identical quarter final yr. Analysts anticipate that Goal Co. will submit 9.53 earnings per share for the present yr.
Goal Dividend Announcement
The corporate additionally not too long ago introduced a quarterly dividend, which will probably be paid on Tuesday, December tenth. Shareholders of report on Wednesday, November twentieth will probably be paid a dividend of $1.12 per share. This represents a $4.48 dividend on an annualized foundation and a yield of two.93%. The ex-dividend date of this dividend is Wednesday, November twentieth. Goal’s payout ratio is 50.28%.
Analyst Scores Modifications
Quite a lot of analysis companies have not too long ago weighed in on TGT. Melius Analysis started protection on shares of Goal in a analysis report on Monday, September twenty third. They issued a “purchase” ranking and a $180.00 value goal for the corporate. Telsey Advisory Group reissued an “outperform” ranking and issued a $195.00 value goal on shares of Goal in a analysis observe on Thursday, September nineteenth. Daiwa Capital Markets upgraded Goal from a “impartial” ranking to an “outperform” ranking and set a $170.00 value goal for the corporate in a report on Monday, August twenty sixth. Daiwa America upgraded shares of Goal to a “strong-buy” ranking in a report on Monday, August twenty sixth. Lastly, Citigroup upped their value goal on shares of Goal from $180.00 to $188.00 and gave the inventory a “purchase” ranking in a analysis report on Thursday, August twenty second. One analysis analyst has rated the inventory with a promote ranking, eight have issued a maintain ranking, nineteen have given a purchase ranking and two have issued a robust purchase ranking to the corporate’s inventory. Based on information from MarketBeat, Goal presently has a median ranking of “Average Purchase” and a consensus value goal of $179.69.
Test Out Our Newest Evaluation on Goal
Insiders Place Their Bets
In different Goal information, insider Brian C. Cornell bought 45,000 shares of the enterprise’s inventory in a transaction on Tuesday, August twenty seventh. The inventory was bought at a median value of $158.67, for a complete transaction of $7,140,150.00. Following the completion of the transaction, the insider now owns 303,843 shares within the firm, valued at roughly $48,210,768.81. The commerce was a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the SEC, which could be accessed by way of this hyperlink. In associated information, insider Brian C. Cornell bought 45,000 shares of Goal inventory in a transaction dated Tuesday, August twenty seventh. The shares had been bought at a median value of $158.67, for a complete transaction of $7,140,150.00. Following the sale, the insider now straight owns 303,843 shares within the firm, valued at $48,210,768.81. The commerce was a 0.00 % lower of their possession of the inventory. The sale was disclosed in a doc filed with the Securities & Change Fee, which is offered by way of the SEC web site. Additionally, CAO Matthew A. Liegel bought 1,000 shares of the agency’s inventory in a transaction dated Friday, August thirtieth. The shares had been bought at a median value of $153.13, for a complete transaction of $153,130.00. Following the transaction, the chief accounting officer now straight owns 7,276 shares within the firm, valued at roughly $1,114,173.88. The commerce was a 0.00 % lower of their place. The disclosure for this sale could be discovered right here. Within the final 90 days, insiders bought 52,348 shares of firm inventory price $8,290,995. Insiders personal 0.23% of the corporate’s inventory.
Goal Profile
Goal Company operates as a common merchandise retailer in the USA. The corporate provides attire for girls, males, boys, women, toddlers, and infants and newborns, in addition to jewellery, equipment, and sneakers; and sweetness and private care, child gear, cleansing, paper merchandise, and pet provides.
Beneficial Tales
Wish to see what different hedge funds are holding TGT? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Goal Co. (NYSE:TGT – Free Report).
Obtain Information & Scores for Goal Day by day – Enter your e-mail handle under to obtain a concise each day abstract of the most recent information and analysts’ scores for Goal and associated corporations with MarketBeat.com’s FREE each day e-mail e-newsletter.
