waypoint wealth counsel bought a brand new stake in Goal Co. (NYSE:TGT – Free Report) within the third quarter, in accordance with its most up-to-date submitting with the Securities & Alternate Fee. The fund bought 1,300 shares of the retailer’s inventory, valued at roughly $203,000.
A number of different institutional traders have additionally made modifications to their positions in TGT. Allied Funding Advisors LLC elevated its place in shares of Goal by 3.9% within the third quarter. Allied Funding Advisors LLC now owns 60,135 shares of the retailer’s inventory value $9,373,000 after buying a further 2,231 shares through the interval. HBW Advisory Companies LLC lifted its holdings in shares of Goal by 15.3% within the third quarter. HBW Advisory Companies LLC now owns 15,749 shares of the retailer’s inventory value $2,455,000 after buying a further 2,085 shares over the last quarter. Rockland Belief Co. boosted its stake in shares of Goal by 3.0% within the third quarter. Rockland Belief Co. now owns 9,016 shares of the retailer’s inventory valued at $1,405,000 after buying a further 262 shares within the final quarter. Farmers Belief Co. grew its holdings in shares of Goal by 38.1% through the third quarter. Farmers Belief Co. now owns 2,128 shares of the retailer’s inventory valued at $332,000 after buying a further 587 shares over the last quarter. Lastly, Curbstone Monetary Administration Corp lifted its stake in Goal by 1.0% within the third quarter. Curbstone Monetary Administration Corp now owns 11,134 shares of the retailer’s inventory valued at $1,735,000 after buying a further 110 shares over the last quarter. 79.73% of the inventory is at the moment owned by institutional traders.
Goal Buying and selling Up 2.2 %
Shares of Goal inventory traded up $3.28 throughout buying and selling on Friday, reaching $152.88. The corporate’s inventory had a buying and selling quantity of three,557,483 shares, in comparison with its common quantity of 4,000,033. The corporate has a market cap of $70.73 billion, a price-to-earnings ratio of 17.16, a PEG ratio of two.00 and a beta of 1.24. The agency’s 50-day shifting common is $149.11 and its two-hundred day shifting common is $153.98. Goal Co. has a 52-week low of $102.93 and a 52-week excessive of $181.86. The corporate has a fast ratio of 0.27, a present ratio of 0.90 and a debt-to-equity ratio of 0.95.
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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.18 by $0.39. Goal had a return on fairness of 33.10% and a internet margin of 4.18%. The agency had income of $25.02 billion for the quarter, in comparison with analysts’ expectations of $25.19 billion. Throughout the identical interval final yr, the agency earned $1.80 earnings per share. The corporate’s income for the quarter was up 1.0% in comparison with the identical quarter final yr. On common, sell-side analysts anticipate that Goal Co. will submit 9.53 earnings per share for the present yr.
Goal Dividend Announcement
The enterprise additionally lately disclosed a quarterly dividend, which might be paid on Tuesday, December tenth. Shareholders of report on Wednesday, November twentieth might be given a $1.12 dividend. The ex-dividend date of this dividend is Wednesday, November twentieth. This represents a $4.48 annualized dividend and a yield of two.93%. Goal’s payout ratio is at the moment 50.28%.
Insider Exercise
In different Goal information, insider Brian C. Cornell bought 45,000 shares of the enterprise’s inventory in a transaction dated Tuesday, August twenty seventh. The shares had been bought at a median worth of $158.67, for a complete worth of $7,140,150.00. Following 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 possession of the inventory. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which will be accessed by means of the SEC web site. In associated information, insider Brian C. Cornell bought 45,000 shares of the corporate’s inventory in a transaction that occurred on Tuesday, August twenty seventh. The inventory was bought at a median worth 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 $48,210,768.81. This represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is out there by means of this hyperlink. Additionally, insider Richard H. Gomez bought 6,348 shares of Goal inventory in a transaction on Friday, September twenty seventh. The shares had been bought at a median worth of $157.17, for a complete transaction of $997,715.16. Following the completion of the sale, the insider now owns 123,551 shares within the firm, valued at roughly $19,418,510.67. This commerce represents a 0.00 % lower of their place. The disclosure for this sale will be discovered right here. Over the past 90 days, insiders bought 52,348 shares of firm inventory valued at $8,290,995. 0.23% of the inventory is at the moment owned by firm insiders.
Wall Avenue Analyst Weigh In
A variety of equities analysis analysts have commented on TGT shares. Citigroup upped their worth goal on Goal from $180.00 to $188.00 and gave the corporate a “purchase” score in a analysis report on Thursday, August twenty second. Telsey Advisory Group reissued an “outperform” score and set a $195.00 goal worth on shares of Goal in a analysis report on Thursday, September nineteenth. Daiwa Capital Markets upgraded shares of Goal from a “impartial” score to an “outperform” score and set a $170.00 worth goal for the corporate in a report on Monday, August twenty sixth. StockNews.com raised shares of Goal from a “purchase” score to a “strong-buy” score in a analysis notice on Thursday, August twenty second. Lastly, Evercore ISI lifted their goal worth on shares of Goal from $158.00 to $160.00 and gave the inventory an “inline” score in a analysis notice on Thursday, August twenty second. One analyst has rated the inventory with a promote score, eight have issued a maintain score, nineteen have issued a purchase score and two have assigned a robust purchase score to the corporate. Primarily based on information from MarketBeat, Goal has a median score of “Reasonable Purchase” and a consensus goal worth of $179.69.
View Our Newest Inventory Report on TGT
Goal Firm Profile
Goal Company operates as a basic 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.
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