Clifford Swan Investment Counsel LLC Lowers Position in Target Co. (NYSE:TGT)

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Miller Howard Investments Inc. Liberty Mutual Group Asset Management Inc.'s holdings in Target were worth $1,420,000 as of its most recent filing with the Securities & Exchange Commission.

Where investors punished Walmart by selling off shares, the reaction on Tuesday to Target was more subdued, suggesting that the traditionally irascible Wall Street may be giving the retailer what it needs most: more time to win over consumers. Finally, Bank of New York Mellon Corp increased its holdings in shares of Target by 9.4% in the 4th quarter. It also reduced its holding in Citrix Sys Inc (NASDAQ:CTXS) by 24,806 shares in the quarter, leaving it with 409,218 shares, and cut its stake in Vulcan Matls Co (NYSE:VMC). London Co Of Virginia bought 1.19 million shares as the company's stock declined 14.90% while stock markets rallied. Skandinaviska Enskilda Banken AB publ grew its stake in shares of Target by 16.3% in the third quarter.

Smead Capital Management Inc, which manages about $762.03M and $2.10 billion US Long portfolio, decreased its stake in Nvr Inc (NYSE:NVR) by 4,570 shares to 47,219 shares, valued at $134.81M in 2017Q3, according to the filing. Legal & General Group Plc boosted its position in Target by 3.5% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 65,967 shares of the retailer's stock worth $3,893,000 after purchasing an additional 6,368 shares in the last quarter.

In other Target news, Director Roxanne S. Austin sold 4,705 shares of Target stock in a transaction that occurred on Friday, December 15th. Following the completion of the transaction, the insider now owns 13,288 shares in the company, valued at $1,019,721.12. Following the sale, the insider now owns 16,906 shares in the company, valued at $1,320,020.48. The disclosure for this sale can be found here.

Several analysts have issued reports on TGT shares. Stifel Nicolaus maintained Target Corporation (NYSE:TGT) rating on Monday, September 18. Vetr raised Target from a "hold" rating to a "buy" rating and set a $75.42 price target on the stock in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Target presently has a consensus rating of "Hold" and an average target price of $73.97.

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Target reported a 3.6 percent increase in revenue at stores opened at least a year.

In fact, shares were trading lower Tuesday on the news of muted profits before the announcement of the pay hike. Target Co. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.96 and a quick ratio of 0.27. The stock has a market cap of $38,790.00, a P/E ratio of 14.99, a PEG ratio of 3.54 and a beta of 0.71.

More notable recent Target Corporation (NYSE:TGT) news were published by: which released: "Target Corporation Stock Is Due for a Massive Leap in 2018" on March 06, 2018, also with their article: "Target Corporation (TGT) Q4 2017 Earnings Conference Call Transcript" published on March 07, 2018, published: "Target: What I See Coming Next" on March 05, 2018. The retailer reported $1.37 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.38 by ($0.01).

Though Target's various investments had the biggest impact on profitability, "the promotional environment, particularly during an elongated holiday season, had a bearing on margins as well", he said in a note. During the same period in the prior year, the business earned $1.45 EPS.

The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 10th. Stockholders of record on Wednesday, February 21st will be given a dividend of $0.62 per share. The ex-dividend date is Tuesday, February 20th. That value represents a market adjusting for revenues that have been growing by 1.37 % on a quarterly year/year basis as of the company's last quarterly report. Target's dividend payout ratio is now 51.88%.