Jupiter Asset Management Ltd. Acquires New Position in Target Co. (NYSE:TGT)

Jupiter Asset Administration Ltd. acquired a brand new stake in Goal Co. (NYSE:TGT – Free Report) throughout the second quarter, in line with its most up-to-date 13F submitting with the SEC. The fund acquired 43,945 shares of the retailer’s inventory, valued at roughly $5,797,000.

A number of different hedge funds and different institutional traders have additionally just lately modified their holdings of the inventory. Westpac Banking Corp elevated its place in shares of Goal by 7.9% throughout the second quarter. Westpac Banking Corp now owns 3,169 shares of the retailer’s inventory valued at $418,000 after shopping for a further 231 shares throughout the interval. Meitav Funding Home Ltd. purchased a brand new stake in shares of Goal throughout the second quarter valued at about $128,000. Penobscot Funding Administration Firm Inc. purchased a brand new stake in shares of Goal throughout the second quarter valued at about $455,000. Charles Schwab Funding Administration Inc. elevated its place in shares of Goal by 0.4% throughout the second quarter. Charles Schwab Funding Administration Inc. now owns 2,676,362 shares of the retailer’s inventory valued at $353,012,000 after shopping for a further 11,175 shares throughout the interval. Lastly, Beverly Hills Non-public Wealth LLC elevated its place in shares of Goal by 91.8% within the second quarter. Beverly Hills Non-public Wealth LLC now owns 28,954 shares of the retailer’s inventory price $3,837,000 after buying a further 13,861 shares over the last quarter. 78.33% of the inventory is at present owned by institutional traders.

Insider Shopping for and Promoting

In associated information, insider Don H. Liu offered 16,000 shares of the enterprise’s inventory in a transaction dated Thursday, November sixteenth. The shares had been offered at a mean worth of $130.00, for a complete transaction of $2,080,000.00. Following the sale, the insider now owns 48,882 shares of the corporate’s inventory, valued at $6,354,660. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is offered at this hyperlink. 0.23% of the inventory is at present owned by insiders.

Goal Value Efficiency

Shares of Goal inventory opened at $129.89 on Friday. The corporate has a fast ratio of 0.18, a present ratio of 0.86 and a debt-to-equity ratio of 1.19. The corporate has a market cap of $59.96 billion, a PE ratio of 16.57, a P/E/G ratio of 1.45 and a beta of 1.04. The enterprise has a 50 day transferring common of $112.79 and a 200 day transferring common of $127.34. Goal Co. has a 52 week low of $102.93 and a 52 week excessive of $181.70.

Goal (NYSE:TGT – Get Free Report) final introduced its earnings outcomes on Wednesday, November fifteenth. The retailer reported $2.10 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.62. The corporate had income of $25 billion throughout the quarter, in comparison with the consensus estimate of $25.28 billion. Goal had a return on fairness of 30.69% and a web margin of three.40%. The agency’s income for the quarter was down 4.3% on a year-over-year foundation. Throughout the identical quarter within the prior yr, the corporate earned $1.54 earnings per share. As a bunch, equities analysis analysts forecast that Goal Co. will put up 7.56 earnings per share for the present yr.

Goal Dividend Announcement

The agency additionally just lately disclosed a quarterly dividend, which will likely be paid on Sunday, December tenth. Buyers of file on Wednesday, November fifteenth will likely be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of three.39%. The ex-dividend date is Tuesday, November 14th. Goal’s payout ratio is at present 56.12%.

Wall Avenue Analyst Weigh In

A number of analysis analysts just lately weighed in on the inventory. Telsey Advisory Group upped their worth goal on shares of Goal from $145.00 to $160.00 and gave the inventory an “outperform” ranking in a analysis report on Thursday. Jefferies Monetary Group decreased their worth goal on shares of Goal from $165.00 to $135.00 and set a “purchase” ranking on the inventory in a analysis report on Tuesday, November 14th. Daiwa Capital Markets lower shares of Goal from an “outperform” ranking to a “impartial” ranking and set a $134.00 worth goal on the inventory. in a analysis report on Tuesday, August twenty second. DA Davidson restated a “purchase” ranking and issued a $193.00 worth goal on shares of Goal in a analysis report on Wednesday, August sixteenth. Lastly, Evercore ISI decreased their worth goal on shares of Goal from $135.00 to $130.00 and set an “in-line” ranking on the inventory in a analysis report on Thursday, October nineteenth. Sixteen funding analysts have rated the inventory with a maintain ranking and fourteen have given a purchase ranking to the inventory. In response to MarketBeat, the corporate has a consensus ranking of “Maintain” and a consensus worth goal of $154.39.

Examine Out Our Newest Analysis Report on TGT

Goal Firm Profile

(Free Report)

Goal Company operates as a basic merchandise retailer in the USA. The corporate affords attire for girls, males, boys, women, toddlers, and infants and newborns, in addition to jewellery, equipment, and footwear; and sweetness and private care, child gear, cleansing, paper merchandise, and pet provides.

Beneficial Tales

Institutional Ownership by Quarter for Target (NYSE:TGT)

This on the spot information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with a view to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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