Traders sold shares of Target Corp. (NYSE:TGT) on strength during trading hours on Thursday. $41.60 million flowed into the stock on the tick-up and $122.68 million flowed out of the stock on the tick-down, for a money net flow of $81.08 million out of the stock. Of all companies tracked, Target Corp. had the 0th highest net out-flow for the day. Target Corp. traded up $0.39 for the day and closed at $70.58

A number of brokerages have recently weighed in on TGT. Cowen and Company reiterated an “outperform” rating and set a $75.00 price target (down from $81.00) on shares of Target Corp. in a research report on Wednesday, August 17th. Credit Suisse Group AG reiterated a “hold” rating and set a $72.00 price target on shares of Target Corp. in a research report on Sunday, August 21st. Zacks Investment Research upgraded Target Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, July 26th. BMO Capital Markets reiterated a “market perform” rating and set a $76.00 price target on shares of Target Corp. in a research report on Wednesday, July 6th. Finally, Vetr upgraded Target Corp. from a “hold” rating to a “buy” rating and set a $75.70 price target on the stock in a research report on Monday, July 4th. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Target Corp. has an average rating of “Hold” and a consensus price target of $78.39.

The company has a market cap of $40.57 billion and a P/E ratio of 13.06. The firm’s 50-day moving average is $73.27 and its 200-day moving average is $75.21.

Target Corp. (NYSE:TGT) last issued its earnings results on Wednesday, August 17th. The retailer reported $1.23 EPS for the quarter, beating the consensus estimate of $1.12 by $0.11. The business had revenue of $16.20 billion for the quarter. During the same period last year, the firm earned $1.22 EPS. The business’s revenue was down 7.2% on a year-over-year basis. Equities research analysts anticipate that Target Corp. will post $4.98 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Saturday, September 10th. Stockholders of record on Wednesday, August 17th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 3.40%. This is an increase from Target Corp.’s previous quarterly dividend of $0.56. The ex-dividend date of this dividend is Monday, August 15th.

Several institutional investors have recently made changes to their positions in TGT. AJO LP raised its position in shares of Target Corp. by 0.5% in the fourth quarter. AJO LP now owns 46,782 shares of the retailer’s stock valued at $3,397,000 after buying an additional 227 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of Target Corp. by 5.2% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 2,578,447 shares of the retailer’s stock valued at $187,222,000 after buying an additional 126,334 shares during the period. American International Group Inc. raised its position in shares of Target Corp. by 2.3% in the fourth quarter. American International Group Inc. now owns 307,603 shares of the retailer’s stock valued at $22,335,000 after buying an additional 6,913 shares during the period. I.G. Investment Management LTD. raised its position in shares of Target Corp. by 64.1% in the fourth quarter. I.G. Investment Management LTD. now owns 59,515 shares of the retailer’s stock valued at $4,321,000 after buying an additional 23,250 shares during the period. Finally, Wells Fargo & Company MN raised its position in shares of Target Corp. by 2.2% in the fourth quarter. Wells Fargo & Company MN now owns 11,843,075 shares of the retailer’s stock valued at $859,925,000 after buying an additional 258,052 shares during the period.

Target Corporation offers everyday essentials and merchandise to its customers. The Company sells a range of general merchandise and food through its store and digital channels. The Company’s general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items.

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