Osborn Rohs Williams & Donohoe Ltd cut its stake in Target Corp. (NYSE:TGT) by 1.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,848 shares of the retailer’s stock after selling 665 shares during the period. Osborn Rohs Williams & Donohoe Ltd’s holdings in Target Corp. were worth $4,111,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ropes Wealth Advisors LLC increased its position in shares of Target Corp. by 9.1% in the second quarter. Ropes Wealth Advisors LLC now owns 1,527 shares of the retailer’s stock valued at $107,000 after buying an additional 127 shares during the last quarter. Arcadia Investment Management Corp MI increased its position in shares of Target Corp. by 41.7% in the second quarter. Arcadia Investment Management Corp MI now owns 1,700 shares of the retailer’s stock valued at $119,000 after buying an additional 500 shares during the last quarter. Loomis Sayles & Co. L P increased its position in shares of Target Corp. by 1.9% in the second quarter. Loomis Sayles & Co. L P now owns 2,201 shares of the retailer’s stock valued at $154,000 after buying an additional 42 shares during the last quarter. Duncker Streett & Co. Inc. increased its position in shares of Target Corp. by 4.4% in the second quarter. Duncker Streett & Co. Inc. now owns 2,370 shares of the retailer’s stock valued at $165,000 after buying an additional 100 shares during the last quarter. Finally, Joel Isaacson & Co. LLC increased its position in shares of Target Corp. by 25.5% in the second quarter. Joel Isaacson & Co. LLC now owns 2,401 shares of the retailer’s stock valued at $168,000 after buying an additional 488 shares during the last quarter. 84.76% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Target Corp. (NYSE:TGT)

Shares of Target Corp. (NYSE:TGT) traded up 0.89% on Tuesday, hitting $78.41. 4,693,985 shares of the stock traded hands. The stock has a market cap of $44.20 billion, a P/E ratio of 13.95 and a beta of 0.59. Target Corp. has a 52-week low of $65.50 and a 52-week high of $84.14. The stock’s 50 day moving average price is $70.42 and its 200 day moving average price is $70.57.

Target Corp. (NYSE:TGT) last posted its quarterly earnings results on Wednesday, November 16th. The retailer reported $1.04 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.21. The company had revenue of $16.44 billion for the quarter, compared to the consensus estimate of $16.30 billion. Target Corp. had a net margin of 4.75% and a return on equity of 25.18%. The firm’s revenue was down 6.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.86 EPS. On average, equities analysts expect that Target Corp. will post $5.20 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Saturday, December 10th. Investors of record on Wednesday, November 16th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.06%. The ex-dividend date is Monday, November 14th. Target Corp.’s dividend payout ratio is presently 42.93%.

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Several brokerages have commented on TGT. Credit Suisse Group AG began coverage on shares of Target Corp. in a report on Friday, September 16th. They issued a “neutral” rating and a $65.00 price target for the company. MKM Partners reissued a “neutral” rating and issued a $78.00 price target (up from $73.00) on shares of Target Corp. in a report on Tuesday, August 16th. Vetr downgraded shares of Target Corp. from a “buy” rating to a “hold” rating and set a $69.32 price objective for the company. in a report on Monday, November 7th. Nomura set a $75.00 price objective on shares of Target Corp. and gave the stock a “hold” rating in a report on Thursday, August 18th. Finally, JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $79.00 price objective on shares of Target Corp. in a report on Thursday, November 17th. Two analysts have rated the stock with a sell rating, eighteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $75.02.

In related news, Director Anne M. Mulcahy sold 3,957 shares of the firm’s stock in a transaction dated Thursday, November 17th. The shares were sold at an average price of $75.45, for a total value of $298,555.65. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.25% of the stock is currently owned by corporate insiders.

About Target Corp.

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.

5 Day Chart for NYSE:TGT

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