Sunflower Bank N.A. Has $590,000 Holdings in Target Co. (NYSE:TGT)

Sunflower Bank N.A. increased its stake in shares of Target Co. (NYSE:TGT) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,364 shares of the retailer’s stock after acquiring an additional 142 shares during the period. Sunflower Bank N.A.’s holdings in Target were worth $590,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in TGT. State Street Corp grew its stake in shares of Target by 8.3% during the 3rd quarter. State Street Corp now owns 35,484,252 shares of the retailer’s stock worth $5,530,576,000 after acquiring an additional 2,732,801 shares in the last quarter. FMR LLC increased its stake in Target by 11.7% in the 3rd quarter. FMR LLC now owns 9,980,381 shares of the retailer’s stock valued at $1,555,542,000 after buying an additional 1,046,044 shares during the last quarter. Geode Capital Management LLC lifted its position in Target by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 9,414,025 shares of the retailer’s stock worth $1,461,456,000 after buying an additional 130,691 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Target by 6.8% during the 2nd quarter. Legal & General Group Plc now owns 4,374,851 shares of the retailer’s stock worth $647,652,000 after buying an additional 279,656 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Target by 1.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,321,055 shares of the retailer’s stock worth $517,620,000 after buying an additional 62,916 shares during the last quarter. 79.73% of the stock is owned by institutional investors.

Target Stock Down 1.9 %

TGT traded down $2.73 during midday trading on Monday, hitting $138.89. The company had a trading volume of 4,057,085 shares, compared to its average volume of 4,581,125. The stock’s 50 day moving average price is $137.58 and its 200 day moving average price is $145.53. Target Co. has a 52 week low of $120.21 and a 52 week high of $181.86. The company has a market capitalization of $63.64 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 2.21 and a beta of 1.17. The company has a quick ratio of 0.25, a current ratio of 0.94 and a debt-to-equity ratio of 0.99.

Target (NYSE:TGT) last announced its quarterly earnings results on Wednesday, November 20th. The retailer reported $1.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.45). The firm had revenue of $25.23 billion during the quarter, compared to the consensus estimate of $25.87 billion. Target had a return on equity of 31.11% and a net margin of 4.06%. The firm’s revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.10 EPS. On average, research analysts anticipate that Target Co. will post 8.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TGT has been the topic of a number of recent analyst reports. Melius Research began coverage on shares of Target in a report on Monday, September 23rd. They set a “buy” rating and a $180.00 target price on the stock. Hsbc Global Res cut shares of Target from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Daiwa Capital Markets lowered shares of Target from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $170.00 to $130.00 in a research note on Tuesday, November 26th. Sanford C. Bernstein started coverage on Target in a report on Tuesday, October 22nd. They set a “market perform” rating and a $168.00 price objective for the company. Finally, Guggenheim decreased their target price on Target from $180.00 to $145.00 and set a “buy” rating on the stock in a research report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and fifteen have given a buy rating to the company’s stock. According to data from MarketBeat, Target presently has a consensus rating of “Hold” and an average target price of $160.57.

Target Profile

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.