Adviser Investments LLC Buys Shares of 35,019 Goal Co. (NYSE:TGT)
Adviser Investments LLC bought a brand new place in Goal Co. (NYSE:TGT – Get Ranking) within the 4th quarter, in line with its most up-to-date Type 13F submitting with the Securities and Alternate Fee. The fund bought 35,019 shares of the retailer’s inventory, valued at roughly $5,567,000.
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Various different hedge funds have additionally just lately made adjustments to their positions within the inventory. Massachusetts Monetary Companies Co. MA raised its holdings in Goal by 566.4% within the second quarter. Massachusetts Monetary Companies Co. MA now owns 6,775,981 shares of the retailer’s inventory value $956,973,000 after buying an extra 5,759,168 shares within the final quarter. Fisher Asset Administration LLC grew its place in shares of Goal by 122,068.9% within the third quarter. Fisher Asset Administration LLC now owns 4,793,906 shares of the retailer’s inventory value $711,368,000 after shopping for an extra 4,789,982 shares over the past quarter. FMR LLC raised its stake in shares of Goal by 27.5% throughout the 2nd quarter. FMR LLC now owns 4,423,218 shares of the retailer’s inventory value $624,690,000 after buying an extra 953,518 shares within the final quarter. State Avenue Corp lifted its place in Goal by 2.6% throughout the third quarter. State Avenue Corp now owns 34,191,786 shares of the retailer’s inventory valued at $5,073,719,000 after buying an extra 852,361 shares over the past quarter. Lastly, Amundi boosted its stake in Goal by 70.9% within the second quarter. Amundi now owns 1,749,200 shares of the retailer’s inventory valued at $255,285,000 after buying an extra 725,396 shares within the final quarter. 78.86% of the inventory is at present owned by hedge funds and different institutional buyers.
Goal Inventory Efficiency
Shares of NYSE TGT opened at $156.22 on Friday. The corporate’s fifty day shifting common worth is $166.27 and its 200 day shifting common worth is $160.57. Goal Co. has a 1 yr low of $137.16 and a 1 yr excessive of $254.87. The corporate has a market capitalization of $71.92 billion, a PE ratio of 26.12, a price-to-earnings-growth ratio of 1.26 and a beta of 1.05. The corporate has a debt-to-equity ratio of 1.43, a fast ratio of 0.22 and a present ratio of 0.92.
Goal (NYSE:TGT – Get Ranking) final introduced its quarterly earnings outcomes on Tuesday, February twenty eighth. The retailer reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.49. Goal had a web margin of two.55% and a return on fairness of 25.63%. The agency had income of $31.40 billion for the quarter, in comparison with the consensus estimate of $30.73 billion. Throughout the identical interval within the prior yr, the agency posted $3.19 earnings per share. The agency’s quarterly income was up 1.3% in comparison with the identical quarter final yr. On common, analysis analysts predict that Goal Co. will put up 8.35 earnings per share for the present yr.
Goal Declares Dividend
The enterprise additionally just lately disclosed a quarterly dividend, which will probably be paid on Saturday, June tenth. Shareholders of report on Wednesday, Might seventeenth will probably be issued a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of two.77%. The ex-dividend date of this dividend is Tuesday, Might sixteenth. Goal’s payout ratio is 72.24%.
Wall Avenue Analyst Weigh In
A number of analysis corporations have issued experiences on TGT. Robert W. Baird lifted their worth goal on shares of Goal from $180.00 to $195.00 and gave the inventory an “outperform” ranking in a report on Wednesday, March 1st. TheStreet raised shares of Goal from a “c+” ranking to a “b-” ranking in a report on Thursday, February sixteenth. Barclays started protection on shares of Goal in a report on Tuesday, February seventh. They issued an “equal weight” ranking and a $163.00 worth goal on the inventory. Gordon Haskett lowered shares of Goal from a “purchase” ranking to a “maintain” ranking and set a $132.00 worth goal on the inventory. in a report on Wednesday, December twenty first. Lastly, Telsey Advisory Group reaffirmed an “outperform” ranking and issued a $185.00 worth goal on shares of Goal in a report on Wednesday, March 1st. 13 funding analysts have rated the inventory with a maintain ranking, seventeen have assigned a purchase ranking and one has assigned a powerful purchase ranking to the inventory. In line with MarketBeat, the inventory presently has a consensus ranking of “Average Purchase” and a consensus worth goal of $181.69.
Insider Shopping for and Promoting at Goal
In different Goal information, insider Brian C. Cornell bought 35,000 shares of the inventory in a transaction on Tuesday, March 14th. The shares have been bought at a mean worth of $158.98, for a complete transaction of $5,564,300.00. Following the transaction, the insider now immediately owns 191,272 shares of the corporate’s inventory, valued at $30,408,422.56. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by means of the SEC web site. Insiders personal 0.29% of the corporate’s inventory.
Goal Corp. engages within the operation and possession of common merchandise shops. It affords meals assortments together with perishables, dry grocery, dairy, and frozen objects. The corporate was based by George Draper Dayton in 1902 and is headquartered in Minneapolis, MN.
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