Duncker Streett & Co. Inc. Has $404,000 Stock Holdings in Target Co. (NYSE:TGT)

Duncker Streett & Co. Inc. lessened its holdings in shares of Target Co. (NYSE:TGT) by 11.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,990 shares of the retailer’s stock after selling 375 shares during the period. Duncker Streett & Co. Inc.’s holdings in Target were worth $404,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in TGT. Legacy Investment Solutions LLC acquired a new position in shares of Target during the 3rd quarter worth about $28,000. MCF Advisors LLC increased its stake in Target by 175.3% during the fourth quarter. MCF Advisors LLC now owns 256 shares of the retailer’s stock valued at $35,000 after acquiring an additional 163 shares during the period. Raleigh Capital Management Inc. increased its stake in Target by 110.7% during the fourth quarter. Raleigh Capital Management Inc. now owns 257 shares of the retailer’s stock valued at $35,000 after acquiring an additional 135 shares during the period. FSA Wealth Management LLC bought a new position in Target during the third quarter valued at about $36,000. Finally, Catalyst Capital Advisors LLC bought a new position in Target during the third quarter valued at about $38,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target Stock Up 1.5 %

NYSE:TGT opened at $124.37 on Monday. The stock’s fifty day moving average price is $133.77 and its two-hundred day moving average price is $142.43. Target Co. has a 52-week low of $120.21 and a 52-week high of $181.86. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. The company has a market cap of $56.99 billion, a price-to-earnings ratio of 13.19, a P/E/G ratio of 1.94 and a beta of 1.15.

Target Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Wednesday, February 12th were issued a dividend of $1.12 per share. This represents a $4.48 annualized dividend and a yield of 3.60%. The ex-dividend date was Wednesday, February 12th. Target’s dividend payout ratio is 47.51%.

Analyst Ratings Changes

Several brokerages recently issued reports on TGT. Citigroup boosted their price target on Target from $130.00 to $133.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Bank of America lowered their price target on Target from $195.00 to $160.00 and set a “buy” rating on the stock in a research note on Thursday, November 21st. Sanford C. Bernstein boosted their price target on Target from $139.00 to $142.00 and gave the company a “market perform” rating in a research note on Tuesday, January 28th. Guggenheim boosted their price target on Target from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, January 22nd. Finally, Gordon Haskett lowered Target from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $157.93.

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.