Hummer Financial Advisory Services Inc Has $261,000 Stake in Target Co. (NYSE:TGT)

Hummer Financial Advisory Services Inc increased its position in shares of Target Co. (NYSE:TGT) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,930 shares of the retailer’s stock after purchasing an additional 100 shares during the period. Hummer Financial Advisory Services Inc’s holdings in Target were worth $261,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new position in Target during the 3rd quarter worth $28,000. Wolff Wiese Magana LLC increased its position in Target by 156.5% during the third quarter. Wolff Wiese Magana LLC now owns 218 shares of the retailer’s stock worth $34,000 after acquiring an additional 133 shares during the period. FSA Wealth Management LLC acquired a new stake in Target in the 3rd quarter worth about $36,000. Catalyst Capital Advisors LLC bought a new stake in Target in the 3rd quarter valued at about $38,000. Finally, First Financial Corp IN grew its position in shares of Target by 330.8% during the 4th quarter. First Financial Corp IN now owns 280 shares of the retailer’s stock worth $38,000 after purchasing an additional 215 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors.

Target Stock Performance

Shares of Target stock opened at $138.89 on Tuesday. The stock has a market cap of $63.64 billion, a price-to-earnings ratio of 14.73, a P/E/G ratio of 2.21 and a beta of 1.16. 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 Co. has a twelve month low of $120.21 and a twelve month high of $181.86. The company’s fifty day moving average is $137.36 and its 200 day moving average is $145.47.

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Roth Mkm cut their price target on Target from $157.00 to $131.00 and set a “neutral” rating for the company in a research note on Thursday, November 21st. HSBC downgraded Target from a “buy” rating to a “hold” rating and set a $138.00 target price for the company. in a research report on Wednesday, November 20th. Oppenheimer restated an “outperform” rating and issued a $165.00 price target on shares of Target in a research report on Monday, November 25th. BMO Capital Markets reduced their price objective on shares of Target from $160.00 to $120.00 and set a “market perform” rating on the stock in a research note on Thursday, November 21st. Finally, TD Cowen dropped their target price on shares of Target from $165.00 to $145.00 and set a “hold” rating for the company 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.com, the company has an average rating of “Hold” and a consensus target price of $160.57.

Target Company 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.