Buckhead Capital Management LLC Purchases 21797 Shares of Target Co. (TGT)

Marco Green
May 20, 2017

If you are looking for dividend paying stocks, the most reliable companies to add to your portfolio are those that don't just pay dividends, but that raise them regularly. Norges Bank bought a new position in shares of Target during the fourth quarter valued at about $460,220,000. Reilly Financial Advisors LLC now owns 2,000 shares of the retailer's stock worth $110,000 after buying an additional 874 shares during the last quarter. Welch & Forbes LLC boosted its stake in shares of Target by 0.3% in the first quarter.

KeyCorp (NYSE:KEY) shares moved to $18.21 after opening the day at $18.10, on Friday. RI now owns 8,824 shares of the retailer's stock valued at $487,000 after buying an additional 32 shares during the period.

Target Corp. shares decreased -2.65 percent over the past week and rose 4.49 percent over the previous month.

Now the shares of Target Corp.

In recent trading day Target Corporation (TGT) stock showed the move of -1.48% with the closing price of $54.53. Over the past full-year, shares have performed -23.29%.

Another critical number in evaluating a stock is P/E or the price to earnings ratio. At the time of writing, Shares the company recently traded 4.40% away 52-week low and noted price movement -29.98% away from the 52-week high level.

Target Corp. (TGT)'s distance from 200 day simple moving average is -15.24 percent, its distance from 50 day simple moving average is 1.49 percent, while its distance from 20 day simple moving average is 0.04 percent.

Target Corporation (NYSE:TGT) said that, Casper Sleep Inc., an online seller of mattresses and other bedding products that shook up the industry with direct sales of "bed-in-a-box" mattresses, has a deal with Target Corp.to begin selling many of its wares through the retailer's stores. The company beat the analyst EPS Estimate with the difference of $-0.06. The company had revenue of $16.02 billion during the quarter, compared to analyst estimates of $15.63 billion. The Return on Equity (ROE) value stands at 23.7%. The business's revenue for the quarter was down 4.3% compared to the same quarter a year ago.

Analysts are also projecting an Average Revenue Estimate for Target Corp.as $19000 in the Current Quarter.

The business also recently declared a quarterly dividend, which will be paid on Saturday, June 10th. Stockholders of record on Wednesday, May 17th will be issued a $0.60 dividend.

On 1/12/2017 Target announced a quarterly dividend of $0.60 3.37% with an ex dividend date of 2/13/2017 which will be payable on 3/10/2017. This represents a $2.40 annualized dividend and a dividend yield of 4.36%.

Gordon Haskett "Initiates Coverage On" Target Corp (NYSE:TGT) in a research note issued to investors on 5/09/17 to Sell with price target of $47.

Manchester Capital Management LLC maintained its stake in shares of Target Co. "(TGT)" was first published by BBNS and is owned by of BBNS.

TRADEMARK VIOLATION WARNING: This report was originally published by [[site]] and is owned by of [[site]].

Several research firms have recently commented on TGT. Buckingham Research reiterated a "buy" rating and set a $71.00 price objective on shares of Target in a research report on Wednesday, April 19th. Stock has got OUTPERFORM rating from 7 analysts of Thomson Reuters, 21 analysts given HOLD rating to the stock and 2 given UNDERPERFORM rating.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. The stock stands 1.49% above the average-price of 50 days and 0.04% compared with the SMA 20. Seven research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eight have assigned a buy rating to the company's stock. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 12.14. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

In other news, Director Donald R. Knauss bought 10,000 shares of the business's stock in a transaction on Thursday, March 9th. Shelton Capital Management now owns 88,348 shares of the retailer's stock worth $4,876,000 after buying an additional 38,287 shares in the last quarter. The disclosure for this purchase can be found here.

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