Target Corp (TGT) Shareholder Us Bancorp De Lowered Its Holding by $3.08 Million

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Us Bancorp De decreased its stake in Target Corp (TGT) by 2.98% based on its latest 2018Q3 regulatory filing with the SEC. Us Bancorp De sold 52,172 shares as the company’s stock declined 23.46% with the market. The institutional investor held 1.70 million shares of the department and specialty retail stores company at the end of 2018Q3, valued at $100.39 million, down from 1.75 million at the end of the previous reported quarter. Us Bancorp De who had been investing in Target Corp for a number of months, seems to be less bullish one the $36.04B market cap company. The stock decreased 0.79% or $0.55 during the last trading session, reaching $69.06. About 1.37 million shares traded. Target Corporation (NYSE:TGT) has risen 11.83% since January 14, 2018 and is uptrending. It has outperformed by 11.83% the S&P500.

Us Bancorp De, which manages about $31.22 billion US Long portfolio, upped its stake in Delta Air Lines Inc (NYSE:DAL) by 138,676 shares to 1.52M shares, valued at $73.32 million in 2018Q3, according to the filing. It also increased its holding in Facebook Inc A (NASDAQ:FB) by 21,990 shares in the quarter, for a total of 712,186 shares, and has risen its stake in Celgene Corp (NASDAQ:CELG).

Analysts await Target Corporation (NYSE:TGT) to report earnings on March, 5. They expect $1.51 EPS, up 10.22 % or $0.14 from last year’s $1.37 per share. TGT’s profit will be $787.97M for 11.43 P/E if the $1.51 EPS becomes a reality. After $1.09 actual EPS reported by Target Corporation for the previous quarter, Wall Street now forecasts 38.53 % EPS growth.

More notable recent Target Corporation (NYSE:TGT) news were published by: Investorplace.com which released: “Walmart Stock Is Still Just a Dud Compared to Other Retail Stocks – Investorplace.com” on January 10, 2019, also Investorplace.com with their article: “Don’t Let the Rally In Bed Bath & Beyond Stock Fool You – Investorplace.com” published on January 14, 2019, Benzinga.com published: “Munster: Amazon Buying Target Still Makes Sense (NYSE:TGT)(NASDAQ:AMZN) – Benzinga” on December 17, 2018. More interesting news about Target Corporation (NYSE:TGT) were released by: Investorplace.com and their article: “How to Profit Even If Target Stock Continues to Get No Respect – Investorplace.com” published on January 04, 2019 as well as Investorplace.com‘s news article titled: “Target Stock Is a Top Retail Name for 2019 – Investorplace.com” with publication date: December 28, 2018.

Target Corporation (NYSE:TGT) Ratings Coverage

Among 15 analysts covering Target (NYSE:TGT), 6 have Buy rating, 1 Sell and 8 Hold. Therefore 40% are positive. Target had 19 analyst reports since August 17, 2018 according to SRatingsIntel. The rating was upgraded by Cowen & Co to “Outperform” on Wednesday, November 7. The firm has “Buy” rating by Standpoint Research given on Wednesday, December 26. Citigroup maintained it with “Neutral” rating and $92 target in Monday, August 27 report. UBS maintained the stock with “Neutral” rating in Friday, August 17 report. UBS maintained it with “Neutral” rating and $90 target in Thursday, August 23 report. The company was maintained on Wednesday, November 21 by Citigroup. On Wednesday, November 21 the stock rating was maintained by Credit Suisse with “Outperform”. The stock of Target Corporation (NYSE:TGT) earned “Neutral” rating by Citigroup on Monday, December 3. Barclays Capital maintained the shares of TGT in report on Thursday, August 23 with “Equal-Weight” rating. Robert W. Baird maintained Target Corporation (NYSE:TGT) rating on Thursday, August 23. Robert W. Baird has “Outperform” rating and $100 target.

Target Corporation (NYSE:TGT) Ratings Chart

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