Dubuque Bank Trust Co buys $4,883,983 stake in Target Corporation (TGT)

Target Corporation (TGT) : Dubuque Bank Trust Co scooped up 2,184 additional shares in Target Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 64,424 shares of Target Corporation which is valued at $4,883,983.Target Corporation makes up approximately 0.90% of Dubuque Bank Trust Co’s portfolio.

Other Hedge Funds, Including , Riverhead Capital Management reduced its stake in TGT by selling 804,994 shares or 99.34% in the most recent quarter. The Hedge Fund company now holds 5,324 shares of TGT which is valued at $403,612. Target Corporation makes up approx 0.01% of Riverhead Capital Management’s portfolio. Chicago Partners Investment Group added TGT to its portfolio by purchasing 2,400 company shares during the most recent quarter which is valued at $177,624. Target Corporation makes up approx 0.08% of Chicago Partners Investment Group’s portfolio. Telos Capital Management added TGT to its portfolio by purchasing 29,527 company shares during the most recent quarter which is valued at $2,185,293. Target Corporation makes up approx 1.02% of Telos Capital Management’s portfolio. Quantitative Investment Management sold out all of its stake in TGT during the most recent quarter. The investment firm sold 217,600 shares of TGT which is valued $16,124,160.Investors Asset Management Of Georgia Inc Ga Adv boosted its stake in TGT in the latest quarter, The investment management firm added 385 additional shares and now holds a total of 9,642 shares of Target Corporation which is valued at $722,379. Target Corporation makes up approx 0.54% of Investors Asset Management Of Georgia Inc Ga Adv’s portfolio.

Target Corporation opened for trading at $70.43 and hit $71.14 on the upside on Monday, eventually ending the session at $71.05, with a gain of 1.00% or 0.7 points. The heightened volatility saw the trading volume jump to 39,92,230 shares. Company has a market cap of $40,844 M.

On the company’s financial health, Target Corporation reported $1.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Aug 17, 2016. Analyst had a consensus of $1.13. The company had revenue of $16169.00 million for the quarter, compared to analysts expectations of $16170.29 million. The company’s revenue was down -7.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.22 EPS.

Many Wall Street Analysts have commented on Target Corporation. Shares were Reiterated by Telsey Advisory Group on Aug 18, 2016 to “Outperform” and Lowered the Price Target to $ 82 from a previous price target of $88 .Company shares were Reiterated by Deutsche Bank on Aug 15, 2016 to “Hold”, Firm has raised the Price Target to $ 79 from a previous price target of $78 .Miller Tabak Initiated Target Corporation on Jul 29, 2016 to “Buy”, Price Target of the shares are set at $87.

Target Corporation is engaged in providing everyday essentials and fashionable and differentiated merchandise at discounted prices. The Company offers its products through stores online or through mobile devices. The Company sells an assortment of general merchandise and food through its store and digital channels. Its general merchandise stores offer an edited food assortment including perishables dry grocery dairy and frozen items. Its urban format stores CityTarget and TargetExpress offer edited general merchandise and food assortments. Its digital channels include an assortment of general merchandise including various items found in its stores along with a complementary assortment such as additional sizes and colors sold online. The Company’s brands include Archer Farms Simply Balanced Boots & Barkley Circo Embark Gilligan & O’Malley Market Pantry Merona Room Essentials Smith & Hawken Spritz and Sutton & Dodge.

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