The Manufacturers Life Insurance Company trimmed its stake in Target Co. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The institutional investor owned 86,827 shares of the retailer's stock after selling 10,521 shares during the period. If the $78.90 price target is reached, the company will be worth $2.04B more.
Clifford Swan Investment Counsel LLC trimmed its position in Target Co. American Trust Investment Advisors LLC now owns 19,055 shares of the retailer's stock worth $1,243,000 after purchasing an additional 960 shares during the last quarter. Bank of New York Mellon Corp now owns 10,654,835 shares of the retailer's stock worth $695,229,000 after buying an additional 916,178 shares during the last quarter. NY acquired a new position in Target in the 3rd quarter valued at about $65,948,000. Hamlin Capital Management LLC bought a new position in shares of Target in the 4th quarter worth $60,860,000. Jacobi Capital Management LLC now owns 2,503 shares of the retailer's stock worth $141,000 after buying an additional 1,310 shares during the period. The stock has "Hold" rating by Jefferies on Tuesday, January 9. Insiders sold 16,262 shares of company stock worth $1,185,484 in the last 90 days.
In other Target news, insider Robert M. Harrison sold 8,557 shares of the stock in a transaction on Thursday, January 18th. The shares were sold at an average price of $78.08, for a total transaction of $234,240.00. The disclosure for this sale can be found here.
Snapchat school threat leads police to Parkway West student
The students say they will continue "Walkout Wednesday" until lawmakers hear their concerns and take action on gun control. Three Mid-Del students are in Del City police custody in connection with a shooting threat made against their school.
For the first quarter 2018, Target expects a low-single digit increase in comparable sales, and both GAAP earnings per share from continuing operations and adjusted earnings per share of $1.25 to $1.45. And, after a successful 2017 launch of Target Restock, the company will expand the next-day home delivery service of essentials to more than 30 new cities, serving almost three-fourths of the US population by the end of 2018.
Liberty Mutual Group Asset Management Inc. reduced its stake in Target Co. (TGT) opened at $71.79 on Wednesday. The company has a quick ratio of 0.27, a current ratio of 0.96 and a debt-to-equity ratio of 1.01. The company has a market cap of $40,844.05, a P/E ratio of 15.02, a PEG ratio of 3.54 and a beta of 0.71.
Target Corp. reports financial results on Tuesday, March 6, 2018.
Net income for the fourth quarter, which included an extra week than in 2016, totaled US$1.1bn, or US$2.02 a share, compared with US$817mln, or US$1.45 per share, a year earlier. The company had revenue of $22.77 billion for the quarter, compared to analyst estimates of $22.56 billion.
Add to that Target's pledge to raise its internal minimum wage to $15 by 2020 (it'll be $12 this spring), and the ramping up f store remodels this year to 300 locations, and you have enormous pressure on Target's margins, a big reason the company's shares fell about 6% during the executives presentations. Target's quarterly revenue was up 10.0% compared to the same quarter last year. analysts predict that Target Co. will post 4.72 EPS for the current year. The initiative is part of Target's multi-year $7 billion plan announced last year that aimed to fully integrate stores and e-commerce and use its 1,800 stores to speed up delivery. Shareholders of record on Wednesday, February 21st will be paid a $0.62 dividend. That value represents a market adjusting for revenues that have been growing by 1.37 % on a quarterly year/year basis as of the company's last quarterly report. The ex-dividend date is Tuesday, February 20th. Target's dividend payout ratio is now 51.88%. Stifel Nicolaus maintained Target Corporation (NYSE:TGT) rating on Monday, September 18. Barclays set a $45.00 price target on shares of Target and gave the stock a "sell" rating in a report on Wednesday, November 15th. MKM Partners set a $77.00 price objective on shares of Target and gave the company a "buy" rating in a report on Thursday, December 14th. Target presently has a consensus rating of "Hold" and a consensus target price of $73.97. "(NYSE:TGT) Shares Sold by Pinnacle Associates Ltd." was originally reported by Enterprise Leader and is the sole property of of Enterprise Leader. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of U.S. and worldwide trademark and copyright law. The legal version of this article can be viewed at https://www.dispatchtribunal.com/2018/03/07/moors-cabot-inc-has-731000-stake-in-target-co-tgt.html.
Traffic grew 3.2 percent in the fourth quarter, reflecting healthy increases in both stores and digital channels. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes.
I thought we were screening better, we were taking balls into screens better. "I hope their name is called on Selection Monday". Jerome led the way with 21 points as Virginia shot 43 percent for the game, which included making six of its final eight shots.
He is wearing No. 73 because No. 7 was his high school baseball number, and obviously No. 3 is what he wears with Seattle. A 2014 Super Bowl champion, the 29-year-old worked out at second base in early drills with shortstop Didi Gregorius .
SIX NATIONS OF THE GRAND-The Six Nations Fire Department has closed off Fourth Line Road at Mohawk Road as a result of flooding. At 56 feet . flooding occurs along the river especially on the OH side in Adams and Brown counties, according to NWS.
Amazon Prime memberships are now available at the special price of $5.99 per month for tens of millions of American consumers. Medicaid is the government program that helps provide health coverage for many low-income families and disabled individuals.
As he entered the event Thursday, Kelly was upbeat, telling CNN that things at the White House were "pretty good", in his opinion. Porter, as White House staff secretary, helped Kelly manage the flow of information that reaches the president daily.
He advised residents to consider past experience with heavy rains and flooding and respond accordingly. This video shows flooding around the Little Miami River, a tributary of the Ohio River, in Loveland.
Firstly you'll need to browse to the Android developer website to download the system image and flash it to a compatible device. Google introduced the Neural Networks API in Android 8.1 to accelerate on-device machine learning on Android.
The move would allow E! to censor any unforeseen moments that may arise, like they did during the recent Golden Globes. Rival broadcast Access Hollywood will reportedly also keep the talk of Seacrest's alleged behavior alive.
Royal Rumble victor Asuka continued her winning run when she stunned Nia Jax, who was dominating for the most part of the match. Rumors on Rousey's partner include The Rock , Angle, Seth Rollins and SmackDown Commissioner Shane McMahon.
Anger spread across South Kashmir as thousands shouted slogans and joined the last rites of those killed. Also the three OGWs/ accomplices in the auto who were accompanying the terrorist were found to be dead.
Be sure to check out our Academy Award predictions and be sure to follow along during our live blog during the show! Rounding out the top ten was Orion's Every Day with an estimated $1.6M, down 48%, and only $5.3M thus far.
Israeli Prime Minister Benjamin Netanyahu hailed Friday's USA announcement as "a great day for the people of Israel". The American Vice-President, Mike Pence , had previously stated that the embassy move would occur sometime in 2019.
Houston Rockets vs. Boston Celtics
Ball made three shots from beyond the arc in the final three minutes to give the Lakers their fifth straight victory. Houston's win streak is its longest since the Hakeem Olajuwan-led team won the first 15 games of the 1993-94 season.
Samsung Galaxy S9+ Camera: Just How Good It Actually Is
Local pricing has not been announced at the time of writing. - Both the S9 and the S9+ have a 8-megapixel front camera. It is interesting to note that this will be the fastest that a Galaxy device has been introduced in the Indian market.
All of Northwest Arkansas under Flood Watch
EXTENDED: We will finally be able to catch our breath from the active weather we have been experiencing over the past week. The statement from the NWS said "with saturated conditions, nearly no area will be immune".
McArthur facing 6th murder charge as cops identify more remains
Police identified the sixth suspected victim as Skandaraj Navaratnam, who disappeared in Toronto on Labour Day weekend in 2010. Court documents also indicate McArthur was convicted of assault with a weapon for attacking a man with a metal pipe in 2001.
Black Panther #1 from Coates, Acuna coming in May
After his arrival, a new and powerful enemy appears, putting T'Challa's strength as a king and Black Panther to the test. Once again, toss "All the Stars" or "Opps" onto your musical device of choice, grab that Diet Cherry Dr.
Democrat-favoring redistricting likely to be challenged
It's hard to feel bad for the Republicans, who drew a bad-faith map in 2011 and eventually got their comeuppance for doing so. One of the justices actually campaigned on invalidating the Pennsylvania congressional map before being elected to the bench.