First Financial Corp IN Has $38,000 Position in Target Co. (NYSE:TGT)

First Financial Corp IN lifted its holdings in Target Co. (NYSE:TGT) by 330.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 280 shares of the retailer’s stock after buying an additional 215 shares during the quarter. First Financial Corp IN’s holdings in Target were worth $38,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Legacy Investment Solutions LLC bought a new stake in shares of Target during the third quarter worth $28,000. Wolff Wiese Magana LLC boosted its position in Target by 156.5% during the 3rd 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 last quarter. FSA Wealth Management LLC acquired a new position in Target during the third quarter worth $36,000. Catalyst Capital Advisors LLC acquired a new position in shares of Target during the 3rd quarter worth about $38,000. Finally, Reston Wealth Management LLC bought a new position in shares of Target in the 3rd quarter valued at about $41,000. 79.73% of the stock is owned by institutional investors.

Target Stock Performance

Shares of TGT stock opened at $136.18 on Wednesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. The firm has a market cap of $62.40 billion, a price-to-earnings ratio of 14.44, a P/E/G ratio of 2.21 and a beta of 1.16. Target Co. has a 52 week low of $120.21 and a 52 week high of $181.86. The firm’s 50-day simple moving average is $137.06 and its two-hundred day simple moving average is $145.39.

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

Analysts Set New Price Targets

Several research analysts recently commented on TGT shares. Hsbc Global Res cut Target from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft cut Target from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $184.00 to $108.00 in a research note on Wednesday, November 20th. Stifel Nicolaus raised their target price on shares of Target from $137.00 to $145.00 and gave the company a “hold” rating in a research note on Tuesday, December 10th. Citigroup lowered shares of Target from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $188.00 to $130.00 in a research report on Wednesday, November 20th. Finally, Wells Fargo & Company decreased their price objective on shares of Target from $180.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, Target has an average rating of “Hold” and an average price target 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.