US Bancorp DE has decreased its holdings in Target Corporation by 12.4%, now owning approximately $175.89 million worth of shares, according to its latest SEC filing. Target's recent quarterly earnings showed a miss, reporting $1.30 EPS against estimates of $1.65, with revenues falling 2.8% year-over-year. Analysts have recently lowered price targets for Target, with the consensus now at $115.65, reflecting mostly neutral ratings from securities research firms. US Bancorp DE lessened its position in shares of Target Corporation by 12.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,685,446 shares of the retailer's stock after selling 239,145 shares during the quarter. US Bancorp DE owned about 0.37% of Target worth $175,893,000 at the end of the most recent reporting period. Other institutional investors have also recently made changes to their positions in the company. Harbour Investments Inc. increased its holdings in Target by 4.1% in the 1st quarter. Harbour Investments Inc. now owns 8,512 shares of the retailer's stock valued at $888,000 after purchasing an additional 332 shares during the last quarter. Sound View Wealth Advisors Group LLC grew its stake in shares of Target by 9.3% in the first quarter. Sound View Wealth Advisors Group LLC now owns 5,137 shares of the retailer's stock worth $536,000 after acquiring an additional 436 shares in the last quarter. Foster & Motley Inc. grew its stake in shares of Target by 17.7% in the first quarter. Foster & Motley Inc. now owns 38,207 shares of the retailer's stock worth $3,987,000 after acquiring an additional 5,733 shares in the last quarter. NorthRock Partners LLC grew its stake in shares of Target by 6.4% in the first quarter. NorthRock Partners LLC now owns 103,001 shares of the retailer's stock worth $10,749,000 after acquiring an additional 6,235 shares in the last quarter. Finally, Seizert Capital Partners LLC grew its stake in shares of Target by 3.8% in the first quarter. Seizert Capital Partners LLC now owns 47,574 shares of the retailer's stock worth $4,965,000 after acquiring an additional 1,739 shares in the last quarter. Hedge funds and other institutional investors own 79.73% of the company's stock. Insider sold 45,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of $96.18, for a total transaction of $4,328,100.00. Following the sale, the insider owned 246,453 shares in the company, valued at approximately $23,703,849.54. This trade represents a 15.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through. Company insiders own 0.16% of the company's stock. A number of brokerages recently commented on TGT. BMO Capital Markets lowered their target price on shares of Target from $100.00 to $95.00 and set a \"market perform\" rating for the company in a research note on Thursday, May 22nd. Wedbush reiterated an \"outperform\" rating on shares of Target in a research note on Thursday, July 17th. Wells Fargo & Company lowered their target price on shares of Target from $135.00 to $115.00 and set an \"overweight\" rating for the company in a research note on Thursday, May 22nd. Royal Bank Of Canada lowered their target price on shares of Target from $112.00 to $103.00 and set an \"outperform\" rating for the company in a research note on Thursday, May 22nd. Finally, Truist Financial boosted their price target on shares of Target from $82.00 to $90.00 and gave the company a \"hold\" rating in a research report on Thursday, May 22nd. Two equities research analysts have rated the stock with a sell rating, twenty-four have given a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat.com, Target has an average rating of \"Hold\" and a consensus price target of $115.65. Shares of traded down $0.06 during trading hours on Monday, hitting $99.71. The company's stock had a trading volume of 5,308,276 shares, compared to its average volume of 6,990,713. The business has a fifty day moving average of $99.94 and a 200-day moving average of $106.99. The stock has a market cap of $45.30 billion, a price-to-earnings ratio of 10.96, a P/E/G ratio of 2.85 and a beta of 1.22. Target Corporation has a twelve month low of $87.35 and a twelve month high of $167.40. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.96. Target ( - ) last released its quarterly earnings results on Wednesday, May 21st. The retailer reported $1.30 EPS for the quarter, missing the consensus estimate of $1.65 by ($0.35). The business had revenue of $24.20 billion during the quarter, compared to analyst estimates of $24.54 billion. Target had a net margin of 3.95% and a return on equity of 25.59%. The firm's revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.03 earnings per share. As a group, equities research analysts anticipate that Target Corporation will post 8.69 EPS for the current year. The company also recently announced a quarterly dividend, which will be paid on Monday, September 1st. Investors of record on Wednesday, August 13th will be given a dividend of $1.12 per share. The ex-dividend date is Wednesday, August 13th. This represents a $4.48 dividend on an annualized basis and a yield of 4.5%. Target's dividend payout ratio (DPR) is 50.11%. 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.

US Bancorp DE Has $175.89 Million Stake in Target Corporation (NYSE:TGT)

US Bancorp DE reduced its stake in Target Corporation by 12.4%, now holding $175.89 million worth of shares. Target reported a quarterly earnings miss with $1.30 EPS vs. estimates of $1.65, and analysts lowered price targets. Institutional investors like Harbour Investments Inc., Sound View Wealth Advisors, and Foster & Motley Inc. increased their holdings in Target. The company's stock fell to $99.71, with a market cap of $45.30 billion and a 4.5% dividend yield.