Atlantic Trust Group LLC decreased its holdings in Target Co. (NYSE:TGT) by 24.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 75,121 shares of the retailer’s stock after selling 23,836 shares during the quarter. Atlantic Trust Group LLC’s holdings in Target were worth $4,434,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Fiera Capital Corp raised its position in shares of Target by 0.4% during the second quarter. Fiera Capital Corp now owns 4,888 shares of the retailer’s stock worth $256,000 after acquiring an additional 19 shares during the last quarter. Gamble Jones Investment Counsel raised its position in shares of Target by 0.4% during the second quarter. Gamble Jones Investment Counsel now owns 10,570 shares of the retailer’s stock worth $553,000 after acquiring an additional 44 shares during the last quarter. WealthTrust Fairport LLC raised its position in shares of Target by 1.6% during the second quarter. WealthTrust Fairport LLC now owns 6,051 shares of the retailer’s stock worth $316,000 after acquiring an additional 93 shares during the last quarter. Security National Bank of Sioux City Iowa IA raised its position in shares of Target by 0.8% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 13,341 shares of the retailer’s stock worth $698,000 after acquiring an additional 102 shares during the last quarter. Finally, Hugh Johnson Advisors LLC raised its position in shares of Target by 2.0% during the second quarter. Hugh Johnson Advisors LLC now owns 5,673 shares of the retailer’s stock worth $297,000 after acquiring an additional 109 shares during the last quarter. Hedge funds and other institutional investors own 87.41% of the company’s stock.

In other Target news, Director Roxanne S. Austin sold 4,705 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $62.61, for a total value of $294,580.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.20% of the stock is currently owned by insiders.

Shares of Target Co. (NYSE:TGT) opened at $65.82 on Wednesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.27 and a current ratio of 0.96. Target Co. has a 52 week low of $48.56 and a 52 week high of $74.24. The company has a market capitalization of $35,544.22, a price-to-earnings ratio of 13.77, a P/E/G ratio of 8.08 and a beta of 0.64.

Target (NYSE:TGT) last posted its earnings results on Wednesday, November 15th. The retailer reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.05. Target had a return on equity of 24.09% and a net margin of 3.80%. The firm had revenue of $16.67 billion during the quarter, compared to analysts’ expectations of $16.61 billion. During the same period in the previous year, the firm earned $1.04 earnings per share. The company’s revenue was up 1.4% on a year-over-year basis. analysts anticipate that Target Co. will post 4.54 EPS for the current year.

TGT has been the subject of a number of recent research reports. TheStreet upgraded Target from a “c+” rating to a “b” rating in a research report on Thursday, September 28th. Vetr downgraded Target from a “strong-buy” rating to a “buy” rating and set a $64.00 target price for the company. in a research report on Monday, November 20th. MKM Partners initiated coverage on Target in a research report on Wednesday, October 18th. They set a “buy” rating and a $85.00 target price for the company. Zacks Investment Research upgraded Target from a “hold” rating to a “buy” rating and set a $63.00 target price for the company in a research report on Tuesday, October 10th. Finally, ValuEngine upgraded Target from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Five research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $62.44.

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Target Profile

Target Corporation (Target) is a general merchandise retailer selling products through its stores and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. Its digital channels include a range of general merchandise, including a range of items found in its stores, along with an assortment, such as additional sizes and colors sold only online.

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Institutional Ownership by Quarter for Target (NYSE:TGT)

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