As Target (TGT) Share Price Declined, Shelter Ins Retirement Plan Trimmed Holding by $941,600; Barry Investment Advisors Raised Its Position in International Business Machs (IBM) by $7.23 Million as Market Value Declined

Target Corporation (NYSE:TGT) Logo

Shelter Ins Retirement Plan decreased its stake in Target Corp (TGT) by 25% based on its latest 2018Q3 regulatory filing with the SEC. Shelter Ins Retirement Plan sold 10,700 shares as the company’s stock declined 23.46% with the market. The institutional investor held 32,100 shares of the department and specialty retail stores company at the end of 2018Q3, valued at $2.83M, down from 42,800 at the end of the previous reported quarter. Shelter Ins Retirement Plan who had been investing in Target Corp for a number of months, seems to be less bullish one the $36.07B market cap company. The stock decreased 0.70% or $0.49 during the last trading session, reaching $69.12. About 2.04 million shares traded. Target Corporation (NYSE:TGT) has risen 11.83% since January 14, 2018 and is uptrending. It has outperformed by 11.83% the S&P500. Some Historical TGT News: 23/05/2018 – TARGET CORP – QTRLY COMPARABLE DIGITAL CHANNEL SALES GREW 28 PERCENT AND CONTRIBUTED 1.1 PERCENTAGE POINTS OF COMPARABLE SALES GROWTH; 14/05/2018 – Target Names William J. Foudy, Jr., as President, Target Sourcing Services; 23/05/2018 – TARGET CORP TGT.N FY SHR VIEW $5.28 — THOMSON REUTERS l/B/E/S; 31/05/2018 – Target and Shipt Expand Same-Day Delivery in Kentucky; 23/05/2018 – TARGET CORP TGT.N CEO SAYS OPERATING INCOME CONTINUES TO REFLECT NEAR-TERM HEADWINDS DRIVEN BY LAST YEAR’S INVESTMENTS TO TRANSFORM THE BUSINESS; 06/03/2018 – Target 4Q Average Transaction Amount Rose 0.4%; 05/04/2018 – Law Firm: Job Applicants Enter Settlement With Target Corp Over Discriminatory Criminal Background Screening Policy; 23/03/2018 – Target And Kroger In Merger Talks: Report — MarketWatch; 15/03/2018 – Shipt and Target to Launch Same-Day Delivery in Washington, D.C. and Baltimore; 19/03/2018 – RPT-‘Exhausted’ Toys ‘R’ Us suppliers weigh options as huge retailer shuts

Barry Investment Advisors Llc increased its stake in International Business Machs (IBM) by 1161.35% based on its latest 2018Q3 regulatory filing with the SEC. Barry Investment Advisors Llc bought 47,894 shares as the company’s stock declined 16.83% with the market. The institutional investor held 52,018 shares of the computer manufacturing company at the end of 2018Q3, valued at $7.87 million, up from 4,124 at the end of the previous reported quarter. Barry Investment Advisors Llc who had been investing in International Business Machs for a number of months, seems to be bullish on the $109.21 billion market cap company. The stock decreased 1.06% or $1.29 during the last trading session, reaching $120.17. About 2.97M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 21.12% since January 14, 2018 and is downtrending. It has underperformed by 21.12% the S&P500. Some Historical IBM News: 17/04/2018 – Carbon Black Expands Relationship with IBM Security; Predictive Security Cloud (PSC) Part of Newly Launched IBM X-Force Threat; 16/04/2018 – UNISYS’S NEWFIELD FORMERLY DIRECTOR OF MSS FOR IBM; 30/03/2018 – IBM sees quantum computing going mainstream within five years; 24/04/2018 – IBM Board Approves Increase In Quarterly Cash Dividend For The 23rd Consecutive Year; 16/05/2018 – MACRON TO MEET ZUCKERBERG, MICROSOFT’S NADELLA, INTEL’S KRZANICH, IBM’S ROMETTY TO SET UP DIALOGUE, EXPECTS INVESTMENTS AND JOB ANNOUCEMENTS – ELYSEE; 06/03/2018 – Robin Systems announces extension of Hybrid Cloud support to Microsoft Azure as well as for SAP HANA, MS-SQL, IBM DB2 & Packaged Enterprise Applications; 17/04/2018 – IBM Reports Loss but Higher Revenue; 24/03/2018 – Crown Prince Tours IBM Watson Health Center; 20/03/2018 – IBM Tool Seeks to Bridge AI Skills Gap; 16/04/2018 – Realfiction: IBM installs Realfictions mixed reality display DeepFrame at its new innovation centre in Abu Dhabi

Analysts await Target Corporation (NYSE:TGT) to report earnings on March, 5. They expect $1.51 EPS, up 10.22% or $0.14 from last year’s $1.37 per share. TGT’s profit will be $787.97 million for 11.44 P/E if the $1.51 EPS becomes a reality. After $1.09 actual EPS reported by Target Corporation for the previous quarter, Wall Street now forecasts 38.53% EPS growth.

Among 33 analysts covering Target Corporation (NYSE:TGT), 14 have Buy rating, 3 Sell and 16 Hold. Therefore 42% are positive. Target Corporation had 111 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, November 21 by Credit Suisse. Citigroup maintained it with “Neutral” rating and $92 target in Monday, August 27 report. As per Tuesday, January 9, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus maintained Target Corporation (NYSE:TGT) rating on Wednesday, October 18. Stifel Nicolaus has “Hold” rating and $60.0 target. The stock of Target Corporation (NYSE:TGT) has “Underperform” rating given on Wednesday, March 1 by Wolfe Research. Vetr upgraded Target Corporation (NYSE:TGT) on Tuesday, September 8 to “Strong-Buy” rating. The firm has “Neutral” rating given on Thursday, August 20 by M Partners. The stock of Target Corporation (NYSE:TGT) has “Buy” rating given on Thursday, May 19 by Citigroup. Zacks upgraded the shares of TGT in report on Thursday, August 20 to “Hold” rating. BMO Capital Markets maintained Target Corporation (NYSE:TGT) rating on Friday, August 21. BMO Capital Markets has “Market Perform” rating and $87 target.

More notable recent Target Corporation (NYSE:TGT) news were published by: Investorplace.com which released: “Don’t Let the Rally In Bed Bath & Beyond Stock Fool You – Investorplace.com” on January 14, 2019, also Fool.com with their article: “Better Buy: Costco vs. Target – The Motley Fool” published on December 20, 2018, Investorplace.com published: “Barring an Abysmal 2019, Target Stock Looks Woefully Undervalued Here – Investorplace.com” on December 19, 2018. More interesting news about Target Corporation (NYSE:TGT) were released by: Seekingalpha.com and their article: “Target: A Tale Of Consistency – Seeking Alpha” published on December 18, 2018 as well as Benzinga.com‘s news article titled: “Citigroup Inc. (NYSE:C), Amazon.com, Inc. (NASDAQ:AMZN) – After Strong Week, Market Comes Under Pressure From China As Earnings Begin – Benzinga” with publication date: January 14, 2019.

Investors sentiment increased to 0.91 in Q3 2018. Its up 0.01, from 0.9 in 2018Q2. It increased, as 65 investors sold IBM shares while 594 reduced holdings. 116 funds opened positions while 481 raised stakes. 492.69 million shares or 0.61% more from 489.70 million shares in 2018Q2 were reported. Moreover, Afam Cap has 1.04% invested in International Business Machines Corporation (NYSE:IBM). Cibc National Bank Usa stated it has 0.06% of its portfolio in International Business Machines Corporation (NYSE:IBM). The Massachusetts-based Highvista Strategies Limited Company has invested 0.26% in International Business Machines Corporation (NYSE:IBM). Alphaone Investment Ser Ltd Llc has 0.13% invested in International Business Machines Corporation (NYSE:IBM). Meyer Handelman Co reported 354,029 shares. Rhenman Partners Asset Mngmt Ab accumulated 0.04% or 2,461 shares. Kansas-based Fincl Advisory Serv has invested 0.09% in International Business Machines Corporation (NYSE:IBM). State Of Alaska Department Of Revenue reported 0.62% in International Business Machines Corporation (NYSE:IBM). Daiwa Gp Inc accumulated 0.07% or 52,490 shares. Pinnacle Associate stated it has 87,258 shares. Roosevelt Invest holds 3,782 shares or 0.05% of its portfolio. Lee Danner And Bass accumulated 22,819 shares. 1,500 are owned by Edgewood Llc. Arvest Retail Bank Tru Division holds 96,214 shares or 0.99% of its portfolio. Sumitomo Mitsui Asset Mngmt Limited invested in 92,383 shares.

Since August 3, 2018, it had 5 insider purchases, and 1 insider sale for $426,695 activity. TAUREL SIDNEY bought $495,846 worth of stock. On Friday, November 2 the insider Rometty Virginia M bought $998,835. 11,451 International Business Machines Corporation (NYSE:IBM) shares with value of $1.67 million were sold by Gherson Diane J. $232,838 worth of International Business Machines Corporation (NYSE:IBM) was bought by Swedish Joseph. $249,722 worth of International Business Machines Corporation (NYSE:IBM) was bought by WADDELL FREDERICK H.

Among 35 analysts covering International Business Machines (NYSE:IBM), 14 have Buy rating, 5 Sell and 16 Hold. Therefore 40% are positive. International Business Machines had 142 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, October 18 the stock rating was maintained by Barclays Capital with “Underweight”. On Wednesday, April 12 the stock rating was maintained by Bernstein with “Market Perform”. The firm has “Hold” rating given on Thursday, July 13 by Guggenheim. On Thursday, January 18 the stock rating was maintained by Bank of America with “Buy”. The rating was maintained by Bernstein on Tuesday, July 19 with “Market Perform”. Deutsche Bank maintained it with “Hold” rating and $150 target in Tuesday, October 20 report. As per Friday, October 9, the company rating was initiated by Drexel Hamilton. On Tuesday, April 19 the stock rating was maintained by Bernstein with “Market Perform”. The firm earned “Buy” rating on Friday, January 19 by Stifel Nicolaus. The stock of International Business Machines Corporation (NYSE:IBM) has “Buy” rating given on Wednesday, June 7 by Stifel Nicolaus.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.