As Target (TGT) Stock Value Declined, Sns Financial Group Has Decreased Its Position; Colgate Palmolive (CL) Market Value Rose While Stewart & Patten Co Has Upped Stake by $833,040

February 21, 2018 - By reb123z

Sns Financial Group Llc decreased its stake in Target Corp (TGT) by 79.03% based on its latest 2017Q3 regulatory filing with the SEC. Sns Financial Group Llc sold 51,307 shares as the company’s stock declined 14.90% while stock markets rallied. The institutional investor held 13,616 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $803,000, down from 64,923 at the end of the previous reported quarter. Sns Financial Group Llc who had been investing in Target Corp for a number of months, seems to be less bullish one the $40.14 billion market cap company. The stock increased 1.35% or $0.98 during the last trading session, reaching $73.84. About 5.66M shares traded. Target Corporation (NYSE:TGT) has declined 16.51% since February 21, 2017 and is downtrending. It has underperformed by 33.21% the S&P500.

Stewart & Patten Co Llc increased its stake in Colgate Palmolive (CL) by 10.49% based on its latest 2017Q3 regulatory filing with the SEC. Stewart & Patten Co Llc bought 11,570 shares as the company’s stock rose 3.95% with the market. The institutional investor held 121,859 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $8.88 million, up from 110,289 at the end of the previous reported quarter. Stewart & Patten Co Llc who had been investing in Colgate Palmolive for a number of months, seems to be bullish on the $61.13B market cap company. The stock decreased 0.27% or $0.19 during the last trading session, reaching $69.84. About 1.54 million shares traded. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since February 21, 2017 and is uptrending. It has underperformed by 10.47% the S&P500.

Stewart & Patten Co Llc, which manages about $814.96 million and $547.84 million US Long portfolio, decreased its stake in Norfolk Southern Grp (NYSE:NSC) by 2,600 shares to 9,150 shares, valued at $1.21M in 2017Q3, according to the filing. It also reduced its holding in Procter & Gamble Co (NYSE:PG) by 5,353 shares in the quarter, leaving it with 257,565 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

Among 25 analysts covering Colgate-Palmolive (NYSE:CL), 6 have Buy rating, 1 Sell and 18 Hold. Therefore 24% are positive. Colgate-Palmolive had 65 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank maintained Colgate-Palmolive Company (NYSE:CL) on Monday, November 2 with “Hold” rating. The company was maintained on Monday, January 30 by Stifel Nicolaus. The firm has “Neutral” rating by Sterne Agee CRT given on Friday, February 26. S&P Research maintained the stock with “Hold” rating in Monday, November 2 report. The firm earned “Market Perform” rating on Tuesday, November 15 by Wells Fargo. Goldman Sachs upgraded the stock to “Neutral” rating in Monday, May 2 report. The stock of Colgate-Palmolive Company (NYSE:CL) has “Hold” rating given on Monday, September 18 by Stifel Nicolaus. The stock of Colgate-Palmolive Company (NYSE:CL) has “Buy” rating given on Monday, September 12 by Bank of America. The rating was downgraded by BNP Paribas to “Neutral” on Friday, July 29. The firm earned “Buy” rating on Friday, July 29 by Citigroup.

Investors sentiment is 0.9 in 2017 Q3. Its the same as in 2017Q2. It is the same, as 52 investors sold CL shares while 437 reduced holdings. only 92 funds opened positions while 350 raised stakes. 617.24 million shares or 0.04% less from 617.46 million shares in 2017Q2 were reported. The Pennsylvania-based Valley Natl Advisers has invested 0.02% in Colgate-Palmolive Company (NYSE:CL). M Secs accumulated 5,821 shares. Peninsula Asset Mngmt Inc reported 4,000 shares or 0.21% of all its holdings. Pax Management has 7,032 shares. Levin Capital Strategies Lp reported 0% stake. Caxton Assocs LP stated it has 10,000 shares. Prudential Fincl Incorporated reported 1.26 million shares. Raymond James Financial Service Advsr Incorporated owns 236,128 shares. Virtus Advisers Inc accumulated 6,904 shares. Davide Leone And Partners Invest Limited Liability Partnership accumulated 565,789 shares. Salem Cap Inc, Massachusetts-based fund reported 14,350 shares. Legacy Capital invested in 56,556 shares or 2.17% of the stock. Advantus Mngmt has invested 0.17% of its portfolio in Colgate-Palmolive Company (NYSE:CL). Hudson Valley Investment Advisors Adv owns 5,263 shares for 0.1% of their portfolio. Boston Research & Mngmt holds 47,628 shares or 1.77% of its portfolio.

Since December 13, 2017, it had 0 insider purchases, and 10 selling transactions for $28.14 million activity. $3.10 million worth of Colgate-Palmolive Company (NYSE:CL) was sold by MOISON FRANCK J. Wallace Noel R. also sold $9.32M worth of Colgate-Palmolive Company (NYSE:CL) on Wednesday, January 31. 7,375 shares were sold by Daniels Jennifer, worth $539,694 on Wednesday, December 13. $2.58M worth of Colgate-Palmolive Company (NYSE:CL) was sold by JAKOBSEN HENNING I on Monday, February 5. HUSTON JOHN J had sold 14,000 shares worth $972,125 on Friday, February 9. $489,696 worth of Colgate-Palmolive Company (NYSE:CL) was sold by CAHILL JOHN T.

Analysts await Target Corporation (NYSE:TGT) to report earnings on March, 6 before the open. They expect $1.39 EPS, down 4.14% or $0.06 from last year’s $1.45 per share. TGT’s profit will be $755.56M for 13.28 P/E if the $1.39 EPS becomes a reality. After $0.91 actual EPS reported by Target Corporation for the previous quarter, Wall Street now forecasts 52.75% EPS growth.

Among 28 analysts covering Target Corporation (NYSE:TGT), 9 have Buy rating, 3 Sell and 16 Hold. Therefore 32% are positive. Target Corporation had 84 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Tuesday, January 9. The company was maintained on Thursday, May 19 by Nomura. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, October 18. As per Wednesday, March 1, the company rating was downgraded by Telsey Advisory Group. Robert W. Baird maintained the shares of TGT in report on Tuesday, January 2 with “Hold” rating. The stock of Target Corporation (NYSE:TGT) has “Strong-Buy” rating given on Tuesday, September 8 by Vetr. The company was maintained on Thursday, August 20 by M Partners. The stock has “Hold” rating by Jefferies on Thursday, August 31. Morgan Stanley maintained it with “Underweight” rating and $74 target in Saturday, August 22 report. The firm has “Neutral” rating by Guggenheim given on Friday, September 30.

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