Lincoln National Holding in Procter And Gamble Co (PG) Has Decreased by $956,430 as Share Value Declined; Gargoyle Investment Advisor Decreased Its Target (TGT) Position as Stock Value Declined

February 19, 2018 - By Marguerite Chambers

Lincoln National Corp decreased its stake in Procter And Gamble Co (PG) by 5.57% based on its latest 2017Q3 regulatory filing with the SEC. Lincoln National Corp sold 10,627 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 180,206 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $16.40 million, down from 190,833 at the end of the previous reported quarter. Lincoln National Corp who had been investing in Procter And Gamble Co for a number of months, seems to be less bullish one the $208.24 billion market cap company. The stock increased 0.23% or $0.19 during the last trading session, reaching $82.6. About 10.37M shares traded or 21.77% up from the average. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 19, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Gargoyle Investment Advisor Llc decreased its stake in Target Corp (TGT) by 56.1% based on its latest 2017Q3 regulatory filing with the SEC. Gargoyle Investment Advisor Llc sold 18,655 shares as the company’s stock declined 14.90% while stock markets rallied. The institutional investor held 14,600 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $862,000, down from 33,255 at the end of the previous reported quarter. Gargoyle Investment Advisor Llc who had been investing in Target Corp for a number of months, seems to be less bullish one the $41.15 billion market cap company. The stock decreased 0.45% or $0.34 during the last trading session, reaching $75.7. About 4.28M shares traded. Target Corporation (NYSE:TGT) has declined 16.51% since February 19, 2017 and is downtrending. It has underperformed by 33.21% the S&P500.

Analysts await Target Corporation (NYSE:TGT) to report earnings on February, 27. They expect $1.19 EPS, down 17.93% or $0.26 from last year’s $1.45 per share. TGT’s profit will be $646.84 million for 15.90 P/E if the $1.19 EPS becomes a reality. After $0.91 actual EPS reported by Target Corporation for the previous quarter, Wall Street now forecasts 30.77% EPS growth.

Gargoyle Investment Advisor Llc, which manages about $353.70 million and $272.32 million US Long portfolio, upped its stake in Msc Indl Direct Inc (NYSE:MSM) by 17,396 shares to 32,796 shares, valued at $2.48M in 2017Q3, according to the filing. It also increased its holding in Smucker J M Co (NYSE:SJM) by 3,100 shares in the quarter, for a total of 20,948 shares, and has risen its stake in Interpublic Group Cos Inc (NYSE:IPG).

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. BMO Capital Markets maintained it with “Market Perform” rating and $87 target in Friday, August 21 report. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, October 18. The rating was initiated by Gordon Haskett on Tuesday, May 9 with “Sell”. The rating was maintained by Goldman Sachs with “Neutral” on Friday, May 20. The rating was upgraded by Susquehanna on Wednesday, January 10 to “Positive”. Goldman Sachs downgraded Target Corporation (NYSE:TGT) on Thursday, January 19 to “Sell” rating. The firm has “Neutral” rating by Susquehanna given on Friday, February 10. The company was maintained on Friday, August 18 by BMO Capital Markets. Telsey Advisory Group maintained Target Corporation (NYSE:TGT) rating on Wednesday, January 18. Telsey Advisory Group has “Outperform” rating and $78 target. The stock of Target Corporation (NYSE:TGT) has “Neutral” rating given on Thursday, August 20 by M Partners.

Lincoln National Corp, which manages about $2.38B US Long portfolio, upped its stake in Alphabet Inc by 314 shares to 1,670 shares, valued at $1.60 million in 2017Q3, according to the filing. It also increased its holding in Exxon Mobil Corp (NYSE:XOM) by 5,257 shares in the quarter, for a total of 65,760 shares, and has risen its stake in Ishares Tr (PFF).

Since August 22, 2017, it had 0 buys, and 4 sales for $3.96 million activity. Majoras Deborah P sold $401,642 worth of The Procter & Gamble Company (NYSE:PG) on Saturday, September 30. Fish Kathleen B also sold $1.93M worth of The Procter & Gamble Company (NYSE:PG) on Thursday, February 15. 9,005 shares were sold by Posada Juan Fernando, worth $739,189.

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