Azimuth Capital Management Has Increased Target (TGT) Position By $1.18 Million; Union First Market Bankshares (UBSH) Sentiment Is 1.53

November 14, 2017 - By Adrian Erickson

Union Bankshares Corporation is a financial holding firm and bank holding company. The company has market cap of $1.49 billion. The Firm operates through two divisions: a community bank segment and mortgage loan origination business segment. It has a 18.92 P/E ratio. The Firm offers financial services through its community bank subsidiary, Union Bank & Trust and three non-bank financial services affiliates.

Azimuth Capital Management Llc increased Target Corp (TGT) stake by 26.23% reported in 2017Q2 SEC filing. Azimuth Capital Management Llc acquired 22,664 shares as Target Corp (TGT)’s stock declined 14.90%. The Azimuth Capital Management Llc holds 109,064 shares with $5.70 million value, up from 86,400 last quarter. Target Corp now has $32.59B valuation. The stock declined 1.24% or $0.75 reaching $59.67 on the news. About 3.16M shares traded. Target Corporation (NYSE:TGT) has declined 16.51% since November 14, 2016 and is downtrending. It has underperformed by 33.21% the S&P500.

Among 26 analysts covering Target Corporation (NYSE:TGT), 7 have Buy rating, 3 Sell and 16 Hold. Therefore 27% are positive. Target Corporation had 67 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained Target Corporation (NYSE:TGT) on Saturday, August 22 with “Underweight” rating. The rating was maintained by BMO Capital Markets on Friday, August 18 with “Market Perform”. The firm earned “Outperform” rating on Tuesday, February 7 by Bernstein. On Friday, February 10 the stock rating was initiated by Susquehanna with “Neutral”. As per Wednesday, August 16, the company rating was upgraded by Gordon Haskett. Vetr upgraded Target Corporation (NYSE:TGT) on Wednesday, September 2 to “Strong-Buy” rating. The company was maintained on Friday, May 20 by Goldman Sachs. The company was maintained on Saturday, August 22 by Cowen & Co. The firm has “Hold” rating by Jefferies given on Tuesday, July 25. The stock of Target Corporation (NYSE:TGT) has “Neutral” rating given on Thursday, November 19 by M Partners.

Azimuth Capital Management Llc decreased Omnicell Inc (NASDAQ:OMCL) stake by 25,875 shares to 89,910 valued at $3.88 million in 2017Q2. It also reduced Ross Stores (NASDAQ:ROST) stake by 79,500 shares and now owns 67,435 shares. The Ultimate Software Group (NASDAQ:ULTI) was reduced too.

About 33,963 shares traded. Union Bankshares Corp (UBSH) has risen 21.53% since November 14, 2016 and is uptrending. It has outperformed by 4.83% the S&P500.

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