Target Corporatiion (TGT) Holder Daniel Devine & Company Has Raised Stake by $712,400; As Meritor (MTOR) Stock Price Declined, Oberweis Asset Management Has Lifted Stake

April 22, 2018 - By Winifred Garcia

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Daniel Devine & Company increased its stake in Target Corporatiion (TGT) by 123.15% based on its latest 2017Q4 regulatory filing with the SEC. Daniel Devine & Company bought 10,960 shares as the company’s stock rose 4.77% while stock markets declined. The institutional investor held 19,860 shares of the department and specialty retail stores company at the end of 2017Q4, valued at $1.30M, up from 8,900 at the end of the previous reported quarter. Daniel Devine & Company who had been investing in Target Corporatiion for a number of months, seems to be bullish on the $37.89 billion market cap company. The stock decreased 0.93% or $0.66 during the last trading session, reaching $70.32. About 4.11 million shares traded. Target Corporation (NYSE:TGT) has risen 28.46% since April 22, 2017 and is uptrending. It has outperformed by 16.91% the S&P500.

Oberweis Asset Management Inc increased its stake in Meritor Inc. (MTOR) by 188.15% based on its latest 2017Q4 regulatory filing with the SEC. Oberweis Asset Management Inc bought 66,230 shares as the company’s stock declined 12.81% with the market. The institutional investor held 101,430 shares of the capital goods company at the end of 2017Q4, valued at $2.38M, up from 35,200 at the end of the previous reported quarter. Oberweis Asset Management Inc who had been investing in Meritor Inc. for a number of months, seems to be bullish on the $1.93 billion market cap company. The stock decreased 0.18% or $0.04 during the last trading session, reaching $21.6. About 1.25 million shares traded. Meritor, Inc. (NYSE:MTOR) has risen 25.65% since April 22, 2017 and is uptrending. It has outperformed by 14.10% the S&P500.

Investors sentiment decreased to 1.41 in 2017 Q4. Its down 0.37, from 1.78 in 2017Q3. It dropped, as 30 investors sold MTOR shares while 58 reduced holdings. 47 funds opened positions while 77 raised stakes. 80.86 million shares or 3.23% less from 83.56 million shares in 2017Q3 were reported. Scopus Asset Mngmt Ltd Partnership holds 903,144 shares. Susquehanna Int Grp Llp invested 0% in Meritor, Inc. (NYSE:MTOR). Zacks Inv Mgmt holds 0.03% of its portfolio in Meritor, Inc. (NYSE:MTOR) for 54,571 shares. Kemnay Advisory Service Incorporated, a New York-based fund reported 54,996 shares. Hillsdale Investment Management holds 0.2% in Meritor, Inc. (NYSE:MTOR) or 53,700 shares. California Pub Employees Retirement System holds 0.01% or 197,293 shares in its portfolio. Hennessy Advisors Incorporated holds 1.42M shares or 1.02% of its portfolio. Geode Mgmt Limited Co, a Massachusetts-based fund reported 787,670 shares. Oberweis Asset Mngmt Inc has invested 0.56% in Meritor, Inc. (NYSE:MTOR). Macquarie Gp Ltd reported 0% in Meritor, Inc. (NYSE:MTOR). Hong Kong-based Parametrica Limited has invested 0.23% in Meritor, Inc. (NYSE:MTOR). Paloma Partners Mgmt invested in 18,652 shares. Moreover, Matarin Capital Mngmt Ltd has 0.83% invested in Meritor, Inc. (NYSE:MTOR) for 455,521 shares. Ajo Lp reported 69,473 shares. 172,900 are held by Apg Asset Nv.

Since December 11, 2017, it had 0 insider purchases, and 7 insider sales for $8.51 million activity. Villavarayan Chris also sold $94,113 worth of Meritor, Inc. (NYSE:MTOR) shares. $405,856 worth of Meritor, Inc. (NYSE:MTOR) shares were sold by Plomin Joseph A.. $1.45 million worth of Meritor, Inc. (NYSE:MTOR) shares were sold by Nowlan Kevin.

Oberweis Asset Management Inc, which manages about $1.10 billion and $427.54M US Long portfolio, decreased its stake in Eldorado Resorts Inc. (NASDAQ:ERI) by 36,340 shares to 119,140 shares, valued at $3.95 million in 2017Q4, according to the filing. It also reduced its holding in Diamondback Energy Inc. (NASDAQ:FANG) by 9,540 shares in the quarter, leaving it with 43,805 shares, and cut its stake in Logmein Inc. (NASDAQ:LOGM).

Among 11 analysts covering Meritor (NYSE:MTOR), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Meritor had 47 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Meritor, Inc. (NYSE:MTOR) has “Equal-Weight” rating given on Wednesday, November 23 by Barclays Capital. The firm earned “Buy” rating on Monday, September 18 by Stifel Nicolaus. Barclays Capital maintained the stock with “Equal Weight” rating in Thursday, March 23 report. KeyBanc Capital Markets maintained it with “Buy” rating and $23.0 target in Wednesday, September 6 report. The firm has “Equal Weight” rating by Barclays Capital given on Monday, January 25. As per Tuesday, June 28, the company rating was downgraded by Piper Jaffray. The stock has “Overweight” rating by PiperJaffray on Friday, December 8. Stifel Nicolaus maintained Meritor, Inc. (NYSE:MTOR) rating on Wednesday, October 18. Stifel Nicolaus has “Buy” rating and $31.0 target. As per Monday, May 15, the company rating was initiated by RBC Capital Markets. The firm has “Buy” rating given on Monday, September 11 by Stifel Nicolaus.

Among 29 analysts covering Target Corporation (NYSE:TGT), 11 have Buy rating, 3 Sell and 15 Hold. Therefore 38% are positive. Target Corporation had 89 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Sell” rating by Gordon Haskett given on Tuesday, May 9. The stock has “Hold” rating by Zacks on Thursday, August 20. The rating was maintained by Cowen & Co with “Outperform” on Thursday, February 25. On Wednesday, February 14 the stock rating was upgraded by Robert W. Baird to “Outperform”. The stock of Target Corporation (NYSE:TGT) earned “Strong-Buy” rating by Vetr on Wednesday, September 2. The rating was upgraded by Vetr to “Strong-Buy” on Tuesday, September 8. The firm has “Underperform” rating by Wolfe Research given on Wednesday, March 1. The company was initiated on Monday, February 26 by Credit Suisse. The stock of Target Corporation (NYSE:TGT) has “Hold” rating given on Monday, May 16 by Deutsche Bank. Bernstein maintained the shares of TGT in report on Thursday, December 14 with “Buy” rating.

Meritor, Inc. (NYSE:MTOR) Institutional Positions Chart

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