Will Target’s EPS Show Something Unexpected To These Top Institutional Shareholders?

Target Corp. (NYSE:TGT) sees their fiscal year 2013 EPS at $4.70 to $4.90. The difference between the EPS ranges shows expected EPS dilution related to Target’s Canadian Segment of approximately (45) cents, which has been slightly offset due to expected accounting impacts of approximately 30c concerning the sale of Target’s entire consumer credit card receivables portfolio to TD Bank Group, a deal which is now expected by the company to close during the first quarter of 2013.

Will Target Corp.’s shareholders decrease their holdings? They reported owning a total of 554.972 million shares on 12/31/2012. The shares closed at $58.83 on 12/31/2012.

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Here are the ten largest positions in Target Corp. at the end of December 31st, 2012.

State Street Corp. held 60,783,464 shares on 12/31/2012 worth $3,596,557,454. This brought the portfolio total to 0.52%.

Vanguard Group Inc. held 33,233,402 shares on 12/31/2012 worth $1,966,420,335. This brought the portfolio total to 0.25%.

Massachusetts Financial Services Co. /MA/ held 24,653,157 shares on 12/31/2012 worth $1,458,727,255. This brought the portfolio total to 1.15%.

Wellington Management Co. LLP. held 20,612,264 shares on 12/31/2012 worth $1,219,627,623. This brought the portfolio total to 0.08%.

FMR LLC. held 19,402,063 shares on 12/31/2012 worth $1,148,020,032. This brought the portfolio total to 0.21%.

Blackrock Institutional Trust Company N.A. held 17,383,931 shares on 12/31/2012 worth $1,028,607,165. This brought the portfolio total to 0.24%.

J.PMorgan Chase & Co. held 15,715,663 shares on 12/31/2012 worth $929,895,751. This brought the portfolio total to 0.32%.

Barrow Hanley Mewhinney & Strauss LLC. held 12,781,660 shares on 12/31/2012 worth $756,290,799. This brought the portfolio total to 1.52%.

Bank of new york mellon corp held 11,234,301 shares on 12/31/2012 worth $664,733,570. This brought the portfolio total to 0.24%.

Grantham Mayo Van Otterloo & Co. LLC. held 10,761,402 shares on 12/31/2012 worth $636,752,137. This brought the portfolio total to 1.89%.

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