Berkshire Hathaway Adds $75M in Macy's, Inc. ($M)
Key Points
- Wall Street's consensus rating on $M is Hold and an average price target of $21.50.
- $M last traded around $24.83.
Berkshire Hathaway acquired a new position in Macy's, Inc. ($M), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,038,355 shares of Macy's, Inc.. Berkshire Hathaway's holdings in Macy's, Inc. were worth $75.46 million as of its most recent filing.
Macy's, Inc. ($M) Stock
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Macy's, Inc. Dividend
Analysts Set New Price Targets
About Macy's, Inc.
Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells various merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and Bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.
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