Banco Bilbao Vizcaya Argentaria S.A. Sells 33,719 Shares of The TJX Companies, Inc. (NYSE:TJX)

Banco Bilbao Vizcaya Argentaria S.A. cut its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 12.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 238,377 shares of the apparel and home fashions retailer's stock after selling 33,719 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in TJX Companies were worth $28,821,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bogart Wealth LLC bought a new position in shares of TJX Companies during the fourth quarter worth about $25,000. Trivant Custom Portfolio Group LLC bought a new stake in TJX Companies during the 4th quarter valued at $26,000. SOA Wealth Advisors LLC. acquired a new position in TJX Companies during the 4th quarter worth $30,000. Millstone Evans Group LLC acquired a new position in TJX Companies during the 4th quarter worth $30,000. Finally, Promus Capital LLC bought a new position in shares of TJX Companies in the fourth quarter worth $32,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on TJX shares. Citigroup raised shares of TJX Companies from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $128.00 to $140.00 in a report on Thursday, April 3rd. Wells Fargo & Company increased their price objective on shares of TJX Companies from $115.00 to $120.00 and gave the company an "equal weight" rating in a report on Friday, January 10th. BMO Capital Markets upped their target price on TJX Companies from $133.00 to $145.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. Robert W. Baird lifted their price target on TJX Companies from $138.00 to $140.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Finally, UBS Group upped their price objective on TJX Companies from $148.00 to $151.00 and gave the company a "buy" rating in a report on Friday, January 10th. One investment analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $137.38.

TJX Companies Stock Down 0.0 %

TJX Companies stock traded down $0.02 during mid-day trading on Tuesday, hitting $127.11. The company's stock had a trading volume of 1,147,992 shares, compared to its average volume of 5,349,861. The firm's 50 day moving average is $122.02 and its 200 day moving average is $121.60. The TJX Companies, Inc. has a 52-week low of $93.39 and a 52-week high of $131.30. The company has a market cap of $142.00 billion, a PE ratio of 29.86, a price-to-earnings-growth ratio of 2.75 and a beta of 0.86. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.07. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company had revenue of $16.35 billion during the quarter, compared to the consensus estimate of $16.24 billion. On average, analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be given a $0.425 dividend. This is a positive change from TJX Companies's previous quarterly dividend of $0.38. The ex-dividend date is Thursday, May 15th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.34%. TJX Companies's dividend payout ratio (DPR) is currently 39.91%.

Insider Buying and Selling

In related news, CEO Ernie Herrman sold 23,428 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the transaction, the chief executive officer now owns 484,189 shares of the company's stock, valued at approximately $59,569,772.67. The trade was a 4.62 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of the company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total value of $988,240.00. The disclosure for this sale can be found here. 0.13% of the stock is owned by insiders.

About TJX Companies

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.