Citizens National Bank Trust Department Sells 2,730 Shares of The TJX Companies, Inc. (NYSE:TJX)

Citizens National Bank Trust Department decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 39.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,146 shares of the apparel and home fashions retailer's stock after selling 2,730 shares during the quarter. Citizens National Bank Trust Department's holdings in TJX Companies were worth $501,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Bogart Wealth LLC acquired a new position in shares of TJX Companies during the fourth quarter valued at $25,000. Trivant Custom Portfolio Group LLC acquired a new stake in shares of TJX Companies in the 4th quarter worth approximately $26,000. Capital Performance Advisors LLP bought a new position in shares of TJX Companies in the third quarter valued at approximately $29,000. Truvestments Capital LLC acquired a new position in shares of TJX Companies during the third quarter valued at approximately $29,000. Finally, Copeland Capital Management LLC bought a new stake in TJX Companies during the third quarter worth approximately $30,000. Institutional investors own 91.09% of the company's stock.

TJX Companies Stock Performance

TJX stock traded down $1.90 during midday trading on Friday, hitting $121.08. 5,692,049 shares of the company traded hands, compared to its average volume of 4,322,778. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00. The stock has a market capitalization of $136.11 billion, a price-to-earnings ratio of 28.49, a price-to-earnings-growth ratio of 2.76 and a beta of 0.91. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The business has a 50 day simple moving average of $122.93 and a 200-day simple moving average of $119.40.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.09 by $0.05. The business had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. TJX Companies's revenue was up 6.0% compared to the same quarter last year. During the same period last year, the business posted $1.03 EPS. As a group, equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies's dividend payout ratio (DPR) is 35.29%.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of research reports. Jefferies Financial Group increased their price target on TJX Companies from $140.00 to $145.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $145.00 target price on shares of TJX Companies in a report on Wednesday. Robert W. Baird raised their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the company an "outperform" rating in a research report on Thursday, December 5th. UBS Group lifted their price target on TJX Companies from $148.00 to $151.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Finally, Morgan Stanley upped their price objective on shares of TJX Companies from $130.00 to $135.00 and gave the company an "overweight" rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, TJX Companies currently has an average rating of "Moderate Buy" and a consensus price target of $134.18.

TJX Companies Company Profile

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.