The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 8.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,189 shares of the apparel and home fashions retailer's stock after selling 5,925 shares during the quarter. Coldstream Capital Management Inc.'s holdings in TJX Companies were worth $7,200,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Richard W. Paul & Associates LLC purchased a new stake in TJX Companies during the second quarter valued at approximately $25,000. Capital Performance Advisors LLP acquired a new position in shares of TJX Companies during the third quarter worth $29,000. Truvestments Capital LLC purchased a new stake in shares of TJX Companies during the 3rd quarter valued at $29,000. Copeland Capital Management LLC acquired a new stake in shares of TJX Companies in the 3rd quarter worth $30,000. Finally, Legacy Investment Solutions LLC purchased a new position in TJX Companies during the 3rd quarter worth $30,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. UBS Group raised their price target on TJX Companies from $134.00 to $148.00 and gave the stock a "buy" rating in a report on Thursday, August 22nd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of TJX Companies from $130.00 to $131.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. BMO Capital Markets raised their price target on shares of TJX Companies from $116.00 to $133.00 and gave the stock an "outperform" rating in a report on Thursday, August 22nd. Telsey Advisory Group reiterated an "outperform" rating and set a $134.00 price objective on shares of TJX Companies in a research note on Friday. Finally, Evercore ISI upped their target price on TJX Companies from $138.00 to $142.00 and gave the company an "outperform" rating in a research report on Thursday, November 21st. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to MarketBeat.com, TJX Companies presently has an average rating of "Moderate Buy" and a consensus price target of $130.89.

TJX Companies Stock Performance

NYSE:TJX traded up $1.30 during trading hours on Tuesday, reaching $127.20. The company had a trading volume of 5,997,236 shares, compared to its average volume of 5,244,579. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The TJX Companies, Inc. has a 1-year low of $88.58 and a 1-year high of $128.00. The business's 50 day moving average price is $118.26 and its 200-day moving average price is $114.58. The firm has a market cap of $142.99 billion, a PE ratio of 29.93, a price-to-earnings-growth ratio of 3.10 and a beta of 0.90.

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 the consensus estimate of $1.09 by $0.05. The firm had revenue of $14.06 billion during the quarter, compared to analysts' expectations of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business's revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.03 EPS. Research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.18%. TJX Companies's dividend payout ratio is currently 35.29%.

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.