The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC lessened its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 36.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,178 shares of the apparel and home fashions retailer's stock after selling 2,348 shares during the quarter. Patriot Financial Group Insurance Agency LLC's holdings in TJX Companies were worth $505,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Hartford Funds Management Co LLC lifted its holdings in shares of TJX Companies by 0.5% during the 3rd quarter. Hartford Funds Management Co LLC now owns 17,926 shares of the apparel and home fashions retailer's stock valued at $2,107,000 after purchasing an additional 86 shares during the last quarter. Stablepoint Partners LLC increased its position in TJX Companies by 0.3% during the 3rd quarter. Stablepoint Partners LLC now owns 26,922 shares of the apparel and home fashions retailer's stock valued at $3,164,000 after buying an additional 89 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its stake in TJX Companies by 3.4% in the third quarter. Signature Estate & Investment Advisors LLC now owns 2,706 shares of the apparel and home fashions retailer's stock valued at $318,000 after buying an additional 90 shares during the last quarter. Hamilton Capital LLC boosted its holdings in TJX Companies by 3.9% in the third quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer's stock worth $273,000 after acquiring an additional 90 shares in the last quarter. Finally, Sound Income Strategies LLC grew its stake in shares of TJX Companies by 3.8% during the third quarter. Sound Income Strategies LLC now owns 2,507 shares of the apparel and home fashions retailer's stock worth $295,000 after acquiring an additional 91 shares during the last quarter. Institutional investors own 91.09% of the company's stock.

TJX Companies Trading Up 1.5 %

Shares of NYSE TJX traded up $1.88 during trading on Thursday, reaching $126.09. The stock had a trading volume of 4,332,597 shares, compared to its average volume of 4,414,303. The business's 50-day moving average price is $123.13 and its 200-day moving average price is $118.13. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The company has a market cap of $141.74 billion, a P/E ratio of 29.67, a PEG ratio of 3.00 and a beta of 0.91.

TJX Companies (NYSE:TJX - Get Free Report) last released its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping the consensus estimate of $1.09 by $0.05. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm had revenue of $14.06 billion during the quarter, compared to analysts' expectations of $13.95 billion. During the same period in the previous year, the firm posted $1.03 EPS. TJX Companies's revenue for the quarter was up 6.0% on a year-over-year basis. On average, equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a yield of 1.19%. TJX Companies's dividend payout ratio is currently 35.29%.

Analyst Ratings Changes

Several analysts have weighed in on TJX shares. UBS Group boosted their price target on TJX Companies from $148.00 to $151.00 and gave the company a "buy" rating in a research note on Friday, January 10th. Robert W. Baird increased their price target on shares of TJX Companies from $133.00 to $138.00 and gave the stock an "outperform" rating in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the company a "buy" rating in a report on Thursday, November 21st. StockNews.com raised shares of TJX Companies from a "hold" rating to a "buy" rating in a report on Saturday, November 30th. Finally, TD Cowen increased their price target on TJX Companies from $130.00 to $132.00 and gave the stock a "buy" rating in a research report on Friday, November 22nd. Three research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, TJX Companies has an average rating of "Moderate Buy" and a consensus target price of $131.67.

TJX Companies 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.