Hantz Financial Services Inc. Has $13.42 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

Hantz Financial Services Inc. decreased its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 4.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,197 shares of the apparel and home fashions retailer's stock after selling 5,317 shares during the period. Hantz Financial Services Inc.'s holdings in TJX Companies were worth $13,423,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TJX. Cetera Investment Advisers increased its position in TJX Companies by 232.7% in the 1st quarter. Cetera Investment Advisers now owns 239,766 shares of the apparel and home fashions retailer's stock worth $24,317,000 after purchasing an additional 167,703 shares during the last quarter. Cetera Advisors LLC increased its holdings in TJX Companies by 33.2% in the first quarter. Cetera Advisors LLC now owns 86,909 shares of the apparel and home fashions retailer's stock worth $8,814,000 after buying an additional 21,667 shares during the last quarter. Pathway Financial Advisers LLC bought a new position in TJX Companies during the first quarter valued at approximately $172,000. Westwood Holdings Group Inc. lifted its stake in TJX Companies by 58.3% in the first quarter. Westwood Holdings Group Inc. now owns 208,388 shares of the apparel and home fashions retailer's stock valued at $21,135,000 after acquiring an additional 76,744 shares during the last quarter. Finally, Railway Pension Investments Ltd grew its position in TJX Companies by 0.9% in the first quarter. Railway Pension Investments Ltd now owns 358,600 shares of the apparel and home fashions retailer's stock worth $36,369,000 after acquiring an additional 3,300 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

TJX stock traded down $0.67 during trading on Friday, reaching $125.69. 2,846,727 shares of the stock were exchanged, compared to its average volume of 5,252,924. The stock has a 50 day simple moving average of $117.29 and a 200-day simple moving average of $113.26. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $141.76 billion, a P/E ratio of 29.57, a price-to-earnings-growth ratio of 3.11 and a beta of 0.89. The TJX Companies, Inc. has a twelve month low of $87.44 and a twelve month high of $128.00.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings data 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 analysts' expectations of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. TJX Companies's quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.03 earnings per share. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies's dividend payout ratio is 35.29%.

Insider Transactions at TJX Companies

In related news, CEO Ernie Herrman sold 15,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the completion of the transaction, the chief executive officer now owns 536,148 shares in the company, valued at $63,018,835.92. This trade represents a 2.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on TJX. Bank of America lifted their price objective on shares of TJX Companies from $115.00 to $135.00 and gave the company a "buy" rating in a research note on Thursday, August 22nd. Deutsche Bank Aktiengesellschaft upped their price target on TJX Companies from $130.00 to $131.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. StockNews.com lowered TJX Companies from a "buy" rating to a "hold" rating in a report on Friday, November 22nd. Morgan Stanley boosted their target price on TJX Companies from $122.00 to $129.00 and gave the stock an "overweight" rating in a report on Thursday, August 22nd. Finally, TD Cowen increased their price target on TJX Companies from $130.00 to $132.00 and gave the company a "buy" rating in a report on Friday, November 22nd. Four analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $129.47.

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.