Northstar Advisory Group LLC Sells 2,132 Shares of The TJX Companies, Inc. (NYSE:TJX)

Northstar Advisory Group LLC lessened its position in The TJX Companies, Inc. (NYSE:TJX) by 17.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,179 shares of the apparel and home fashions retailer’s stock after selling 2,132 shares during the quarter. Northstar Advisory Group LLC’s holdings in TJX Companies were worth $1,230,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Ameriprise Financial Inc. lifted its position in shares of TJX Companies by 33.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 12,241,176 shares of the apparel and home fashions retailer’s stock worth $1,347,934,000 after purchasing an additional 3,063,318 shares during the last quarter. Capital Wealth Planning LLC acquired a new position in shares of TJX Companies during the second quarter worth approximately $315,698,000. International Assets Investment Management LLC lifted its holdings in shares of TJX Companies by 13,309.4% during the third quarter. International Assets Investment Management LLC now owns 1,191,155 shares of the apparel and home fashions retailer’s stock worth $140,008,000 after buying an additional 1,182,272 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its position in shares of TJX Companies by 161.3% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer’s stock valued at $210,003,000 after acquiring an additional 1,102,912 shares during the period. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of TJX Companies by 281.6% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,235,037 shares of the apparel and home fashions retailer’s stock worth $145,166,000 after acquiring an additional 911,351 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Evercore ISI increased their price target on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft boosted their price target on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Jefferies Financial Group boosted their price objective on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Wells Fargo & Company boosted their price target on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday. Finally, UBS Group upped their target price on shares of TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $131.33.

TJX Companies Trading Down 0.1 %

TJX traded down $0.10 during mid-day trading on Monday, reaching $119.96. The stock had a trading volume of 4,603,192 shares, compared to its average volume of 4,506,628. The firm’s fifty day simple moving average is $122.06 and its two-hundred day simple moving average is $117.21. The stock has a market capitalization of $134.85 billion, a P/E ratio of 28.23, a P/E/G ratio of 3.07 and a beta of 0.91. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 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.

TJX Companies (NYSE:TJX) last released 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. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $13.95 billion. During the same period in the prior year, the company posted $1.03 EPS. The company’s revenue was up 6.0% compared to the same quarter last year. On average, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced 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 1.25%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is currently 35.29%.

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.