The TJX Companies, Inc. (NYSE:TJX) Shares Sold by V Square Quantitative Management LLC

V Square Quantitative Management LLC trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,350 shares of the apparel and home fashions retailer’s stock after selling 126 shares during the quarter. V Square Quantitative Management LLC’s holdings in TJX Companies were worth $1,734,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of TJX. Creative Planning lifted its holdings in TJX Companies by 5.5% in the 3rd quarter. Creative Planning now owns 323,654 shares of the apparel and home fashions retailer’s stock valued at $38,042,000 after acquiring an additional 16,883 shares during the last quarter. Sumitomo Life Insurance Co. lifted its holdings in TJX Companies by 2.5% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 16,767 shares of the apparel and home fashions retailer’s stock valued at $1,971,000 after acquiring an additional 401 shares during the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its holdings in TJX Companies by 19.5% in the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 27,932 shares of the apparel and home fashions retailer’s stock valued at $3,283,000 after acquiring an additional 4,557 shares during the last quarter. B.O.S.S. Retirement Advisors LLC lifted its holdings in TJX Companies by 14.4% in the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 37,197 shares of the apparel and home fashions retailer’s stock valued at $4,372,000 after acquiring an additional 4,686 shares during the last quarter. Finally, SPC Financial Inc. lifted its holdings in TJX Companies by 34.4% in the 3rd quarter. SPC Financial Inc. now owns 3,608 shares of the apparel and home fashions retailer’s stock valued at $424,000 after acquiring an additional 923 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on the company. Robert W. Baird boosted their price objective on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Evercore ISI boosted their price objective on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. TD Cowen boosted their price objective on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. UBS Group boosted their price objective on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Jefferies Financial Group boosted their price objective on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Two equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $133.53.

TJX Companies Trading Up 1.2 %

NYSE:TJX opened at $125.88 on Friday. The stock’s 50 day moving average price is $123.20 and its 200 day moving average price is $118.98. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00. The company has a market capitalization of $141.50 billion, a P/E ratio of 29.62, a P/E/G ratio of 2.82 and a beta of 0.91. 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 quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $13.95 billion. During the same quarter in the prior year, the company posted $1.03 earnings per share. The firm’s revenue was up 6.0% on a year-over-year basis. On average, research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be issued a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.19%. 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.