The TJX Companies, Inc. (NYSE:TJX) Position Lowered by SJS Investment Consulting Inc.

SJS Investment Consulting Inc. reduced its position in The TJX Companies, Inc. (NYSE:TJX) by 22.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 449 shares of the apparel and home fashions retailer’s stock after selling 131 shares during the quarter. SJS Investment Consulting Inc.’s holdings in TJX Companies were worth $54,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of TJX. Linden Thomas Advisory Services LLC increased its holdings in shares of TJX Companies by 26.8% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 12,394 shares of the apparel and home fashions retailer’s stock valued at $1,497,000 after acquiring an additional 2,617 shares during the last quarter. Cyndeo Wealth Partners LLC boosted its holdings in TJX Companies by 27.8% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 109,967 shares of the apparel and home fashions retailer’s stock worth $13,285,000 after purchasing an additional 23,894 shares during the period. Geneos Wealth Management Inc. bought a new stake in TJX Companies during the fourth quarter valued at $698,000. Cottonwood Capital Advisors LLC acquired a new stake in shares of TJX Companies during the fourth quarter worth $227,000. Finally, Exchange Traded Concepts LLC lifted its position in shares of TJX Companies by 2.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 23,147 shares of the apparel and home fashions retailer’s stock worth $2,796,000 after buying an additional 530 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Up 0.0 %

TJX stock opened at $122.61 on Friday. The firm’s 50-day moving average is $122.84 and its two-hundred day moving average is $117.86. The company has a market capitalization of $137.83 billion, a price-to-earnings ratio of 28.85, a price-to-earnings-growth ratio of 3.00 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 current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last announced 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. The firm 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%. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.03 earnings per share. On average, analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be paid a dividend of $0.375 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a yield of 1.22%. TJX Companies’s dividend payout ratio is currently 35.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Robert W. Baird boosted their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. UBS Group upped their target price on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Wells Fargo & Company increased their price target on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Evercore ISI boosted their price objective on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Finally, Morgan Stanley increased their target price on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.