The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Wealth Advisory Solutions LLC

Wealth Advisory Solutions LLC decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 47,606 shares of the apparel and home fashions retailer’s stock after selling 91 shares during the quarter. TJX Companies comprises 1.6% of Wealth Advisory Solutions LLC’s portfolio, making the stock its 14th largest position. Wealth Advisory Solutions LLC’s holdings in TJX Companies were worth $5,751,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of TJX. Bogart Wealth LLC purchased a new stake in shares of TJX Companies during the 4th quarter valued at $25,000. Trivant Custom Portfolio Group LLC acquired a new position in TJX Companies in the fourth quarter valued at $26,000. Capital Performance Advisors LLP purchased a new stake in TJX Companies during the third quarter valued at about $29,000. Truvestments Capital LLC acquired a new stake in TJX Companies during the third quarter worth about $29,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of TJX Companies in the 3rd quarter worth about $30,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 1.6 %

Shares of TJX Companies stock opened at $121.60 on Wednesday. The business has a 50-day moving average price of $122.97 and a 200 day moving average price of $120.25. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The firm has a market cap of $136.70 billion, a P/E ratio of 28.61, a P/E/G ratio of 2.75 and a beta of 0.91. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The business had revenue of $16.35 billion during the quarter, compared to the consensus estimate of $16.24 billion. On average, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is presently 35.21%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TJX shares. TD Cowen boosted their target price on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. BMO Capital Markets boosted their price objective on shares of TJX Companies from $133.00 to $145.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. Barclays raised their target price on shares of TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a research note on Thursday, February 27th. StockNews.com cut shares of TJX Companies from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, TJX Companies has an average rating of “Moderate Buy” and a consensus price target of $135.06.

Insider Activity

In other TJX Companies news, Director Alan M. Bennett sold 8,000 shares of the firm’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $123.53, for a total value of $988,240.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.13% of the company’s stock.

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.