The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Buckhead Capital Management LLC

Buckhead Capital Management LLC lessened its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,910 shares of the apparel and home fashions retailer’s stock after selling 175 shares during the quarter. Buckhead Capital Management LLC’s holdings in TJX Companies were worth $835,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Trivant Custom Portfolio Group LLC purchased a new stake in shares of TJX Companies during the 4th quarter worth about $26,000. Capital Performance Advisors LLP acquired a new position in TJX Companies in the 3rd quarter worth about $29,000. Truvestments Capital LLC purchased a new position in TJX Companies during the third quarter worth approximately $29,000. Copeland Capital Management LLC acquired a new stake in TJX Companies in the third quarter valued at approximately $30,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies in the third quarter valued at approximately $30,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Robert W. Baird increased their target price on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $134.00 price objective on shares of TJX Companies in a report on Friday, December 6th. Wells Fargo & Company boosted their target price on shares of TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday, January 10th. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Finally, Guggenheim lifted their price objective on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Two investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, TJX Companies presently has a consensus rating of “Moderate Buy” and a consensus target price of $133.53.

TJX Companies Stock Up 1.2 %

Shares of NYSE:TJX opened at $125.88 on Friday. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The stock has a market cap of $141.50 billion, a P/E ratio of 29.62, a PEG ratio of 2.82 and a beta of 0.91. The business has a fifty day moving average of $123.20 and a two-hundred day moving average of $118.98. 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 announced 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. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The firm had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. During the same quarter in the prior year, the firm posted $1.03 earnings per share. TJX Companies’s quarterly revenue was up 6.0% on a year-over-year basis. On average, research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Thursday, February 13th. TJX Companies’s payout ratio is presently 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.