Cantor Fitzgerald Investment Advisors L.P. Has $2.08 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

Cantor Fitzgerald Investment Advisors L.P. reduced its holdings in The TJX Companies, Inc. (NYSE:TJX) by 6.4% in the 4th quarter, Holdings Channel reports. The fund owned 17,231 shares of the apparel and home fashions retailer’s stock after selling 1,175 shares during the quarter. Cantor Fitzgerald Investment Advisors L.P.’s holdings in TJX Companies were worth $2,082,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TJX. Hartford Funds Management Co LLC lifted its stake in TJX Companies by 0.5% in the 3rd quarter. Hartford Funds Management Co LLC now owns 17,926 shares of the apparel and home fashions retailer’s stock valued at $2,107,000 after acquiring an additional 86 shares in the last quarter. Stablepoint Partners LLC boosted its holdings in TJX Companies by 0.3% during the third quarter. Stablepoint Partners LLC now owns 26,922 shares of the apparel and home fashions retailer’s stock worth $3,164,000 after purchasing an additional 89 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in TJX Companies by 3.4% in the third quarter. Signature Estate & Investment Advisors LLC now owns 2,706 shares of the apparel and home fashions retailer’s stock valued at $318,000 after purchasing an additional 90 shares in the last quarter. Hamilton Capital LLC lifted its position in TJX Companies by 3.9% during the 3rd quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer’s stock worth $273,000 after buying an additional 90 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its stake in shares of TJX Companies by 3.8% during the 3rd quarter. Sound Income Strategies LLC now owns 2,507 shares of the apparel and home fashions retailer’s stock worth $295,000 after buying an additional 91 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Trading Down 1.2 %

Shares of NYSE TJX opened at $124.64 on Friday. The firm has a 50 day moving average price of $123.27 and a two-hundred day moving average price of $118.59. 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 $140.11 billion, a P/E ratio of 29.33, a price-to-earnings-growth 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 announced its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating the consensus estimate of $1.09 by $0.05. The business 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 revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.03 earnings per share. As a group, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

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. This represents a $1.50 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio is presently 35.29%.

Analysts Set New Price Targets

TJX has been the topic of several recent analyst reports. Evercore ISI boosted their price target on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Guggenheim raised their target price on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. UBS Group boosted their price target on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Finally, Jefferies Financial Group raised their price objective on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Two investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $133.53.

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.