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

Los Angeles Capital Management LLC decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 77.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 416,559 shares of the apparel and home fashions retailer’s stock after selling 1,400,840 shares during the quarter. Los Angeles Capital Management LLC’s holdings in TJX Companies were worth $50,324,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of TJX. Amalgamated Bank grew its position in shares of TJX Companies by 0.4% during the fourth quarter. Amalgamated Bank now owns 250,053 shares of the apparel and home fashions retailer’s stock worth $30,209,000 after buying an additional 970 shares in the last quarter. FourThought Financial Partners LLC acquired a new stake in shares of TJX Companies during the fourth quarter worth approximately $778,000. Commonwealth Retirement Investments LLC grew its position in shares of TJX Companies by 5.3% during the fourth quarter. Commonwealth Retirement Investments LLC now owns 10,527 shares of the apparel and home fashions retailer’s stock worth $1,272,000 after buying an additional 527 shares in the last quarter. Hendley & Co. Inc. grew its position in shares of TJX Companies by 39.4% during the fourth quarter. Hendley & Co. Inc. now owns 3,695 shares of the apparel and home fashions retailer’s stock worth $446,000 after buying an additional 1,045 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co boosted its holdings in TJX Companies by 31.4% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 2,283 shares of the apparel and home fashions retailer’s stock worth $276,000 after purchasing an additional 545 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on TJX shares. Jefferies Financial Group lifted their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Evercore ISI lifted their price objective on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Wells Fargo & Company raised their target price on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $145.00 target price on shares of TJX Companies in a research note on Wednesday, February 19th. Two analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $134.18.

TJX Companies Price Performance

NYSE:TJX opened at $121.35 on Tuesday. The business’s 50-day moving average price is $122.81 and its 200 day moving average price is $119.72. The firm has a market cap of $136.42 billion, a P/E ratio of 28.55, a PEG ratio of 2.75 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 quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35.

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 issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s 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.