The TJX Companies, Inc. (NYSE:TJX) Stock Holdings Lessened by Delta Financial Advisors LLC

Delta Financial Advisors LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.1% in the fourth quarter, HoldingsChannel reports. The firm owned 61,400 shares of the apparel and home fashions retailer’s stock after selling 90 shares during the quarter. TJX Companies makes up approximately 2.8% of Delta Financial Advisors LLC’s holdings, making the stock its 7th biggest holding. Delta Financial Advisors LLC’s holdings in TJX Companies were worth $7,418,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bogart Wealth LLC purchased a new stake in shares of TJX Companies during the fourth quarter worth about $25,000. Trivant Custom Portfolio Group LLC acquired a new stake in TJX Companies during the fourth quarter worth approximately $26,000. Capital Performance Advisors LLP purchased a new stake in TJX Companies in the 3rd quarter worth approximately $29,000. Legacy Investment Solutions LLC acquired a new position in TJX Companies in the 3rd quarter valued at $30,000. Finally, Truvestments Capital LLC purchased a new position in shares of TJX Companies during the 3rd quarter worth $29,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Up 0.2 %

Shares of NYSE TJX opened at $121.35 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The stock’s 50-day simple moving average is $122.81 and its 200-day simple moving average is $119.72. The firm has a market cap of $136.42 billion, a price-to-earnings ratio of 28.55, a PEG ratio of 2.75 and a beta of 0.91.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s payout ratio is 35.29%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. 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. Deutsche Bank Aktiengesellschaft boosted their target price on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Morgan Stanley lifted their price target on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Guggenheim lifted their target price on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, Wells Fargo & Company raised their price target on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Two analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat.com, TJX Companies presently has a consensus rating of “Moderate Buy” and an average price target of $134.18.

About TJX Companies

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.