Duncker Streett & Co. Inc. decreased its holdings in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,470 shares of the apparel and home fashions retailer’s stock after selling 315 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in TJX Companies were worth $3,439,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of TJX. Capital Wealth Planning LLC increased its holdings in TJX Companies by 39.1% in the fourth quarter. Capital Wealth Planning LLC now owns 3,658,245 shares of the apparel and home fashions retailer’s stock valued at $441,953,000 after buying an additional 1,027,456 shares during the last quarter. Richard W. Paul & Associates LLC increased its holdings in TJX Companies by 476.6% in the fourth quarter. Richard W. Paul & Associates LLC now owns 2,243 shares of the apparel and home fashions retailer’s stock valued at $271,000 after buying an additional 1,854 shares during the last quarter. West Michigan Advisors LLC increased its holdings in TJX Companies by 13.7% in the fourth quarter. West Michigan Advisors LLC now owns 4,482 shares of the apparel and home fashions retailer’s stock valued at $541,000 after buying an additional 539 shares during the last quarter. Williamson Legacy Group LLC bought a new stake in TJX Companies in the fourth quarter valued at about $438,000. Finally, Fisher Asset Management LLC increased its holdings in TJX Companies by 25.8% in the fourth quarter. Fisher Asset Management LLC now owns 8,481 shares of the apparel and home fashions retailer’s stock valued at $1,025,000 after buying an additional 1,738 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.
Insider Buying and Selling at TJX Companies
In other news, Director Alan M. Bennett sold 8,000 shares of the company’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total value of $988,240.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.13% of the company’s stock.
TJX Companies Price Performance
TJX Companies (NYSE:TJX – Get Free Report) last announced its earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.07. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company had revenue of $16.35 billion for the quarter, compared to the consensus estimate of $16.24 billion. As a group, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.
TJX Companies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is currently 35.29%.
Analyst Ratings Changes
Several brokerages recently weighed in on TJX. Barclays boosted their price objective on TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday. TD Cowen upped their target price on TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $145.00 target price on shares of TJX Companies in a report on Thursday. Evercore ISI upped their target price on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Finally, Robert W. Baird boosted their price objective on TJX Companies from $138.00 to $140.00 and gave the stock an “outperform” rating in a research report on Thursday. Three analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $135.06.
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.
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