Goldstein Advisors LLC Sells 112 Shares of The TJX Companies, Inc. (NYSE:TJX)

Goldstein Advisors LLC reduced its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,065 shares of the apparel and home fashions retailer’s stock after selling 112 shares during the quarter. Goldstein Advisors LLC’s holdings in TJX Companies were worth $249,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Trivant Custom Portfolio Group LLC bought a new position in TJX Companies in the 4th quarter worth $26,000. Capital Performance Advisors LLP bought a new position in shares of TJX Companies in the 3rd quarter worth about $29,000. Legacy Investment Solutions LLC bought a new position in shares of TJX Companies in the 3rd quarter worth about $30,000. Truvestments Capital LLC bought a new position in shares of TJX Companies in the 3rd quarter worth about $29,000. Finally, Copeland Capital Management LLC bought a new position in shares of TJX Companies in the 3rd quarter worth about $30,000. 91.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on TJX shares. Wells Fargo & Company increased their price target 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. Jefferies Financial Group increased their price target on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Evercore ISI increased their price target on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Morgan Stanley increased their price objective on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Guggenheim increased their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, TJX Companies currently has an average rating of “Moderate Buy” and a consensus price target of $131.67.

TJX Companies Stock Performance

TJX opened at $122.56 on Thursday. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The company has a market cap of $137.77 billion, a price-to-earnings ratio of 28.84, a PEG ratio of 3.02 and a beta of 0.91. The company’s 50 day moving average is $122.73 and its 200 day moving average is $117.75. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping 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 company had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $13.95 billion. During the same quarter last year, the business earned $1.03 EPS. The firm’s revenue was up 6.0% compared to the same quarter last year. On average, equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Thursday, February 13th. TJX Companies’s payout ratio is 35.29%.

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.