The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Nicolet Bankshares Inc.

Nicolet Bankshares Inc. trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJXFree Report) by 26.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,863 shares of the apparel and home fashions retailer’s stock after selling 5,048 shares during the period. Nicolet Bankshares Inc.’s holdings in TJX Companies were worth $1,232,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fairfield Bush & CO. acquired a new stake in shares of TJX Companies during the first quarter valued at approximately $68,000. United Bank increased its position in TJX Companies by 9.2% in the 1st quarter. United Bank now owns 15,197 shares of the apparel and home fashions retailer’s stock valued at $921,000 after acquiring an additional 1,284 shares in the last quarter. AMI Investment Management Inc. acquired a new position in TJX Companies during the first quarter valued at approximately $2,780,000. Cetera Investment Advisers raised its position in shares of TJX Companies by 69.0% during the first quarter. Cetera Investment Advisers now owns 38,304 shares of the apparel and home fashions retailer’s stock worth $2,320,000 after purchasing an additional 15,644 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its holdings in TJX Companies by 10.0% during the first quarter. Sequoia Financial Advisors LLC now owns 4,396 shares of the apparel and home fashions retailer’s stock worth $266,000 after purchasing an additional 398 shares during the last quarter. 89.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 17,000 shares of TJX Companies stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $89.06, for a total transaction of $1,514,020.00. Following the sale, the chief executive officer now owns 576,105 shares in the company, valued at $51,307,911.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is currently owned by insiders.

TJX Companies Stock Down 0.7 %

TJX Companies stock traded down $0.71 during trading on Monday, reaching $98.04. The stock had a trading volume of 1,864,896 shares, compared to its average volume of 4,389,197. The company has a quick ratio of 0.47, a current ratio of 1.19 and a debt-to-equity ratio of 0.42. The TJX Companies, Inc. has a 52-week low of $72.92 and a 52-week high of $99.45. The business has a 50 day moving average price of $93.45 and a 200 day moving average price of $90.73. The stock has a market cap of $111.73 billion, a PE ratio of 27.77, a P/E/G ratio of 2.13 and a beta of 0.86.

TJX Companies (NYSE:TJXGet Free Report) last announced its quarterly earnings results on Wednesday, November 15th. The apparel and home fashions retailer reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. The business had revenue of $13.27 billion during the quarter, compared to the consensus estimate of $13.09 billion. TJX Companies had a net margin of 7.85% and a return on equity of 62.67%. The business’s revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.86 EPS. On average, analysts predict that The TJX Companies, Inc. will post 3.76 EPS for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 7th. Stockholders of record on Thursday, February 15th will be issued a dividend of $0.3325 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.33 annualized dividend and a dividend yield of 1.36%. TJX Companies’s payout ratio is currently 37.68%.

Analysts Set New Price Targets

TJX has been the topic of a number of recent research reports. UBS Group raised their price target on shares of TJX Companies from $90.00 to $91.00 and gave the stock a “neutral” rating in a research report on Thursday, November 16th. Evercore ISI initiated coverage on shares of TJX Companies in a research report on Tuesday, November 7th. They set an “outperform” rating and a $105.00 price target for the company. Morgan Stanley raised their target price on shares of TJX Companies from $99.00 to $101.00 and gave the company an “overweight” rating in a research note on Thursday, November 16th. Telsey Advisory Group increased their target price on shares of TJX Companies from $100.00 to $105.00 and gave the stock an “outperform” rating in a report on Thursday, November 16th. Finally, Redburn Atlantic downgraded shares of TJX Companies from a “buy” rating to a “neutral” rating and set a $100.00 price target for the company. in a research report on Monday, February 5th. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $99.76.

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TJX Companies Company Profile

(Free Report)

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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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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