The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Mendota Financial Group LLC

Mendota Financial Group LLC lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 24.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 440 shares of the apparel and home fashions retailer’s stock after selling 142 shares during the quarter. Mendota Financial Group LLC’s holdings in TJX Companies were worth $53,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new position in shares of TJX Companies during the third quarter valued at $29,000. Legacy Investment Solutions LLC acquired a new position in TJX Companies during the 3rd quarter valued at about $30,000. Truvestments Capital LLC bought a new position in TJX Companies in the 3rd quarter worth about $29,000. Copeland Capital Management LLC acquired a new stake in shares of TJX Companies in the third quarter valued at approximately $30,000. Finally, Northwest Investment Counselors LLC bought a new stake in shares of TJX Companies during the third quarter valued at approximately $37,000. 91.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on TJX shares. TD Cowen increased their price objective on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $134.00 price target on shares of TJX Companies in a research note on Friday, December 6th. StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Finally, UBS Group increased their price target on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.33.

TJX Companies Trading Down 0.1 %

Shares of TJX stock opened at $119.96 on Tuesday. The firm has a market capitalization of $134.85 billion, a P/E ratio of 28.23, a price-to-earnings-growth ratio of 3.07 and a beta of 0.91. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The firm’s fifty day simple moving average is $122.21 and its 200 day simple moving average is $117.27. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $13.95 billion. During the same quarter in the previous year, the firm posted $1.03 EPS. The business’s revenue was up 6.0% compared to the same quarter last year. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.25%. TJX Companies’s dividend 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.