Avior Wealth Management LLC Sells 550 Shares of The TJX Companies, Inc. (NYSE:TJX)

Avior Wealth Management LLC reduced its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,697 shares of the apparel and home fashions retailer’s stock after selling 550 shares during the quarter. Avior Wealth Management LLC’s holdings in TJX Companies were worth $1,655,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TJX. Trivant Custom Portfolio Group LLC bought a new stake in shares of TJX Companies in the 4th quarter valued at about $26,000. Capital Performance Advisors LLP acquired a new position in TJX Companies during the third quarter worth approximately $29,000. Truvestments Capital LLC acquired a new position in TJX Companies during the third quarter worth approximately $29,000. Copeland Capital Management LLC bought a new stake in TJX Companies in the third quarter valued at approximately $30,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies in the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE:TJX opened at $122.75 on Friday. 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 fifty-two week low of $92.35 and a fifty-two week high of $128.00. The company has a market cap of $137.99 billion, a price-to-earnings ratio of 28.88, a PEG ratio of 3.00 and a beta of 0.91. The stock has a fifty day moving average price of $122.73 and a 200-day moving average price of $117.75.

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 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 business had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. During the same quarter in the prior year, the business posted $1.03 earnings per share. TJX Companies’s revenue was up 6.0% compared to the same quarter last year. As a group, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be paid 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 yield of 1.22%. TJX Companies’s dividend payout ratio (DPR) is 35.29%.

Analyst Ratings Changes

A number of research firms recently weighed in on TJX. Jefferies Financial Group boosted their target price on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Morgan Stanley upped their price objective on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday. Robert W. Baird raised their target price on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. TD Cowen lifted their target price on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Finally, UBS Group increased their price target on shares of TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Three investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat, TJX Companies has a consensus rating of “Moderate Buy” and an average target price of $131.67.

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.