The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 89.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,291 shares of the apparel and home fashions retailer’s stock after selling 11,022 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in TJX Companies were worth $156,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Trivant Custom Portfolio Group LLC acquired a new stake in TJX Companies during the 4th quarter worth approximately $26,000. Capital Performance Advisors LLP purchased a new stake in shares of TJX Companies during the third quarter worth $29,000. Truvestments Capital LLC acquired a new stake in shares of TJX Companies in the third quarter valued at $29,000. Copeland Capital Management LLC purchased a new position in TJX Companies in the third quarter valued at $30,000. Finally, Legacy Investment Solutions LLC acquired a new position in TJX Companies during the 3rd quarter worth $30,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.0 %

Shares of NYSE TJX opened at $122.61 on Friday. The business has a 50-day moving average price of $122.84 and a 200 day moving average price of $117.86. The stock has a market cap of $137.83 billion, a PE ratio of 28.85, a price-to-earnings-growth ratio of 3.00 and a beta of 0.91. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00.

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, beating the consensus estimate of $1.09 by $0.05. The business had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company’s revenue was up 6.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.03 earnings per share. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a $0.375 dividend. The ex-dividend date 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 is presently 35.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on TJX shares. Evercore ISI increased their price target on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. TD Cowen lifted their price target on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Robert W. Baird increased their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Finally, Guggenheim lifted their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $131.67.

TJX Companies 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.