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

Leuthold Group LLC trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 54,853 shares of the apparel and home fashions retailer’s stock after selling 2,069 shares during the period. Leuthold Group LLC’s holdings in TJX Companies were worth $6,627,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. Howard Capital Management Group LLC boosted its stake in shares of TJX Companies by 42.9% during the 3rd quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock worth $27,208,000 after acquiring an additional 69,489 shares in the last quarter. Private Advisor Group LLC raised its holdings in TJX Companies by 3.2% during the third quarter. Private Advisor Group LLC now owns 92,404 shares of the apparel and home fashions retailer’s stock worth $10,861,000 after purchasing an additional 2,836 shares during the last quarter. McAdam LLC boosted its position in TJX Companies by 7.7% during the third quarter. McAdam LLC now owns 7,446 shares of the apparel and home fashions retailer’s stock worth $875,000 after purchasing an additional 530 shares in the last quarter. International Assets Investment Management LLC grew its stake in TJX Companies by 13,309.4% in the 3rd quarter. International Assets Investment Management LLC now owns 1,191,155 shares of the apparel and home fashions retailer’s stock valued at $140,008,000 after acquiring an additional 1,182,272 shares during the last quarter. Finally, Grimes & Company Inc. grew its position in shares of TJX Companies by 7.5% in the third quarter. Grimes & Company Inc. now owns 9,794 shares of the apparel and home fashions retailer’s stock valued at $1,151,000 after purchasing an additional 685 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on TJX shares. UBS Group upped their target price on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Jefferies Financial Group upped their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Telsey Advisory Group reissued an “outperform” rating and issued a $145.00 target price on shares of TJX Companies in a research report on Wednesday. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, Robert W. Baird increased their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Two equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $134.18.

TJX Companies Stock Down 1.5 %

TJX stock opened at $121.08 on Friday. The company has a 50 day moving average of $122.86 and a two-hundred day moving average of $119.48. The company has a market cap of $136.11 billion, a price-to-earnings ratio of 28.49, a PEG ratio of 2.75 and a beta of 0.91. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last announced 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 return on equity of 61.82% and a net margin of 8.63%. The business had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. During the same period last year, the company earned $1.03 earnings per share. TJX Companies’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.24%. TJX Companies’s dividend 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.