Aspiriant LLC Lowers Stake in The TJX Companies, Inc. (NYSE:TJX)

Aspiriant LLC lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 1.8% during the third quarter, Holdings Channel.com reports. The firm owned 25,374 shares of the apparel and home fashions retailer’s stock after selling 461 shares during the quarter. Aspiriant LLC’s holdings in TJX Companies were worth $2,982,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Richard W. Paul & Associates LLC purchased a new position in shares of TJX Companies in the 2nd quarter worth about $25,000. Valued Wealth Advisors LLC grew its holdings in shares of TJX Companies by 260.3% during the first quarter. Valued Wealth Advisors LLC now owns 245 shares of the apparel and home fashions retailer’s stock valued at $25,000 after buying an additional 177 shares during the last quarter. New Millennium Group LLC bought a new stake in shares of TJX Companies during the second quarter valued at approximately $34,000. OFI Invest Asset Management purchased a new position in TJX Companies in the 1st quarter worth approximately $30,000. Finally, AlphaMark Advisors LLC lifted its position in TJX Companies by 58.4% in the 1st quarter. AlphaMark Advisors LLC now owns 331 shares of the apparel and home fashions retailer’s stock valued at $34,000 after acquiring an additional 122 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Citigroup lowered TJX Companies from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $110.00 to $128.00 in a report on Thursday, August 22nd. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Sunday, September 15th. Loop Capital raised their price target on shares of TJX Companies from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Barclays lifted their price target on shares of TJX Companies from $114.00 to $136.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. Finally, UBS Group increased their price objective on shares of TJX Companies from $134.00 to $148.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat.com, TJX Companies has a consensus rating of “Moderate Buy” and a consensus price target of $126.76.

TJX Companies Trading Up 0.3 %

NYSE TJX traded up $0.35 on Friday, hitting $117.83. 675,608 shares of the stock were exchanged, compared to its average volume of 5,280,641. The stock has a fifty day moving average price of $116.26 and a two-hundred day moving average price of $108.48. The firm has a market capitalization of $132.90 billion, a P/E ratio of 28.38, a P/E/G ratio of 2.91 and a beta of 0.89. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21. The TJX Companies, Inc. has a 52-week low of $86.92 and a 52-week high of $121.13.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.04. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The business had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.31 billion. During the same quarter in the previous year, the business earned $0.85 earnings per share. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. Research analysts forecast that The TJX Companies, Inc. will post 4.15 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $1.50 annualized dividend and a dividend yield of 1.27%. TJX Companies’s payout ratio is currently 36.23%.

Insider Buying and Selling

In related news, CEO Ernie Herrman sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total value of $1,763,100.00. Following the completion of the transaction, the chief executive officer now owns 536,148 shares of the company’s stock, valued at $63,018,835.92. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.13% of the stock is owned by insiders.

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.