The TJX Companies, Inc. (NYSE:TJX) Shares Sold by WP Advisors LLC

WP Advisors LLC trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,053 shares of the apparel and home fashions retailer’s stock after selling 198 shares during the period. WP Advisors LLC’s holdings in TJX Companies were worth $359,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Richard W. Paul & Associates LLC purchased a new stake in shares of TJX Companies during the second quarter valued at approximately $25,000. Capital Performance Advisors LLP purchased a new stake in shares of TJX Companies during the third quarter valued at approximately $29,000. Copeland Capital Management LLC purchased a new stake in shares of TJX Companies during the third quarter valued at approximately $30,000. New Millennium Group LLC purchased a new stake in shares of TJX Companies during the second quarter valued at approximately $34,000. Finally, Anfield Capital Management LLC purchased a new stake in shares of TJX Companies during the second quarter valued at approximately $37,000. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Performance

Shares of TJX opened at $119.97 on Monday. The company has a market cap of $135.31 billion, a price-to-earnings ratio of 28.98, a price-to-earnings-growth ratio of 3.04 and a beta of 0.89. The firm has a fifty day moving average of $116.33 and a 200-day moving average of $111.69. The TJX Companies, Inc. has a 1 year low of $87.26 and a 1 year high of $122.10. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.04. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. The business had revenue of $13.47 billion during the quarter, compared to the consensus estimate of $13.31 billion. During the same quarter in the prior year, the company posted $0.85 earnings per share. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. As a group, equities analysts anticipate that The TJX Companies, Inc. will post 4.14 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies’s payout ratio is 36.23%.

Analysts Set New Price Targets

TJX has been the topic of a number of analyst reports. Loop Capital lifted their price objective on shares of TJX Companies from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. TD Cowen lifted their price target on shares of TJX Companies from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday. BMO Capital Markets lifted their price target on shares of TJX Companies from $116.00 to $133.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Robert W. Baird lifted their price target on shares of TJX Companies from $113.00 to $128.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $134.00 price target on shares of TJX Companies in a research note on Wednesday, November 13th. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $127.41.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer now directly owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. This represents a 2.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.13% of the stock is owned by corporate 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.