South Dakota Investment Council Sells 381 Shares of The TJX Companies, Inc. (NYSE:TJX)

South Dakota Investment Council decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,991 shares of the apparel and home fashions retailer’s stock after selling 381 shares during the period. South Dakota Investment Council’s holdings in TJX Companies were worth $2,053,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. World Equity Group Inc. increased its position in TJX Companies by 124.4% during the 4th quarter. World Equity Group Inc. now owns 4,676 shares of the apparel and home fashions retailer’s stock worth $565,000 after buying an additional 2,592 shares during the period. Delta Financial Group Inc. bought a new position in TJX Companies during the 4th quarter worth $1,085,000. Sigma Investment Counselors Inc. grew its holdings in shares of TJX Companies by 0.9% during the 4th quarter. Sigma Investment Counselors Inc. now owns 82,437 shares of the apparel and home fashions retailer’s stock worth $9,959,000 after purchasing an additional 741 shares in the last quarter. MONECO Advisors LLC grew its holdings in shares of TJX Companies by 28.9% during the 4th quarter. MONECO Advisors LLC now owns 6,205 shares of the apparel and home fashions retailer’s stock worth $750,000 after purchasing an additional 1,390 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC grew its holdings in shares of TJX Companies by 6.2% during the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 2,048 shares of the apparel and home fashions retailer’s stock worth $247,000 after purchasing an additional 119 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX Companies stock opened at $121.08 on Monday. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $136.11 billion, a PE ratio of 28.49, a P/E/G 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 stock has a 50-day moving average price of $122.86 and a two-hundred day moving average price of $119.64.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a $0.375 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a yield of 1.24%. TJX Companies’s dividend payout ratio is presently 35.29%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. UBS Group increased their target price on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Robert W. Baird increased their target price on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Jefferies Financial Group increased 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. Finally, Morgan Stanley increased their target price on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat.com, TJX Companies has a consensus rating of “Moderate Buy” and an average price target of $134.18.

TJX Companies Company 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.