The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Carson Advisory Inc.

Carson Advisory Inc. lessened its stake in The TJX Companies, Inc. (NYSE:TJX) by 8.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,095 shares of the apparel and home fashions retailer’s stock after selling 196 shares during the period. Carson Advisory Inc.’s holdings in TJX Companies were worth $246,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Richard W. Paul & Associates LLC purchased a new position in TJX Companies during the 2nd quarter worth $25,000. Capital Performance Advisors LLP purchased a new stake in TJX Companies in the 3rd quarter valued at approximately $29,000. Copeland Capital Management LLC acquired a new position in TJX Companies during the 3rd quarter worth approximately $30,000. New Millennium Group LLC acquired a new position in TJX Companies during the 2nd quarter worth approximately $34,000. Finally, Anfield Capital Management LLC purchased a new position in shares of TJX Companies during the 2nd quarter worth approximately $37,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 15,000 shares of the stock in a transaction dated Tuesday, September 10th. The stock was 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 owns 536,148 shares in the company, valued at approximately $63,018,835.92. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

TJX has been the subject of several research analyst reports. Robert W. Baird increased their price objective on TJX Companies from $113.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Telsey Advisory Group reiterated an “outperform” rating and issued a $128.00 price objective on shares of TJX Companies in a research note on Wednesday, August 21st. BMO Capital Markets upped their target price on shares of TJX Companies from $116.00 to $133.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. TD Cowen boosted their price target on TJX Companies from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Finally, Jefferies Financial Group raised their price objective on TJX Companies from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, TJX Companies presently has an average rating of “Moderate Buy” and an average price target of $126.76.

TJX Companies Trading Up 0.9 %

Shares of TJX stock opened at $117.88 on Friday. The TJX Companies, Inc. has a 1-year low of $87.26 and a 1-year high of $121.13. The firm’s 50-day simple moving average is $116.07 and its 200-day simple moving average is $110.60. The firm has a market cap of $132.95 billion, a P/E ratio of 28.47, a PEG ratio of 2.92 and a beta of 0.89. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.21 and a quick ratio of 0.60.

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

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $1.50 dividend on an annualized basis and a yield of 1.27%. TJX Companies’s dividend payout ratio (DPR) is 36.23%.

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.