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

Bristlecone Advisors LLC decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 2.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,759 shares of the apparel and home fashions retailer’s stock after selling 141 shares during the period. Bristlecone Advisors LLC’s holdings in TJX Companies were worth $575,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Soltis Investment Advisors LLC lifted its holdings in shares of TJX Companies by 15.5% in the fourth quarter. Soltis Investment Advisors LLC now owns 3,547 shares of the apparel and home fashions retailer’s stock valued at $428,000 after buying an additional 477 shares during the period. Opal Wealth Advisors LLC lifted its holdings in shares of TJX Companies by 8.2% in the fourth quarter. Opal Wealth Advisors LLC now owns 3,759 shares of the apparel and home fashions retailer’s stock valued at $454,000 after buying an additional 284 shares during the period. Wingate Wealth Advisors Inc. acquired a new stake in shares of TJX Companies in the fourth quarter valued at $139,000. Savant Capital LLC lifted its holdings in shares of TJX Companies by 7.7% in the fourth quarter. Savant Capital LLC now owns 32,282 shares of the apparel and home fashions retailer’s stock valued at $3,900,000 after buying an additional 2,299 shares during the period. Finally, Harbour Trust & Investment Management Co lifted its holdings in shares of TJX Companies by 0.9% in the fourth quarter. Harbour Trust & Investment Management Co now owns 78,748 shares of the apparel and home fashions retailer’s stock valued at $9,514,000 after buying an additional 674 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Up 0.2 %

TJX opened at $124.92 on Tuesday. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The business has a 50-day moving average of $123.25 and a 200-day moving average of $118.76. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The company has a market capitalization of $140.43 billion, a PE ratio of 29.39, a price-to-earnings-growth ratio of 2.82 and a beta of 0.91.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. During the same period last year, the business earned $1.03 EPS. The business’s quarterly revenue was up 6.0% on a year-over-year basis. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS 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 paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is presently 35.29%.

Analyst Ratings Changes

Several brokerages have recently commented on TJX. Deutsche Bank Aktiengesellschaft upped their target price on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Jefferies Financial Group upped their target price on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. UBS Group upped their target price on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Morgan Stanley upped their target price on TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Finally, Guggenheim upped their target price on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Two analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $133.53.

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.