Nottingham Advisors Inc. Sells 1,800 Shares of The TJX Companies, Inc. (NYSE:TJX)

Nottingham Advisors Inc. trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 11.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,396 shares of the apparel and home fashions retailer’s stock after selling 1,800 shares during the quarter. Nottingham Advisors Inc.’s holdings in TJX Companies were worth $1,575,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of TJX. Running Oak Capital LLC boosted its position in TJX Companies by 10.9% during the 1st quarter. Running Oak Capital LLC now owns 111,987 shares of the apparel and home fashions retailer’s stock worth $11,358,000 after acquiring an additional 11,036 shares during the last quarter. New Mexico Educational Retirement Board raised its stake in shares of TJX Companies by 15.9% during the 1st quarter. New Mexico Educational Retirement Board now owns 69,380 shares of the apparel and home fashions retailer’s stock worth $7,037,000 after purchasing an additional 9,500 shares in the last quarter. Advisors Capital Management LLC grew its stake in shares of TJX Companies by 3.7% in the first quarter. Advisors Capital Management LLC now owns 572,324 shares of the apparel and home fashions retailer’s stock valued at $58,045,000 after buying an additional 20,629 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in TJX Companies by 9.1% during the first quarter. O Shaughnessy Asset Management LLC now owns 136,798 shares of the apparel and home fashions retailer’s stock worth $13,874,000 after buying an additional 11,447 shares during the last quarter. Finally, Meyer Handelman Co. raised its position in TJX Companies by 27.5% during the first quarter. Meyer Handelman Co. now owns 166,574 shares of the apparel and home fashions retailer’s stock worth $16,894,000 after acquiring an additional 35,879 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Up 0.2 %

NYSE TJX traded up $0.24 on Thursday, hitting $117.64. 254,447 shares of the company were exchanged, compared to its average volume of 5,289,711. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 0.37. The company has a market cap of $132.68 billion, a PE ratio of 28.36, a PEG ratio of 2.91 and a beta of 0.89. The stock has a fifty day moving average of $116.11 and a 200-day moving average of $108.41. The TJX Companies, Inc. has a 12 month low of $86.92 and a 12 month high of $121.13.

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

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.28%. The ex-dividend date is Thursday, November 14th. TJX Companies’s dividend payout ratio is 36.23%.

Insider Activity

In related news, CEO Ernie Herrman sold 15,000 shares of the firm’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 directly owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on TJX. Loop Capital upped their price objective 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 increased their target price on TJX Companies from $114.00 to $136.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. Jefferies Financial Group upped their price objective on TJX Companies from $130.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. BMO Capital Markets increased 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. Finally, Robert W. Baird increased their price target on shares of TJX Companies from $113.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $126.76.

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.