Piscataqua Savings Bank Sells 164 Shares of The TJX Companies, Inc. (NYSE:TJX)

Piscataqua Savings Bank cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,147 shares of the apparel and home fashions retailer’s stock after selling 164 shares during the period. TJX Companies comprises about 2.7% of Piscataqua Savings Bank’s investment portfolio, making the stock its 7th biggest holding. Piscataqua Savings Bank’s holdings in TJX Companies were worth $3,159,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of TJX. Trivant Custom Portfolio Group LLC purchased a new position in TJX Companies in the fourth quarter valued at about $26,000. Capital Performance Advisors LLP acquired a new position in shares of TJX Companies in the 3rd quarter valued at approximately $29,000. Truvestments Capital LLC purchased a new position in shares of TJX Companies during the 3rd quarter valued at approximately $29,000. Copeland Capital Management LLC acquired a new stake in shares of TJX Companies during the third quarter worth approximately $30,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies in the third quarter worth $30,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have commented on TJX. Guggenheim increased their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. UBS Group lifted their price target on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Telsey Advisory Group restated an “outperform” rating and set a $134.00 price objective on shares of TJX Companies in a research note on Friday, December 6th. Deutsche Bank Aktiengesellschaft increased their target price on TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, Morgan Stanley boosted their price target on TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $131.67.

TJX Companies Trading Up 0.0 %

TJX Companies stock opened at $122.61 on Monday. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $137.83 billion, a price-to-earnings ratio of 28.85, a PEG ratio of 3.00 and a beta of 0.91. The firm has a 50-day moving average price of $122.84 and a two-hundred day moving average price of $117.94.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.05. The business had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The business’s revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.03 earnings per share. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors 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 1.22%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio is currently 35.29%.

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.