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

Naples Global Advisors LLC trimmed its position in The TJX Companies, Inc. (NYSE:TJX) by 1.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,114 shares of the apparel and home fashions retailer’s stock after selling 115 shares during the period. Naples Global Advisors LLC’s holdings in TJX Companies were worth $739,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in TJX. Trivant Custom Portfolio Group LLC purchased a new stake in shares of TJX Companies during the 4th quarter valued at approximately $26,000. Capital Performance Advisors LLP acquired a new stake in TJX Companies during the third quarter worth $29,000. Truvestments Capital LLC purchased a new stake in TJX Companies in the third quarter valued at $29,000. Copeland Capital Management LLC acquired a new position in shares of TJX Companies in the 3rd quarter valued at $30,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies in the 3rd quarter valued at $30,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 1.2 %

Shares of TJX Companies stock opened at $125.88 on Friday. 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 TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The company has a market capitalization of $141.50 billion, a P/E ratio of 29.62, a P/E/G ratio of 2.82 and a beta of 0.91. The company has a 50 day moving average of $123.20 and a 200 day moving average of $118.98.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS 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 business had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $13.95 billion. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The business’s revenue was up 6.0% compared to the same quarter last year. As a group, research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be paid a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.19%. TJX Companies’s dividend payout ratio (DPR) is presently 35.29%.

Analyst Ratings Changes

TJX has been the subject of a number of recent analyst reports. Robert W. Baird raised their price objective on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Wells Fargo & Company lifted their price target on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Jefferies Financial Group lifted their target price on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, UBS Group upped 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. Two analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $133.53.

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.