The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Leuthold Group LLC

Leuthold Group LLC cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,853 shares of the apparel and home fashions retailer’s stock after selling 2,069 shares during the quarter. Leuthold Group LLC’s holdings in TJX Companies were worth $6,627,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bogart Wealth LLC purchased a new position in TJX Companies in the fourth quarter worth approximately $25,000. Trivant Custom Portfolio Group LLC purchased a new stake in shares of TJX Companies in the 4th quarter valued at approximately $26,000. Capital Performance Advisors LLP acquired a new stake in shares of TJX Companies in the 3rd quarter valued at $29,000. Truvestments Capital LLC purchased a new stake in shares of TJX Companies during the 3rd quarter worth $29,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies during the third quarter worth $30,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of TJX opened at $121.08 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The firm has a 50-day simple moving average of $122.86 and a 200-day simple moving average of $119.48. The company has a market capitalization of $136.11 billion, a price-to-earnings ratio of 28.49, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data 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. The company had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period last year, the firm earned $1.03 EPS. On average, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio is presently 35.29%.

Analysts Set New Price Targets

TJX has been the topic of a number of analyst reports. Robert W. Baird raised their price target on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Evercore ISI raised their target price on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. TD Cowen raised their price objective on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Finally, UBS Group boosted their price objective on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $134.18.

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.