The TJX Companies, Inc. (NYSE:TJX) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 14.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,633 shares of the apparel and home fashions retailer’s stock after selling 5,511 shares during the quarter. TJX Companies makes up about 0.3% of GSA Capital Partners LLP’s investment portfolio, making the stock its 12th largest holding. GSA Capital Partners LLP’s holdings in TJX Companies were worth $3,836,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TJX. Avantax Advisory Services Inc. lifted its stake in TJX Companies by 2.6% in the first quarter. Avantax Advisory Services Inc. now owns 24,337 shares of the apparel and home fashions retailer’s stock valued at $2,468,000 after buying an additional 607 shares during the last quarter. Bleakley Financial Group LLC lifted its stake in TJX Companies by 2.7% in the first quarter. Bleakley Financial Group LLC now owns 21,193 shares of the apparel and home fashions retailer’s stock valued at $2,149,000 after buying an additional 561 shares during the last quarter. Edmond DE Rothschild Holding S.A. lifted its stake in TJX Companies by 5.8% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 3,317 shares of the apparel and home fashions retailer’s stock valued at $336,000 after buying an additional 182 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in TJX Companies by 35.6% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,189,142 shares of the apparel and home fashions retailer’s stock valued at $323,443,000 after buying an additional 837,691 shares during the last quarter. Finally, Koshinski Asset Management Inc. lifted its stake in TJX Companies by 219.8% in the first quarter. Koshinski Asset Management Inc. now owns 13,579 shares of the apparel and home fashions retailer’s stock valued at $1,377,000 after buying an additional 9,333 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. UBS Group raised their target price on TJX Companies from $134.00 to $148.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday, September 15th. Jefferies Financial Group lifted their price objective on shares of TJX Companies from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. BMO Capital Markets lifted their price objective on shares of TJX Companies from $116.00 to $133.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. Finally, Telsey Advisory Group restated an “outperform” rating and set a $128.00 price objective on shares of TJX Companies in a research note on Wednesday, August 21st. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $126.76.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the sale, the chief executive officer now owns 536,148 shares in the company, valued at approximately $63,018,835.92. The trade was 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. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE TJX opened at $118.06 on Tuesday. The TJX Companies, Inc. has a twelve month low of $87.26 and a twelve month high of $121.13. 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 capitalization of $133.16 billion, a price-to-earnings ratio of 28.52, a PEG ratio of 2.98 and a beta of 0.89. The firm has a 50-day moving average of $116.07 and a two-hundred day moving average of $110.82.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.04. The firm had revenue of $13.47 billion for 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 business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.85 EPS. As a group, analysts expect that The TJX Companies, Inc. will post 4.15 earnings per share for the current fiscal 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 issued a dividend of $0.375 per share. The ex-dividend date is Thursday, November 14th. This represents a $1.50 annualized dividend and a yield of 1.27%. TJX Companies’s payout ratio is presently 36.23%.

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.