The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Franklin Street Advisors Inc. NC

Franklin Street Advisors Inc. NC reduced its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 30.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 209,617 shares of the apparel and home fashions retailer’s stock after selling 93,649 shares during the period. TJX Companies makes up about 1.7% of Franklin Street Advisors Inc. NC’s investment portfolio, making the stock its 16th largest position. Franklin Street Advisors Inc. NC’s holdings in TJX Companies were worth $25,324,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. MGO One Seven LLC boosted its position in shares of TJX Companies by 9.8% in the 2nd quarter. MGO One Seven LLC now owns 26,571 shares of the apparel and home fashions retailer’s stock valued at $2,925,000 after purchasing an additional 2,380 shares during the period. AdvisorShares Investments LLC acquired a new stake in TJX Companies during the 2nd quarter worth about $481,000. LPL Financial LLC boosted its position in TJX Companies by 0.4% during the 2nd quarter. LPL Financial LLC now owns 842,405 shares of the apparel and home fashions retailer’s stock worth $92,749,000 after acquiring an additional 3,339 shares during the period. Qsemble Capital Management LP acquired a new stake in TJX Companies during the 2nd quarter worth about $4,140,000. Finally, Achmea Investment Management B.V. boosted its position in TJX Companies by 11.6% during the 2nd quarter. Achmea Investment Management B.V. now owns 242,199 shares of the apparel and home fashions retailer’s stock worth $26,666,000 after acquiring an additional 25,087 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Trading Down 0.4 %

NYSE TJX traded down $0.45 on Friday, reaching $121.20. The company had a trading volume of 1,077,349 shares, compared to its average volume of 3,996,358. The stock’s 50 day moving average is $121.91 and its 200-day moving average is $117.05. The stock has a market cap of $136.25 billion, a price-to-earnings ratio of 28.52, a PEG ratio of 3.07 and a beta of 0.91. 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.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results 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. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. During the same period in the prior year, the company earned $1.03 earnings per share. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. Equities analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.24%. TJX Companies’s dividend payout ratio (DPR) is currently 35.29%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on TJX shares. Evercore ISI lifted their price target on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Wells Fargo & Company raised their price objective on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday. Robert W. Baird raised their price objective on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Finally, Guggenheim raised their price objective on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Three analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.17.

TJX Companies 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.