The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Sather Financial Group Inc

Sather Financial Group Inc reduced its position in The TJX Companies, Inc. (NYSE:TJX) by 0.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,424 shares of the apparel and home fashions retailer’s stock after selling 210 shares during the period. TJX Companies makes up approximately 0.4% of Sather Financial Group Inc’s holdings, making the stock its 28th largest holding. Sather Financial Group Inc’s holdings in TJX Companies were worth $5,729,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TJX. Trivant Custom Portfolio Group LLC purchased a new position in TJX Companies in the 4th quarter valued at about $26,000. Capital Performance Advisors LLP bought a new stake in TJX Companies in the third quarter valued at $29,000. Truvestments Capital LLC bought a new stake in TJX Companies in the 3rd quarter valued at about $29,000. Copeland Capital Management LLC bought a new position in shares of TJX Companies in the third quarter worth $30,000. Finally, Legacy Investment Solutions LLC acquired a new stake in TJX Companies in the third quarter worth approximately $30,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $124.66 on Wednesday. The firm has a market capitalization of $140.14 billion, a P/E ratio of 29.33, a price-to-earnings-growth ratio of 2.82 and a beta of 0.91. The business’s fifty day simple moving average is $123.23 and its 200 day simple moving average is $118.85. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00.

TJX Companies (NYSE:TJX) last posted its 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 firm had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $13.95 billion. During the same quarter in the prior year, the business posted $1.03 earnings per share. The business’s quarterly revenue was up 6.0% on a year-over-year basis. As a group, analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s payout ratio is currently 35.29%.

Analyst Upgrades and Downgrades

TJX has been the topic of a number of analyst reports. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Telsey Advisory Group restated an “outperform” rating and issued a $134.00 target price on shares of TJX Companies in a report on Friday, December 6th. Robert W. Baird increased their target price on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Deutsche Bank Aktiengesellschaft increased their target price on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Finally, Wells Fargo & Company lifted their target price 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. Two analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $133.53.

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.