The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Delta Financial Advisors LLC

Delta Financial Advisors LLC lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 61,400 shares of the apparel and home fashions retailer’s stock after selling 90 shares during the period. TJX Companies accounts for 2.8% of Delta Financial Advisors LLC’s investment portfolio, making the stock its 7th largest position. Delta Financial Advisors LLC’s holdings in TJX Companies were worth $7,418,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Provident Trust Co. increased its holdings in TJX Companies by 71.3% during the 4th quarter. Provident Trust Co. now owns 2,723,149 shares of the apparel and home fashions retailer’s stock worth $328,984,000 after purchasing an additional 1,133,486 shares during the period. Caisse DE Depot ET Placement DU Quebec increased its stake in shares of TJX Companies by 161.3% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer’s stock worth $210,003,000 after buying an additional 1,102,912 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in TJX Companies by 281.6% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,235,037 shares of the apparel and home fashions retailer’s stock worth $145,166,000 after acquiring an additional 911,351 shares during the last quarter. Canoe Financial LP grew its holdings in TJX Companies by 564.0% during the 4th quarter. Canoe Financial LP now owns 1,064,217 shares of the apparel and home fashions retailer’s stock worth $128,568,000 after acquiring an additional 903,939 shares in the last quarter. Finally, Nordea Investment Management AB increased its position in shares of TJX Companies by 13.3% in the 4th quarter. Nordea Investment Management AB now owns 7,031,237 shares of the apparel and home fashions retailer’s stock valued at $850,428,000 after purchasing an additional 827,103 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Up 0.2 %

TJX opened at $121.35 on Tuesday. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00. The business has a 50 day moving average price of $122.81 and a two-hundred day moving average price of $119.72. 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 company has a market cap of $136.42 billion, a PE ratio of 28.55, a P/E/G ratio of 2.75 and a beta of 0.91.

TJX Companies Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.24%. TJX Companies’s dividend payout ratio is currently 35.29%.

Analysts Set New Price Targets

TJX has been the subject of a number of analyst reports. Guggenheim boosted their target price on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Morgan Stanley upped their price objective on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. TD Cowen boosted their target price on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Robert W. Baird increased their price target on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $145.00 price objective on shares of TJX Companies in a research report on Wednesday, February 19th. Two analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.18.

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.