Cantor Fitzgerald Investment Advisors L.P. Has $2.08 Million Stake in The TJX Companies, Inc. (NYSE:TJX)

Cantor Fitzgerald Investment Advisors L.P. reduced its holdings in The TJX Companies, Inc. (NYSE:TJX) by 6.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,231 shares of the apparel and home fashions retailer’s stock after selling 1,175 shares during the quarter. Cantor Fitzgerald Investment Advisors L.P.’s holdings in TJX Companies were worth $2,082,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Trivant Custom Portfolio Group LLC acquired a new position in shares of TJX Companies during the fourth quarter worth approximately $26,000. Capital Performance Advisors LLP bought a new stake in TJX Companies in the 3rd quarter valued at $29,000. Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies during the third quarter valued at about $30,000. Truvestments Capital LLC acquired a new stake in TJX Companies during the third quarter worth about $29,000. Finally, SOA Wealth Advisors LLC. bought a new position in TJX Companies during the fourth quarter valued at about $30,000. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Performance

TJX Companies stock opened at $124.64 on Friday. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The stock has a market capitalization of $140.11 billion, a price-to-earnings ratio of 29.33, a P/E/G ratio of 2.82 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 stock has a 50-day simple moving average of $123.27 and a 200 day simple moving average of $118.59.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period last year, the company earned $1.03 EPS. On average, research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have commented on the company. Guggenheim raised their price objective on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Wells Fargo & Company raised their target price on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Jefferies Financial Group increased their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. TD Cowen upped their target price on shares of TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Finally, UBS Group raised their price target on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Two analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $133.53.

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.