Gulf International Bank UK Ltd Sells 1,018 Shares of The TJX Companies, Inc. (NYSE:TJX)

Gulf International Bank UK Ltd cut its position in The TJX Companies, Inc. (NYSE:TJX) by 1.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 87,079 shares of the apparel and home fashions retailer’s stock after selling 1,018 shares during the quarter. Gulf International Bank UK Ltd’s holdings in TJX Companies were worth $10,520,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TJX. Howard Capital Management Group LLC lifted its stake in TJX Companies by 42.9% in the 3rd quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock valued at $27,208,000 after purchasing an additional 69,489 shares during the last quarter. Fortitude Family Office LLC raised its holdings in TJX Companies by 48.9% during the 3rd quarter. Fortitude Family Office LLC now owns 697 shares of the apparel and home fashions retailer’s stock worth $82,000 after purchasing an additional 229 shares during the last quarter. Integrated Advisors Network LLC raised its position in shares of TJX Companies by 11.1% in the 3rd quarter. Integrated Advisors Network LLC now owns 5,384 shares of the apparel and home fashions retailer’s stock worth $633,000 after acquiring an additional 538 shares in the last quarter. MONECO Advisors LLC boosted its holdings in shares of TJX Companies by 3.4% during the 3rd quarter. MONECO Advisors LLC now owns 4,815 shares of the apparel and home fashions retailer’s stock worth $566,000 after buying an additional 159 shares in the last quarter. Finally, Fidelis Capital Partners LLC grew its holdings in TJX Companies by 2.2% in the third quarter. Fidelis Capital Partners LLC now owns 21,705 shares of the apparel and home fashions retailer’s stock worth $2,479,000 after purchasing an additional 465 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Up 1.7 %

Shares of NYSE TJX opened at $124.80 on Thursday. The stock has a market capitalization of $140.29 billion, a price-to-earnings ratio of 29.36, a P/E/G ratio of 2.75 and a beta of 0.91. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. 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 firm’s 50-day moving average price is $122.87 and its 200-day moving average price is $119.84.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.07. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company had revenue of $16.35 billion for the quarter, compared to analyst estimates of $16.24 billion. On average, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS 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. Investors of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a 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 Ratings Changes

TJX has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft raised their price target on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Evercore ISI boosted their price target on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Jefferies Financial Group lifted their price objective on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. 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. Finally, Robert W. Baird upped their target price on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Two research 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 has a consensus rating of “Moderate Buy” and a consensus target price of $134.18.

About TJX Companies

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.