EagleClaw Capital Managment LLC Sells 215 Shares of The TJX Companies, Inc. (NYSE:TJX)

EagleClaw Capital Managment LLC lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,155 shares of the apparel and home fashions retailer’s stock after selling 215 shares during the quarter. TJX Companies comprises 1.3% of EagleClaw Capital Managment LLC’s investment portfolio, making the stock its 25th largest position. EagleClaw Capital Managment LLC’s holdings in TJX Companies were worth $7,893,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Richard W. Paul & Associates LLC purchased a new position in TJX Companies in the 2nd quarter worth approximately $25,000. Capital Performance Advisors LLP bought a new stake in shares of TJX Companies during the third quarter valued at approximately $29,000. Copeland Capital Management LLC bought a new stake in TJX Companies in the third quarter worth $30,000. New Millennium Group LLC bought a new stake in TJX Companies in the second quarter worth $34,000. Finally, Anfield Capital Management LLC purchased a new position in shares of TJX Companies in the second quarter worth $37,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE TJX traded down $1.06 during midday trading on Wednesday, hitting $118.50. The company had a trading volume of 522,750 shares, compared to its average volume of 5,210,519. The firm has a fifty day simple moving average of $116.42 and a two-hundred day simple moving average of $112.04. The stock has a market cap of $133.65 billion, a price-to-earnings ratio of 28.88, a P/E/G ratio of 3.03 and a beta of 0.89. The TJX Companies, Inc. has a fifty-two week low of $87.44 and a fifty-two week high of $122.10. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.37.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The company had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. The company’s revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.03 earnings per share. Equities analysts forecast that The TJX Companies, Inc. will post 4.14 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.27%. The ex-dividend date is Thursday, November 14th. TJX Companies’s payout ratio is 36.23%.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the transaction, the chief executive officer now directly owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. This trade represents a 2.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

TJX has been the subject of a number of analyst reports. Citigroup cut TJX Companies from a “buy” rating to a “neutral” rating and upped their price target for the stock from $110.00 to $128.00 in a research report on Thursday, August 22nd. Robert W. Baird raised their price objective on TJX Companies from $113.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Morgan Stanley boosted their price objective on TJX Companies from $122.00 to $129.00 and gave the company an “overweight” rating in a report on Thursday, August 22nd. Loop Capital upped their price target on TJX Companies from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $134.00 target price on shares of TJX Companies in a report on Wednesday, November 13th. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat, TJX Companies currently has an average rating of “Moderate Buy” and a consensus price target of $127.41.

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.