The TJX Companies, Inc. (NYSE:TJX) Shares Sold by First Financial Bank Trust Division

First Financial Bank Trust Division reduced its position in The TJX Companies, Inc. (NYSE:TJX) by 8.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,329 shares of the apparel and home fashions retailer’s stock after selling 2,477 shares during the quarter. First Financial Bank Trust Division’s holdings in TJX Companies were worth $3,060,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Hartford Funds Management Co LLC boosted its stake in TJX Companies by 0.5% during the 3rd quarter. Hartford Funds Management Co LLC now owns 17,926 shares of the apparel and home fashions retailer’s stock worth $2,107,000 after purchasing an additional 86 shares during the period. Stablepoint Partners LLC boosted its stake in shares of TJX Companies by 0.3% during the third quarter. Stablepoint Partners LLC now owns 26,922 shares of the apparel and home fashions retailer’s stock worth $3,164,000 after buying an additional 89 shares during the period. Concorde Asset Management LLC grew its holdings in shares of TJX Companies by 2.8% during the second quarter. Concorde Asset Management LLC now owns 3,330 shares of the apparel and home fashions retailer’s stock worth $367,000 after buying an additional 90 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its position in TJX Companies by 3.4% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 2,706 shares of the apparel and home fashions retailer’s stock valued at $318,000 after acquiring an additional 90 shares during the period. Finally, Hamilton Capital LLC lifted its position in TJX Companies by 3.9% during the 3rd quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer’s stock worth $273,000 after acquiring an additional 90 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on TJX. Jefferies Financial Group boosted their target price on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Robert W. Baird lifted their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft raised their target price on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $134.00 target price on shares of TJX Companies in a report on Friday, December 6th. Finally, Evercore ISI boosted their price target on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $130.89.

TJX Companies Stock Up 0.3 %

Shares of TJX traded up $0.34 during trading on Thursday, reaching $121.15. The company’s stock had a trading volume of 3,272,548 shares, compared to its average volume of 5,250,537. The company has a market cap of $136.19 billion, a price-to-earnings ratio of 28.51, a P/E/G ratio of 3.07 and a beta of 0.90. 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 fifty day moving average of $121.03 and a two-hundred day moving average of $116.65. The TJX Companies, Inc. has a twelve month low of $91.31 and a twelve month high of $128.00.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.05. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. During the same quarter in the previous year, the firm earned $1.03 EPS. The company’s revenue was up 6.0% on a year-over-year basis. On average, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company 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 is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.24%. TJX Companies’s dividend payout ratio (DPR) is 35.29%.

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.