The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,495 shares of the apparel and home fashions retailer’s stock after selling 150 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in TJX Companies were worth $1,026,000 as of its most recent SEC filing.

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

TJX Companies Trading Up 0.0 %

Shares of TJX opened at $122.61 on Friday. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The firm has a market capitalization of $137.83 billion, a P/E ratio of 28.85, a P/E/G ratio of 3.00 and a beta of 0.91. The firm has a 50-day moving average price of $122.84 and a 200 day moving average price of $117.86. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

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

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 paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.22%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is presently 35.29%.

Wall Street Analyst Weigh In

TJX has been the subject of several research analyst reports. 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. Guggenheim increased their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Morgan Stanley lifted their target price on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Jefferies Financial Group upped their price target on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, Evercore ISI boosted their price objective on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, TJX Companies currently has an average rating of “Moderate Buy” and a consensus price target of $131.67.

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.