Delta Financial Advisors LLC reduced its stake in shares of TJX Companies Inc (NYSE:TJX) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,041 shares of the apparel and home fashions retailer’s stock after selling 3,196 shares during the quarter. TJX Companies accounts for approximately 2.4% of Delta Financial Advisors LLC’s holdings, making the stock its 6th biggest position. Delta Financial Advisors LLC’s holdings in TJX Companies were worth $6,108,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in TJX. CCM Investment Advisers LLC raised its stake in shares of TJX Companies by 0.3% in the 3rd quarter. CCM Investment Advisers LLC now owns 220,981 shares of the apparel and home fashions retailer’s stock valued at $12,317,000 after buying an additional 747 shares in the last quarter. Voya Investment Management LLC raised its stake in shares of TJX Companies by 139.2% in the 3rd quarter. Voya Investment Management LLC now owns 1,358,915 shares of the apparel and home fashions retailer’s stock valued at $75,746,000 after buying an additional 790,787 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in shares of TJX Companies by 2.1% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 148,675 shares of the apparel and home fashions retailer’s stock valued at $8,287,000 after buying an additional 3,073 shares in the last quarter. Cetera Advisor Networks LLC raised its stake in shares of TJX Companies by 8.7% in the 3rd quarter. Cetera Advisor Networks LLC now owns 22,480 shares of the apparel and home fashions retailer’s stock valued at $1,251,000 after buying an additional 1,807 shares in the last quarter. Finally, Fishman Jay A Ltd. MI acquired a new stake in shares of TJX Companies during the 3rd quarter worth about $1,260,000. Hedge funds and other institutional investors own 88.92% of the company’s stock.

A number of brokerages recently issued reports on TJX. Citigroup increased their target price on shares of TJX Companies from $58.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Wells Fargo & Co reiterated a “hold” rating on shares of TJX Companies in a research report on Monday, December 9th. Telsey Advisory Group increased their target price on shares of TJX Companies from $62.00 to $68.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Cowen increased their price objective on shares of TJX Companies from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Finally, Evercore ISI reissued a “buy” rating and set a $70.00 price objective on shares of TJX Companies in a report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and sixteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $65.67.

Shares of NYSE TJX opened at $63.60 on Friday. The firm has a market capitalization of $75.75 billion, a PE ratio of 24.94, a price-to-earnings-growth ratio of 2.04 and a beta of 0.67. The company has a current ratio of 1.22, a quick ratio of 0.40 and a debt-to-equity ratio of 1.81. TJX Companies Inc has a 1 year low of $49.05 and a 1 year high of $63.51. The firm’s 50-day moving average is $61.53 and its 200-day moving average is $58.12.

TJX Companies (NYSE:TJX) last issued its earnings results on Tuesday, November 19th. The apparel and home fashions retailer reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.02. The company had revenue of $10.45 billion for the quarter, compared to analyst estimates of $10.31 billion. TJX Companies had a net margin of 7.70% and a return on equity of 57.63%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.63 EPS. As a group, equities research analysts anticipate that TJX Companies Inc will post 2.63 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 13th will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Wednesday, February 12th. TJX Companies’s dividend payout ratio (DPR) is presently 43.60%.

In related news, CEO Ernie Herrman sold 127,296 shares of the stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $60.38, for a total value of $7,686,132.48. Following the sale, the chief executive officer now directly owns 575,966 shares in the company, valued at approximately $34,776,827.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Carol Meyrowitz sold 74,262 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $60.55, for a total transaction of $4,496,564.10. Following the completion of the sale, the chairman now owns 330,679 shares in the company, valued at $20,022,613.45. The disclosure for this sale can be found here. 0.18% of the stock is currently owned by company insiders.

About TJX Companies

The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. 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, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise.

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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