Regent Peak Wealth Advisors LLC Has $213,000 Stake in The TJX Companies, Inc. (NYSE:TJX)

Regent Peak Wealth Advisors LLC reduced its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,762 shares of the apparel and home fashions retailer’s stock after selling 141 shares during the quarter. Regent Peak Wealth Advisors LLC’s holdings in TJX Companies were worth $213,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new position in TJX Companies during the 3rd quarter valued at about $29,000. Truvestments Capital LLC bought a new position in shares of TJX Companies in the third quarter valued at approximately $29,000. Copeland Capital Management LLC acquired a new position in shares of TJX Companies in the 3rd quarter worth approximately $30,000. Legacy Investment Solutions LLC bought a new stake in TJX Companies during the 3rd quarter worth approximately $30,000. Finally, Northwest Investment Counselors LLC acquired a new stake in TJX Companies during the 3rd quarter valued at $37,000. 91.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TJX. Robert W. Baird raised 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. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $134.00 price objective on shares of TJX Companies in a report on Friday, December 6th. Evercore ISI lifted their target price on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. Finally, TD Cowen upped their price target on TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.89.

TJX Companies Stock Down 0.1 %

Shares of TJX stock traded down $0.16 during trading hours on Tuesday, hitting $120.72. 1,564,597 shares of the company were exchanged, compared to its average volume of 3,670,331. The company has a market capitalization of $135.71 billion, a PE ratio of 28.40, a PEG ratio of 3.07 and a beta of 0.91. The TJX Companies, Inc. has a 52 week low of $91.59 and a 52 week high of $128.00. The business has a 50 day moving average of $121.44 and a two-hundred day moving average of $116.92. 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 released its 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. The firm had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.03 EPS. Analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal 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 dividend of $0.375 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.24%. TJX Companies’s dividend payout ratio is currently 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.