Lynch & Associates IN Sells 151 Shares of The TJX Companies, Inc. (NYSE:TJX)

Lynch & Associates IN cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,967 shares of the apparel and home fashions retailer’s stock after selling 151 shares during the quarter. Lynch & Associates IN’s holdings in TJX Companies were worth $4,587,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. MGO One Seven LLC lifted its position in TJX Companies by 9.8% during the 2nd quarter. MGO One Seven LLC now owns 26,571 shares of the apparel and home fashions retailer’s stock valued at $2,925,000 after purchasing an additional 2,380 shares during the period. AdvisorShares Investments LLC acquired a new stake in TJX Companies in the 2nd quarter valued at $481,000. LPL Financial LLC grew its stake in TJX Companies by 0.4% in the second quarter. LPL Financial LLC now owns 842,405 shares of the apparel and home fashions retailer’s stock valued at $92,749,000 after purchasing an additional 3,339 shares in the last quarter. Qsemble Capital Management LP bought a new stake in TJX Companies during the second quarter worth $4,140,000. Finally, Achmea Investment Management B.V. increased its position in TJX Companies by 11.6% during the second quarter. Achmea Investment Management B.V. now owns 242,199 shares of the apparel and home fashions retailer’s stock worth $26,666,000 after buying an additional 25,087 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Trading Down 1.4 %

TJX Companies stock traded down $1.65 during mid-day trading on Friday, hitting $120.00. The company’s stock had a trading volume of 4,353,022 shares, compared to its average volume of 4,506,735. The TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00. The stock has a market cap of $134.90 billion, a PE ratio of 28.24, a P/E/G ratio of 3.07 and a beta of 0.91. The company has a 50 day moving average of $121.91 and a 200-day moving average of $117.05. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS 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 business had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. During the same period in the previous year, the firm posted $1.03 earnings per share. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.25%. TJX Companies’s dividend payout ratio is currently 35.29%.

Analyst Ratings Changes

A number of equities analysts recently commented on TJX shares. Wells Fargo & Company raised their price target on shares of TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday. Evercore ISI increased their price objective on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Jefferies Financial Group upped their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. TD Cowen increased their price target on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Finally, Guggenheim increased their target price on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat.com, TJX Companies currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.33.

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.