Strategic Blueprint LLC Sells 460 Shares of The TJX Companies, Inc. (NYSE:TJX)

Strategic Blueprint LLC lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,970 shares of the apparel and home fashions retailer’s stock after selling 460 shares during the quarter. Strategic Blueprint LLC’s holdings in TJX Companies were worth $842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TJX. Hartford Funds Management Co LLC boosted its holdings in TJX Companies by 0.5% in the third 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 acquiring an additional 86 shares in the last quarter. Stablepoint Partners LLC boosted its stake in TJX Companies by 0.3% in the 3rd quarter. Stablepoint Partners LLC now owns 26,922 shares of the apparel and home fashions retailer’s stock worth $3,164,000 after purchasing an additional 89 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its stake in TJX Companies by 3.4% during 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 purchasing an additional 90 shares in the last quarter. Hamilton Capital LLC raised its holdings in shares of TJX Companies by 3.9% in the third quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer’s stock worth $273,000 after buying an additional 90 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its stake in shares of TJX Companies by 3.8% during the third quarter. Sound Income Strategies LLC now owns 2,507 shares of the apparel and home fashions retailer’s stock worth $295,000 after buying an additional 91 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 1.5 %

TJX stock opened at $126.09 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average of $123.13 and a two-hundred day moving average of $118.13. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The company has a market cap of $141.74 billion, a price-to-earnings ratio of 29.67, a PEG ratio of 3.00 and a beta of 0.91.

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

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio is presently 35.29%.

Wall Street Analyst Weigh In

TJX has been the topic of several research reports. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Guggenheim raised their price objective on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Telsey Advisory Group reiterated an “outperform” rating and issued a $134.00 target price on shares of TJX Companies in a research report on Friday, December 6th. Morgan Stanley raised their price target on shares of TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Finally, TD Cowen upped their price objective on shares of TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Three equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.67.

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.