The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Sageworth Trust Co

Sageworth Trust Co cut its stake in The TJX Companies, Inc. (NYSE:TJX) by 13.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,439 shares of the apparel and home fashions retailer’s stock after selling 1,325 shares during the period. Sageworth Trust Co’s holdings in TJX Companies were worth $1,020,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. State Street Corp lifted its holdings in shares of TJX Companies by 1.0% during the third quarter. State Street Corp now owns 47,556,435 shares of the apparel and home fashions retailer’s stock worth $5,589,783,000 after purchasing an additional 469,287 shares during the period. Geode Capital Management LLC raised its position in TJX Companies by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 23,857,584 shares of the apparel and home fashions retailer’s stock worth $2,795,121,000 after buying an additional 363,707 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in TJX Companies by 7.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,182,564 shares of the apparel and home fashions retailer’s stock worth $1,079,319,000 after buying an additional 643,833 shares during the last quarter. Franklin Resources Inc. lifted its stake in TJX Companies by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 7,271,499 shares of the apparel and home fashions retailer’s stock valued at $837,951,000 after acquiring an additional 657,529 shares during the period. Finally, Nordea Investment Management AB boosted its holdings in shares of TJX Companies by 13.3% in the 4th quarter. Nordea Investment Management AB now owns 7,031,237 shares of the apparel and home fashions retailer’s stock valued at $850,428,000 after acquiring an additional 827,103 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 1.2 %

Shares of NYSE TJX opened at $124.64 on Friday. The firm has a market cap of $140.11 billion, a price-to-earnings ratio of 29.33, a price-to-earnings-growth ratio of 2.82 and a beta of 0.91. The company’s 50-day simple moving average is $123.27 and its 200-day simple moving average is $118.59. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00.

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

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.20%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio is currently 35.29%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Robert W. Baird raised their target price on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Evercore ISI boosted their price objective on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. TD Cowen boosted their price target on TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Two analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $133.53.

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.