Regent Peak Wealth Advisors LLC Sells 141 Shares of The TJX Companies, Inc. (NYSE:TJX)

Regent Peak Wealth Advisors LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,762 shares of the apparel and home fashions retailer’s stock after selling 141 shares during the period. Regent Peak Wealth Advisors LLC’s holdings in TJX Companies were worth $213,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on TJX shares. Guggenheim boosted their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Deutsche Bank Aktiengesellschaft boosted their price target on TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Jefferies Financial Group boosted their target price on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, Evercore ISI raised their price target on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $130.89.

TJX Companies Stock Down 0.1 %

TJX stock traded down $0.16 during trading on Tuesday, reaching $120.72. 1,564,597 shares of the stock were exchanged, compared to its average volume of 3,670,331. The firm’s 50 day moving average is $121.44 and its 200 day moving average is $116.92. The TJX Companies, Inc. has a twelve month low of $91.59 and a twelve month high of $128.00. 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 market cap of $135.71 billion, a P/E ratio of 28.40, a price-to-earnings-growth ratio of 3.07 and a beta of 0.91.

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 analysts’ consensus estimates of $1.09 by $0.05. The firm had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.03 EPS. As a group, research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company 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 of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.24%. TJX Companies’s payout ratio is 35.29%.

About TJX Companies

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.