ST Germain D J Co. Inc. Decreases Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

ST Germain D J Co. Inc. decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 96,111 shares of the apparel and home fashions retailer’s stock after selling 4,993 shares during the period. ST Germain D J Co. Inc.’s holdings in TJX Companies were worth $11,297,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Richard W. Paul & Associates LLC purchased a new stake in shares of TJX Companies in the second quarter worth about $25,000. Valued Wealth Advisors LLC grew its stake in TJX Companies by 260.3% during the 1st quarter. Valued Wealth Advisors LLC now owns 245 shares of the apparel and home fashions retailer’s stock valued at $25,000 after purchasing an additional 177 shares in the last quarter. New Millennium Group LLC acquired a new position in shares of TJX Companies in the 2nd quarter valued at approximately $34,000. OFI Invest Asset Management acquired a new stake in shares of TJX Companies during the first quarter worth approximately $30,000. Finally, AlphaMark Advisors LLC grew its position in shares of TJX Companies by 58.4% during the first quarter. AlphaMark Advisors LLC now owns 331 shares of the apparel and home fashions retailer’s stock worth $34,000 after buying an additional 122 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Up 0.2 %

Shares of NYSE TJX traded up $0.23 during mid-day trading on Friday, reaching $117.71. 3,478,101 shares of the company traded hands, compared to its average volume of 5,294,665. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21. The stock has a market cap of $133.03 billion, a PE ratio of 29.21, a price-to-earnings-growth ratio of 2.91 and a beta of 0.89. The company’s fifty day moving average is $116.40 and its two-hundred day moving average is $108.60. The TJX Companies, Inc. has a fifty-two week low of $86.92 and a fifty-two week high of $121.13.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.04. The firm had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.31 billion. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The company’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.85 EPS. On average, analysts expect that The TJX Companies, Inc. will post 4.15 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Thursday, November 14th. TJX Companies’s dividend payout ratio (DPR) is currently 37.22%.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total value of $1,763,100.00. Following the sale, the chief executive officer now owns 536,148 shares of the company’s stock, valued at $63,018,835.92. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on TJX. Evercore ISI raised their price objective on shares of TJX Companies from $115.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, August 19th. Wells Fargo & Company upped their price objective on TJX Companies from $100.00 to $115.00 and gave the company an “equal weight” rating in a research note on Thursday, August 22nd. TD Cowen lifted their target price on TJX Companies from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. UBS Group upped their price target on TJX Companies from $134.00 to $148.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Finally, StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday, September 15th. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, TJX Companies currently has an average rating of “Moderate Buy” and an average target price of $126.76.

TJX Companies 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.