GoalVest Advisory LLC Sells 176 Shares of The TJX Companies, Inc. (NYSE:TJX)

GoalVest Advisory LLC decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 3.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,100 shares of the apparel and home fashions retailer’s stock after selling 176 shares during the quarter. GoalVest Advisory LLC’s holdings in TJX Companies were worth $616,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Trivant Custom Portfolio Group LLC bought a new stake in TJX Companies during the 4th quarter valued at $26,000. Capital Performance Advisors LLP bought a new position in TJX Companies in the third quarter worth approximately $29,000. Truvestments Capital LLC purchased a new position in TJX Companies during the third quarter valued at $29,000. Copeland Capital Management LLC purchased a new position in shares of TJX Companies in the 3rd quarter worth $30,000. Finally, Legacy Investment Solutions LLC bought a new stake in TJX Companies during the 3rd quarter valued at about $30,000. Institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

TJX has been the subject of several analyst reports. Robert W. Baird boosted their target price on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $134.00 price target on shares of TJX Companies in a research note on Friday, December 6th. StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. TD Cowen raised their price target on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Finally, Guggenheim lifted their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.67.

TJX Companies Stock Performance

TJX Companies stock opened at $122.56 on Thursday. The stock has a market capitalization of $137.77 billion, a price-to-earnings ratio of 28.84, a P/E/G ratio of 3.02 and a beta of 0.91. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The stock has a 50-day simple moving average of $122.70 and a 200 day simple moving average of $117.72. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating 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 analyst estimates of $13.95 billion. During the same period in the prior year, the firm posted $1.03 EPS. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal 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 given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.22%. TJX Companies’s dividend payout ratio is presently 35.29%.

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.