Compass Wealth Management LLC Sells 455 Shares of The TJX Companies, Inc. (NYSE:TJX)

Compass Wealth Management LLC decreased its stake in The TJX Companies, Inc. (NYSE:TJX) by 0.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 54,204 shares of the apparel and home fashions retailer’s stock after selling 455 shares during the quarter. TJX Companies makes up about 1.6% of Compass Wealth Management LLC’s investment portfolio, making the stock its 15th biggest position. Compass Wealth Management LLC’s holdings in TJX Companies were worth $6,548,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Hartford Funds Management Co LLC lifted its stake in shares of TJX Companies by 0.5% in the 3rd quarter. Hartford Funds Management Co LLC now owns 17,926 shares of the apparel and home fashions retailer’s stock valued at $2,107,000 after acquiring an additional 86 shares during the last quarter. Stablepoint Partners LLC increased its holdings 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 raised its position in TJX Companies by 3.4% in the third 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 during the last quarter. Hamilton Capital LLC boosted its stake in shares of TJX Companies by 3.9% during the third quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer’s stock valued at $273,000 after purchasing an additional 90 shares in the last quarter. Finally, Sound Income Strategies LLC grew its holdings 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 purchasing an additional 91 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on TJX. Deutsche Bank Aktiengesellschaft raised their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. 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 report on Tuesday. Wells Fargo & Company increased their price objective on shares of TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Guggenheim upped their price target on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Finally, Evercore ISI raised their price objective on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, TJX Companies presently has a consensus rating of “Moderate Buy” and an average target price of $131.67.

TJX Companies Trading Up 0.0 %

NYSE TJX opened at $122.61 on Friday. The business’s fifty day moving average is $122.84 and its 200-day moving average is $117.86. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The stock has a market capitalization of $137.83 billion, a price-to-earnings ratio of 28.85, a PEG ratio of 3.00 and a beta of 0.91. The TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00.

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 the consensus estimate of $1.09 by $0.05. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. During the same quarter in the previous year, the firm posted $1.03 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. Equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) 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.