The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Roffman Miller Associates Inc. PA

Roffman Miller Associates Inc. PA decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 0.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 172,298 shares of the apparel and home fashions retailer’s stock after selling 477 shares during the quarter. TJX Companies accounts for approximately 1.3% of Roffman Miller Associates Inc. PA’s holdings, making the stock its 29th largest position. Roffman Miller Associates Inc. PA’s holdings in TJX Companies were worth $20,815,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in TJX. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in TJX Companies by 1.7% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,987 shares of the apparel and home fashions retailer’s stock valued at $603,000 after purchasing an additional 84 shares in the last quarter. Hartford Funds Management Co LLC grew its stake in TJX Companies by 0.5% in the third 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 purchasing an additional 86 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its stake 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 in the last quarter. Hamilton Capital LLC grew its stake in TJX Companies by 3.9% in 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, Breakwater Capital Group grew its stake in TJX Companies by 1.2% in the fourth quarter. Breakwater Capital Group now owns 7,696 shares of the apparel and home fashions retailer’s stock valued at $930,000 after purchasing an additional 91 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Trading Down 1.5 %

Shares of TJX opened at $121.08 on Monday. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. 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 firm has a market capitalization of $136.11 billion, a price-to-earnings ratio of 28.49, a P/E/G ratio of 2.75 and a beta of 0.91. The stock’s 50-day moving average price is $122.86 and its 200 day moving average price is $119.64.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be paid a dividend of $0.375 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a yield of 1.24%. TJX Companies’s dividend payout ratio is 35.29%.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of analyst reports. Evercore ISI boosted their price target on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $145.00 price target on shares of TJX Companies in a research report on Wednesday, February 19th. UBS Group boosted their price target on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. 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. Finally, StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Two research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $134.18.

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.