Great Diamond Partners LLC Has $1.14 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Great Diamond Partners LLC lowered its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,435 shares of the apparel and home fashions retailer’s stock after selling 218 shares during the quarter. Great Diamond Partners LLC’s holdings in TJX Companies were worth $1,140,000 as of its most recent SEC filing.

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

TJX Companies Stock Performance

Shares of TJX stock opened at $124.83 on Friday. The company has a fifty day moving average price of $123.25 and a two-hundred day moving average price of $118.18. The TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00. The stock has a market cap of $140.33 billion, a P/E ratio of 29.37, a P/E/G ratio of 3.04 and a beta of 0.91. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $13.95 billion. During the same period in the prior year, the firm earned $1.03 EPS. TJX Companies’s quarterly revenue was up 6.0% compared to the same quarter last year. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently announced 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 1.20%. TJX Companies’s dividend payout ratio is currently 35.29%.

Analyst Ratings Changes

Several equities analysts recently issued reports on TJX shares. Guggenheim boosted their price objective on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Morgan Stanley upped their price target on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Deutsche Bank Aktiengesellschaft upped their target price on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, Evercore ISI lifted their price target 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.67.

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.