SeaCrest Wealth Management LLC Sells 645 Shares of The TJX Companies, Inc. (NYSE:TJX)

SeaCrest Wealth Management LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,191 shares of the apparel and home fashions retailer’s stock after selling 645 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in TJX Companies were worth $1,473,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. One Capital Management LLC raised its stake in TJX Companies by 27.8% during the 2nd quarter. One Capital Management LLC now owns 3,331 shares of the apparel and home fashions retailer’s stock valued at $367,000 after buying an additional 725 shares during the last quarter. Savoir Faire Capital Management L.P. grew its holdings in shares of TJX Companies by 50.8% in the second quarter. Savoir Faire Capital Management L.P. now owns 48,000 shares of the apparel and home fashions retailer’s stock worth $5,285,000 after acquiring an additional 16,162 shares during the period. Excalibur Management Corp grew its holdings in shares of TJX Companies by 6.2% in the second quarter. Excalibur Management Corp now owns 10,310 shares of the apparel and home fashions retailer’s stock worth $1,135,000 after acquiring an additional 598 shares during the period. GDS Wealth Management increased its position in TJX Companies by 11.4% during the second quarter. GDS Wealth Management now owns 112,431 shares of the apparel and home fashions retailer’s stock valued at $12,379,000 after acquiring an additional 11,549 shares during the last quarter. Finally, Alpha Financial Partners LLC lifted its holdings in TJX Companies by 8.1% in the second quarter. Alpha Financial Partners LLC now owns 4,222 shares of the apparel and home fashions retailer’s stock valued at $465,000 after acquiring an additional 316 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Trading Down 0.5 %

TJX Companies stock opened at $119.29 on Wednesday. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The firm’s 50 day moving average price is $122.32 and its 200-day moving average price is $117.34. 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 cap of $134.10 billion, a P/E ratio of 28.07, a PEG ratio of 3.07 and a beta of 0.91.

TJX Companies (NYSE:TJX) last announced its quarterly 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 the consensus estimate of $13.95 billion. During the same period in the previous year, the firm posted $1.03 EPS. TJX Companies’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, equities analysts predict 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. Investors of record on Thursday, February 13th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s payout ratio is presently 35.29%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Evercore ISI boosted 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. Guggenheim upped their target price on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. UBS Group lifted their price target on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Telsey Advisory Group restated an “outperform” rating and issued a $134.00 price objective on shares of TJX Companies in a research note on Friday, December 6th. Finally, Robert W. Baird lifted their target price on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.33.

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.