The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Hyperion Capital Advisors LP

Hyperion Capital Advisors LP lessened its position in The TJX Companies, Inc. (NYSE:TJX) by 0.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,253 shares of the apparel and home fashions retailer’s stock after selling 88 shares during the period. TJX Companies comprises 1.7% of Hyperion Capital Advisors LP’s portfolio, making the stock its 13th largest holding. Hyperion Capital Advisors LP’s holdings in TJX Companies were worth $3,556,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of TJX. Richard W. Paul & Associates LLC acquired a new position in shares of TJX Companies in the second quarter valued at approximately $25,000. Capital Performance Advisors LLP acquired a new position in shares of TJX Companies in the third quarter valued at approximately $29,000. Truvestments Capital LLC acquired a new position in shares of TJX Companies in the third quarter valued at approximately $29,000. Copeland Capital Management LLC acquired a new position in shares of TJX Companies in the third quarter valued at approximately $30,000. Finally, New Millennium Group LLC acquired a new position in shares of TJX Companies in the second quarter valued at approximately $34,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total value of $1,763,100.00. Following the sale, the chief executive officer now owns 536,148 shares of the company’s stock, valued at $63,018,835.92. This trade represents a 2.72 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of analyst reports. BMO Capital Markets boosted their price objective on shares of TJX Companies from $116.00 to $133.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Jefferies Financial Group upped their price target on shares of TJX Companies from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Citigroup downgraded shares of TJX Companies from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $110.00 to $128.00 in a research note on Thursday, August 22nd. Wells Fargo & Company raised their target price on shares of TJX Companies from $100.00 to $115.00 and gave the company an “equal weight” rating in a research note on Thursday, August 22nd. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $134.00 price target on shares of TJX Companies in a research report on Wednesday, November 20th. Four investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $129.47.

TJX Companies Stock Up 0.1 %

TJX opened at $126.36 on Thursday. The TJX Companies, Inc. has a twelve month low of $87.44 and a twelve month high of $128.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The business has a 50 day moving average price of $116.97 and a 200 day moving average price of $112.98. The firm has a market cap of $142.52 billion, a P/E ratio of 29.73, a price-to-earnings-growth ratio of 3.10 and a beta of 0.89.

TJX Companies (NYSE:TJX) last released 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. The company had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.03 earnings per share. Research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Thursday, November 14th. TJX Companies’s dividend payout ratio (DPR) is currently 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.