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

Compass Wealth Management LLC decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,204 shares of the apparel and home fashions retailer’s stock after selling 455 shares during the period. TJX Companies accounts for 1.6% of Compass Wealth Management LLC’s portfolio, making the stock its 15th largest position. Compass Wealth Management LLC’s holdings in TJX Companies were worth $6,548,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TJX. Trivant Custom Portfolio Group LLC bought a new position in shares of TJX Companies in the 4th quarter valued at about $26,000. Capital Performance Advisors LLP bought a new position in TJX Companies in the third quarter valued at approximately $29,000. Truvestments Capital LLC acquired a new stake in TJX Companies during the 3rd quarter worth $29,000. Copeland Capital Management LLC acquired a new stake in TJX Companies during the 3rd quarter worth $30,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies during the 3rd quarter valued at $30,000. 91.09% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on TJX. Jefferies Financial Group lifted their price objective on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Deutsche Bank Aktiengesellschaft upped their price target on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Morgan Stanley lifted their price objective on shares of TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Tuesday. 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 research note on Thursday, December 5th. Finally, Robert W. Baird increased their target price on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.67.

TJX Companies Stock Up 0.0 %

Shares of TJX opened at $122.61 on Friday. The stock has a market capitalization of $137.83 billion, a PE ratio of 28.85, a P/E/G ratio of 3.00 and a beta of 0.91. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The firm’s 50 day moving average is $122.84 and its 200-day moving average is $117.86.

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

TJX Companies Dividend Announcement

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