Dunhill Financial LLC Has $40,000 Position in The TJX Companies, Inc. (NYSE:TJX)

Dunhill Financial LLC decreased its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 89.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 332 shares of the apparel and home fashions retailer's stock after selling 2,941 shares during the quarter. Dunhill Financial LLC's holdings in TJX Companies were worth $40,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in TJX. Bogart Wealth LLC acquired a new stake in shares of TJX Companies in the fourth quarter worth $25,000. Trivant Custom Portfolio Group LLC acquired a new position in TJX Companies during the 4th quarter worth $26,000. SOA Wealth Advisors LLC. acquired a new position in TJX Companies during the 4th quarter worth $30,000. Millstone Evans Group LLC acquired a new position in shares of TJX Companies during the 4th quarter worth about $30,000. Finally, Promus Capital LLC bought a new stake in TJX Companies during the 4th quarter valued at approximately $32,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on TJX shares. Robert W. Baird upped their price target on TJX Companies from $138.00 to $140.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. Morgan Stanley cut their target price on shares of TJX Companies from $136.00 to $133.00 and set an "overweight" rating for the company in a research note on Tuesday, May 6th. StockNews.com downgraded shares of TJX Companies from a "buy" rating to a "hold" rating in a report on Thursday, May 1st. Barclays boosted their price objective on shares of TJX Companies from $136.00 to $137.00 and gave the stock an "overweight" rating in a report on Thursday, February 27th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $145.00 price objective on shares of TJX Companies in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $136.94.

TJX Companies Price Performance

TJX stock traded up $3.33 during trading on Monday, hitting $131.43. The company had a trading volume of 4,809,728 shares, compared to its average volume of 5,334,589. The company has a fifty day moving average price of $123.03 and a two-hundred day moving average price of $122.39. The TJX Companies, Inc. has a fifty-two week low of $97.53 and a fifty-two week high of $131.54. The company has a market cap of $146.83 billion, a P/E ratio of 30.93, a P/E/G ratio of 2.75 and a beta of 0.94. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.07. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company had revenue of $16.35 billion during the quarter, compared to analysts' expectations of $16.24 billion. Equities research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.29%. This is a boost from TJX Companies's previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Thursday, May 15th. TJX Companies's dividend payout ratio is currently 39.91%.

Insider Transactions at TJX Companies

In related news, CEO Ernie Herrman sold 23,428 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the sale, the chief executive officer now directly owns 484,189 shares in the company, valued at $59,569,772.67. This represents a 4.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total value of $988,240.00. The disclosure for this sale can be found here. Company insiders own 0.13% of the company's stock.

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.