The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC lowered its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 19.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,071 shares of the apparel and home fashions retailer's stock after selling 2,626 shares during the quarter. Avior Wealth Management LLC's holdings in TJX Companies were worth $1,348,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Millstone Evans Group LLC acquired a new stake in TJX Companies during the fourth quarter worth approximately $30,000. Promus Capital LLC purchased a new position in TJX Companies during the fourth quarter worth approximately $32,000. Tacita Capital Inc purchased a new position in TJX Companies during the fourth quarter worth approximately $38,000. Rialto Wealth Management LLC raised its stake in TJX Companies by 105.9% during the first quarter. Rialto Wealth Management LLC now owns 348 shares of the apparel and home fashions retailer's stock worth $42,000 after purchasing an additional 179 shares during the period. Finally, Coppell Advisory Solutions LLC raised its stake in TJX Companies by 31.8% during the fourth quarter. Coppell Advisory Solutions LLC now owns 435 shares of the apparel and home fashions retailer's stock worth $53,000 after purchasing an additional 105 shares during the period. Institutional investors and hedge funds own 91.09% of the company's stock.

Insider Activity at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the company's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total value of $121,685.50. Following the completion of the transaction, the director now owns 22,712 shares in the company, valued at approximately $2,909,180.08. This represents a 4.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.13% of the company's stock.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $123.35 on Friday. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.34. The TJX Companies, Inc. has a fifty-two week low of $107.71 and a fifty-two week high of $135.85. The firm has a 50-day simple moving average of $127.66 and a 200 day simple moving average of $124.11. The company has a market cap of $137.80 billion, a PE ratio of 29.02, a P/E/G ratio of 2.90 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.90 by $0.02. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. The business had revenue of $13.11 billion during the quarter, compared to the consensus estimate of $13.01 billion. During the same quarter in the prior year, the firm earned $0.93 EPS. The company's revenue for the quarter was up 5.1% compared to the same quarter last year. On average, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's dividend payout ratio is presently 40.00%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. TD Securities raised their target price on shares of TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a research note on Tuesday, May 20th. UBS Group reissued a "buy" rating and issued a $164.00 target price (up previously from $154.00) on shares of TJX Companies in a research note on Thursday, May 22nd. Wells Fargo & Company reissued an "equal weight" rating on shares of TJX Companies in a research note on Wednesday, May 21st. Wall Street Zen raised shares of TJX Companies from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Finally, BMO Capital Markets reissued an "outperform" rating on shares of TJX Companies in a research note on Wednesday, May 21st. One equities research analyst has rated the stock with a hold rating and eighteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $141.53.

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.

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