The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 2.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 158,494 shares of the apparel and home fashions retailer's stock after selling 3,862 shares during the period. Yousif Capital Management LLC's holdings in TJX Companies were worth $19,305,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Bogart Wealth LLC bought a new position in shares of TJX Companies in the 4th quarter worth $25,000. Millstone Evans Group LLC bought a new position in shares of TJX Companies in the 4th quarter worth $30,000. Promus Capital LLC bought a new position in shares of TJX Companies in the 4th quarter worth $32,000. Tacita Capital Inc bought a new position in shares of TJX Companies in the 4th quarter worth $38,000. Finally, Rialto Wealth Management LLC raised its position in shares of TJX Companies by 105.9% in the 1st quarter. Rialto Wealth Management LLC now owns 348 shares of the apparel and home fashions retailer's stock worth $42,000 after acquiring an additional 179 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TJX. Loop Capital set a $150.00 price target on TJX Companies and gave the stock a "buy" rating in a research report on Thursday, May 22nd. BMO Capital Markets reissued an "outperform" rating on shares of TJX Companies in a research report on Wednesday, May 21st. Wall Street Zen upgraded TJX Companies from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Barclays restated an "overweight" rating and set a $147.00 target price (up from $137.00) on shares of TJX Companies in a research note on Thursday, May 22nd. Finally, Cowen reiterated a "buy" rating on shares of TJX Companies in a research note on Tuesday, May 20th. One equities research analyst has rated the stock with a hold rating and eighteen have given a buy rating to the company. Based on data from MarketBeat, TJX Companies has a consensus rating of "Moderate Buy" and a consensus price target of $141.53.

Insider Buying and Selling

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total transaction of $121,685.50. Following the completion of the transaction, the director now owns 22,712 shares of the company's stock, valued at $2,909,180.08. This represents a 4.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.13% of the stock is currently owned by insiders.

TJX Companies Stock Performance

Shares of TJX traded down $1.51 during mid-day trading on Wednesday, reaching $124.54. The company had a trading volume of 4,145,652 shares, compared to its average volume of 5,214,761. The TJX Companies, Inc. has a 52-week low of $106.18 and a 52-week high of $135.85. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $139.12 billion, a P/E ratio of 29.30, a PEG ratio of 2.75 and a beta of 0.90. The stock has a 50 day moving average of $127.67 and a two-hundred day moving average of $124.22.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings results on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share for the quarter, topping analysts' consensus estimates of $0.90 by $0.02. The company had revenue of $13.11 billion during the quarter, compared to analysts' expectations of $13.01 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. TJX Companies's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.93 EPS. On average, analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be issued a $0.425 dividend. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a yield of 1.37%. TJX Companies's payout ratio is 40.00%.

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.