The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. reduced its position in The TJX Companies, Inc. (NYSE:TJX) by 1.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,072,715 shares of the apparel and home fashions retailer’s stock after selling 15,173 shares during the quarter. Epoch Investment Partners Inc. owned about 0.10% of TJX Companies worth $129,595,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of TJX. Bogart Wealth LLC purchased a new position in TJX Companies during the fourth quarter worth about $25,000. Trivant Custom Portfolio Group LLC acquired a new position in TJX Companies during the 4th quarter worth approximately $26,000. SOA Wealth Advisors LLC. purchased a new position in shares of TJX Companies during the 4th quarter worth approximately $30,000. Millstone Evans Group LLC acquired a new stake in shares of TJX Companies in the 4th quarter valued at approximately $30,000. Finally, Promus Capital LLC purchased a new stake in shares of TJX Companies in the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on TJX shares. UBS Group increased their price objective on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Barclays increased their price target on shares of TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, February 27th. Citigroup raised shares of TJX Companies from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $128.00 to $140.00 in a report on Thursday, April 3rd. Robert W. Baird increased their target price on shares of TJX Companies from $138.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Finally, Wells Fargo & Company boosted their price target on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, TJX Companies presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.76.

TJX Companies Price Performance

NYSE:TJX opened at $127.51 on Friday. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $131.30. The firm has a market cap of $142.44 billion, a price-to-earnings ratio of 30.00, a price-to-earnings-growth ratio of 2.75 and a beta of 0.86. The company’s 50-day moving average is $121.84 and its two-hundred day moving average is $121.01. 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) last announced 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 the consensus estimate of $1.16 by $0.07. The business had revenue of $16.35 billion for the quarter, compared to the consensus estimate of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. Research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be given a $0.425 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.33%. This is an increase from TJX Companies’s previous quarterly dividend of $0.38. TJX Companies’s payout ratio is currently 39.91%.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total value of $2,882,346.84. Following the sale, the chief executive officer now directly owns 484,189 shares of the company’s stock, valued at approximately $59,569,772.67. This trade represents a 4.62 % decrease in their ownership of the stock. 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 the company’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The disclosure for this sale can be found here. Insiders own 0.13% of the company’s stock.

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.