Global Financial Private Capital LLC reduced its holdings in TJX Companies Inc (NYSE:TJX) by 20.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,565 shares of the apparel and home fashions retailer’s stock after selling 1,160 shares during the quarter. Global Financial Private Capital LLC’s holdings in TJX Companies were worth $349,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of TJX. Zions Bancorporation grew its position in TJX Companies by 185.9% during the third quarter. Zions Bancorporation now owns 1,358 shares of the apparel and home fashions retailer’s stock worth $100,000 after buying an additional 883 shares in the last quarter. Franklin Street Advisors Inc. NC acquired a new stake in TJX Companies during the fourth quarter worth about $203,000. IFC Holdings Incorporated FL acquired a new stake in TJX Companies during the third quarter worth about $203,000. Noesis Capital Mangement Corp acquired a new stake in TJX Companies during the third quarter worth about $203,000. Finally, Calton & Associates Inc. acquired a new stake in TJX Companies during the fourth quarter worth about $231,000. 89.67% of the stock is currently owned by institutional investors.
A number of equities research analysts recently weighed in on the company. Zacks Investment Research raised TJX Companies from a “hold” rating to a “strong-buy” rating and set a $88.00 target price on the stock in a research report on Friday. Goldman Sachs Group set a $79.00 target price on TJX Companies and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Nomura decreased their target price on TJX Companies from $80.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, November 15th. Citigroup decreased their target price on TJX Companies from $88.00 to $81.00 and set a “buy” rating on the stock in a research report on Wednesday, November 15th. Finally, BMO Capital Markets set a $85.00 target price on TJX Companies and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Four investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $82.11.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Wednesday, February 14th. TJX Companies’s dividend payout ratio is 33.78%.
COPYRIGHT VIOLATION WARNING: “TJX Companies Inc (TJX) Shares Sold by Global Financial Private Capital LLC” was reported by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at https://www.com-unik.info/2018/02/20/tjx-companies-inc-tjx-shares-sold-by-global-financial-private-capital-llc.html.
TJX Companies Company Profile
The TJX Companies, Inc (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States were collectively the off-price retailer in the United States with a total of 2,221 stores, as of January 28, 2017.
Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TJX Companies Inc (NYSE:TJX).
Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.