The TJX Companies, Inc. (NYSE:TJX – Get Rating) Director Amy B. Lane sold 3,200 shares of the firm’s stock in a transaction on Monday, November 21st. The stock was sold at an average price of $78.86, for a total value of $252,352.00. Following the transaction, the director now owns 26,531 shares in the company, valued at $2,092,234.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
TJX Companies Price Performance
Shares of TJX opened at $80.54 on Friday. The firm has a market capitalization of $93.51 billion, a price-to-earnings ratio of 28.06, a price-to-earnings-growth ratio of 2.46 and a beta of 0.90. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.41 and a current ratio of 1.16. The TJX Companies, Inc. has a one year low of $53.69 and a one year high of $80.86. The stock’s fifty day moving average is $68.49 and its 200-day moving average is $63.79.
TJX Companies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, November 10th will be issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Wednesday, November 9th. TJX Companies’s payout ratio is currently 41.11%.
Analysts Set New Price Targets
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. GPS Wealth Strategies Group LLC grew its holdings in TJX Companies by 119.4% during the second quarter. GPS Wealth Strategies Group LLC now owns 452 shares of the apparel and home fashions retailer’s stock worth $25,000 after acquiring an additional 246 shares during the period. Financial Management Professionals Inc. grew its holdings in TJX Companies by 117.7% during the second quarter. Financial Management Professionals Inc. now owns 468 shares of the apparel and home fashions retailer’s stock worth $26,000 after acquiring an additional 253 shares during the period. Grayhawk Investment Strategies Inc. acquired a new position in TJX Companies during the second quarter worth about $26,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in TJX Companies during the third quarter worth about $27,000. Finally, Northern Oak Wealth Management Inc. acquired a new position in TJX Companies during the second quarter worth about $28,000. 90.42% of the stock is owned by institutional investors and hedge funds.
TJX Companies Company Profile
The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer. 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, kids, and gourmet food departments; jewelry and accessories; and other merchandise.
- Get a free copy of the StockNews.com research report on TJX Companies (TJX)
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
- Three CBD Stocks to Dominate a Budding Industry
- Is the 60/40 Portfolio Mix Still in Vogue?
- Institutional Support for Analog Devices Remains High
- Microsoft Shares: Is it Time to Back Up the Truck?
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.