Centennial Bank AR Sells 121 Shares of The TJX Companies, Inc. (NYSE:TJX)

Centennial Bank AR cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 8.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,257 shares of the apparel and home fashions retailer’s stock after selling 121 shares during the period. Centennial Bank AR’s holdings in TJX Companies were worth $138,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Valued Wealth Advisors LLC increased its position in shares of TJX Companies by 260.3% during the 1st quarter. Valued Wealth Advisors LLC now owns 245 shares of the apparel and home fashions retailer’s stock valued at $25,000 after purchasing an additional 177 shares during the last quarter. Richard W. Paul & Associates LLC purchased a new stake in TJX Companies in the 2nd quarter worth about $25,000. OFI Invest Asset Management purchased a new stake in TJX Companies in the 1st quarter worth about $30,000. AlphaMark Advisors LLC grew its holdings in TJX Companies by 58.4% during the 1st quarter. AlphaMark Advisors LLC now owns 331 shares of the apparel and home fashions retailer’s stock valued at $34,000 after buying an additional 122 shares in the last quarter. Finally, New Millennium Group LLC purchased a new position in TJX Companies during the 2nd quarter valued at about $34,000. 91.09% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total value of $1,763,100.00. Following the completion of the sale, the chief executive officer now directly owns 536,148 shares in the company, valued at $63,018,835.92. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.13% of the stock is currently owned by company insiders.

TJX Companies Stock Performance

NYSE TJX opened at $116.64 on Wednesday. The stock has a market capitalization of $131.55 billion, a PE ratio of 28.94, a P/E/G ratio of 2.97 and a beta of 0.89. The business has a 50 day simple moving average of $115.40 and a two-hundred day simple moving average of $107.29. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.21 and a quick ratio of 0.60. The TJX Companies, Inc. has a 1-year low of $86.71 and a 1-year high of $121.13.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.04. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The business had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.31 billion. During the same period last year, the company earned $0.85 EPS. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, research analysts predict that The TJX Companies, Inc. will post 4.15 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be issued a dividend of $0.375 per share. The ex-dividend date is Thursday, November 14th. This represents a $1.50 annualized dividend and a yield of 1.29%. TJX Companies’s payout ratio is currently 37.22%.

Analyst Upgrades and Downgrades

TJX has been the subject of a number of recent analyst reports. Jefferies Financial Group lifted their target price on TJX Companies from $130.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Sunday, September 15th. UBS Group boosted their price objective on TJX Companies from $134.00 to $148.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Morgan Stanley boosted their target price on TJX Companies from $122.00 to $129.00 and gave the company an “overweight” rating in a research note on Thursday, August 22nd. Finally, Bank of America boosted their target price on TJX Companies from $115.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $126.76.

About TJX Companies

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.