TJX Cos. Director Sells $1,533,840 in Stock (TJX)
TJX Cos. (NYSE:TJX) Director Willow Shire sold 24,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $63.91, for a total value of $1,533,840.00. Following the transaction, the director now directly owns 16,564 shares in the company, valued at approximately $1,058,605. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of TJX Cos. (NYSE:TJX) traded down 0.39% on Thursday, hitting $63.48. The stock had a trading volume of 2,098,457 shares. TJX Cos. has a 1-year low of $42.36 and a 1-year high of $64.09. The stock’s 50-day moving average is $62.64 and its 200-day moving average is $56.38. The company has a market cap of $45.147 billion and a P/E ratio of 21.50.
TJX Cos. (NYSE:TJX) last released its earnings data on Tuesday, November 19th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.01. The company had revenue of $6.98 billion for the quarter, compared to the consensus estimate of $6.91 billion. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 8.9% on a year-over-year basis.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, March 6th. Investors of record on Thursday, February 13th will be given a dividend of 0.145 per share. This represents a $0.58 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend is Tuesday, February 11th.
A number of analysts have recently weighed in on TJX shares. Analysts at Deutsche Bank reiterated a “buy” rating on shares of TJX Cos. in a research note to investors on Monday, December 9th. They now have a $69.00 price target on the stock, up previously from $66.00. Separately, analysts at Atlantic Securities initiated coverage on shares of TJX Cos. in a research note to investors on Monday, December 9th. They set an “overweight” rating on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of TJX Cos. from $65.00 to $72.00 in a research note to investors on Wednesday, November 20th. They now have a “buy” rating on the stock. Eight equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $63.14.
The TJX Companies, Inc (NYSE:TJX) is the off-price apparel and home fashions retailer in the United States and worldwide.
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