6,802 Shares in The TJX Companies, Inc. (NYSE:TJX) Acquired by Clarus Wealth Advisors

Clarus Wealth Advisors purchased a new stake in The TJX Companies, Inc. (NYSE:TJX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,802 shares of the apparel and home fashions retailer’s stock, valued at approximately $815,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in TJX. Capital Performance Advisors LLP purchased a new position in shares of TJX Companies in the third quarter worth about $29,000. Truvestments Capital LLC purchased a new position in shares of TJX Companies during the 3rd quarter valued at about $29,000. Copeland Capital Management LLC purchased a new position in TJX Companies in the 3rd quarter worth $30,000. Legacy Investment Solutions LLC bought a new stake in TJX Companies in the third quarter valued at approximately $30,000. Finally, Northwest Investment Counselors LLC purchased a new stake in shares of TJX Companies during the third quarter worth about $37,000. 91.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Evercore ISI lifted their target price on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. Guggenheim increased their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Telsey Advisory Group restated an “outperform” rating and issued a $134.00 price target on shares of TJX Companies in a research note on Friday, December 6th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Finally, UBS Group boosted their price target on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, TJX Companies presently has an average rating of “Moderate Buy” and an average price target of $131.33.

TJX Companies Stock Down 0.5 %

Shares of NYSE TJX opened at $119.29 on Wednesday. The company has a market cap of $134.10 billion, a P/E ratio of 28.07, a PEG ratio of 3.07 and a beta of 0.91. The firm has a 50-day simple moving average of $122.32 and a two-hundred day simple moving average of $117.34. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The firm had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. TJX Companies’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period last year, the company earned $1.03 EPS. Research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date is Thursday, February 13th. TJX Companies’s payout ratio is 35.29%.

TJX Companies 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.