The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,712 shares of the apparel and home fashions retailer’s stock after buying an additional 134 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in TJX Companies were worth $3,710,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Seven Eight Capital LP acquired a new position in TJX Companies in the 2nd quarter worth about $306,000. XTX Topco Ltd increased its position in shares of TJX Companies by 155.9% in the second quarter. XTX Topco Ltd now owns 12,061 shares of the apparel and home fashions retailer’s stock valued at $1,328,000 after buying an additional 7,347 shares in the last quarter. Inspire Investing LLC acquired a new position in shares of TJX Companies during the 2nd quarter worth approximately $1,070,000. Brighton Jones LLC lifted its position in shares of TJX Companies by 3.2% during the 2nd quarter. Brighton Jones LLC now owns 13,694 shares of the apparel and home fashions retailer’s stock valued at $1,508,000 after buying an additional 420 shares in the last quarter. Finally, Ieq Capital LLC grew its stake in TJX Companies by 7.1% in the 2nd quarter. Ieq Capital LLC now owns 75,345 shares of the apparel and home fashions retailer’s stock valued at $8,296,000 after acquiring an additional 4,974 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. TD Cowen upped their price objective on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Robert W. Baird boosted their target price on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $134.00 price target on shares of TJX Companies in a research note on Friday, December 6th. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Finally, Jefferies Financial Group raised their target price on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $131.33.

TJX Companies Stock Up 0.4 %

Shares of TJX opened at $121.89 on Friday. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The stock has a fifty day simple moving average of $122.48 and a two-hundred day simple moving average of $117.38. The company has a market capitalization of $137.03 billion, a PE ratio of 28.68, a price-to-earnings-growth ratio of 2.94 and a beta of 0.91.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.05. The firm had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. TJX Companies’s revenue was up 6.0% compared to the same quarter last year. During the same period last year, the business earned $1.03 earnings per share. As a group, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS 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 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s payout ratio is presently 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.