Cottonwood Capital Advisors LLC Invests $227,000 in The TJX Companies, Inc. (NYSE:TJX)

Cottonwood Capital Advisors LLC bought a new stake in The TJX Companies, Inc. (NYSE:TJX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,881 shares of the apparel and home fashions retailer’s stock, valued at approximately $227,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Exchange Traded Concepts LLC lifted its stake in TJX Companies by 2.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 23,147 shares of the apparel and home fashions retailer’s stock valued at $2,796,000 after buying an additional 530 shares in the last quarter. CX Institutional lifted its stake in TJX Companies by 20.6% in the 4th quarter. CX Institutional now owns 57,471 shares of the apparel and home fashions retailer’s stock valued at $6,943,000 after buying an additional 9,824 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its stake in TJX Companies by 2.6% in the 4th quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 287,416 shares of the apparel and home fashions retailer’s stock valued at $34,803,000 after buying an additional 7,150 shares in the last quarter. McGlone Suttner Wealth Management Inc. lifted its stake in TJX Companies by 3.3% in the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 2,915 shares of the apparel and home fashions retailer’s stock valued at $352,000 after buying an additional 94 shares in the last quarter. Finally, Cornerstone Wealth Management LLC lifted its stake in TJX Companies by 1.8% in the 4th quarter. Cornerstone Wealth Management LLC now owns 6,063 shares of the apparel and home fashions retailer’s stock valued at $732,000 after buying an additional 110 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.0 %

Shares of NYSE TJX opened at $122.61 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The stock has a fifty day moving average price of $122.79 and a 200 day moving average price of $117.79. The company has a market cap of $137.83 billion, a P/E ratio of 28.85, a P/E/G ratio of 3.00 and a beta of 0.91. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The company 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%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 EPS. Research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.22%. TJX Companies’s payout ratio is currently 35.29%.

Analysts Set New Price Targets

TJX has been the topic of a number of recent research reports. Jefferies Financial Group upped their target price on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Telsey Advisory Group reiterated an “outperform” rating and issued a $134.00 price target on shares of TJX Companies in a report on Friday, December 6th. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Deutsche Bank Aktiengesellschaft boosted their price target on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Finally, Robert W. Baird boosted their price target on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.67.

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.