Atlas Brown Inc. Boosts Holdings in The TJX Companies, Inc. (NYSE:TJX)

Atlas Brown Inc. boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,215 shares of the apparel and home fashions retailer’s stock after acquiring an additional 133 shares during the period. TJX Companies comprises 1.2% of Atlas Brown Inc.’s portfolio, making the stock its 23rd largest holding. Atlas Brown Inc.’s holdings in TJX Companies were worth $3,409,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of TJX. Wealth Enhancement Advisory Services LLC boosted its stake in shares of TJX Companies by 43.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 888,668 shares of the apparel and home fashions retailer’s stock valued at $104,455,000 after acquiring an additional 269,331 shares during the last quarter. ORG Partners LLC boosted its stake in shares of TJX Companies by 45.1% during the 4th quarter. ORG Partners LLC now owns 2,442 shares of the apparel and home fashions retailer’s stock worth $295,000 after purchasing an additional 759 shares during the last quarter. Legacy Private Trust Co. grew its holdings in shares of TJX Companies by 11.6% during the fourth quarter. Legacy Private Trust Co. now owns 28,004 shares of the apparel and home fashions retailer’s stock worth $3,383,000 after buying an additional 2,920 shares in the last quarter. Private Client Services LLC acquired a new position in shares of TJX Companies in the fourth quarter valued at approximately $223,000. Finally, Norway Savings Bank raised its holdings in TJX Companies by 8.7% in the 4th quarter. Norway Savings Bank now owns 12,978 shares of the apparel and home fashions retailer’s stock valued at $1,568,000 after acquiring an additional 1,037 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 1.4 %

Shares of TJX Companies stock traded down $1.74 during trading on Friday, reaching $119.91. The company had a trading volume of 2,744,268 shares, compared to its average volume of 4,213,935. The company has a market cap of $134.80 billion, a price-to-earnings ratio of 28.21, a price-to-earnings-growth ratio of 3.07 and a beta of 0.91. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The firm’s fifty day moving average is $121.91 and its 200-day moving average is $117.05. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19.

TJX Companies (NYSE:TJX) last announced 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 for the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period last year, the business posted $1.03 earnings per share. On average, analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be given a dividend of $0.375 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.25%. TJX Companies’s dividend payout ratio is currently 35.29%.

Analyst Upgrades and Downgrades

TJX has been the topic of several research analyst reports. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Robert W. Baird raised their price target on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Evercore ISI lifted their price target on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. TD Cowen raised their target price on shares of TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Finally, Wells Fargo & Company upped their price target on shares of TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday. Three investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $131.33.

TJX Companies Company 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.