Unique Wealth LLC Has $240,000 Position in The TJX Companies, Inc. (NYSE:TJX)

Unique Wealth LLC grew its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 9.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,989 shares of the apparel and home fashions retailer’s stock after acquiring an additional 170 shares during the quarter. Unique Wealth LLC’s holdings in TJX Companies were worth $240,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. AdvisorNet Financial Inc boosted its position in shares of TJX Companies by 6.8% during the 4th quarter. AdvisorNet Financial Inc now owns 2,301 shares of the apparel and home fashions retailer’s stock worth $278,000 after purchasing an additional 146 shares in the last quarter. Marion Wealth Management lifted its position in shares of TJX Companies by 1.9% during the 4th quarter. Marion Wealth Management now owns 21,273 shares of the apparel and home fashions retailer’s stock worth $2,570,000 after buying an additional 391 shares in the last quarter. Courier Capital LLC lifted its position in shares of TJX Companies by 55.1% during the 4th quarter. Courier Capital LLC now owns 34,487 shares of the apparel and home fashions retailer’s stock worth $4,166,000 after buying an additional 12,247 shares in the last quarter. Miracle Mile Advisors LLC lifted its position in shares of TJX Companies by 43.0% during the 4th quarter. Miracle Mile Advisors LLC now owns 21,102 shares of the apparel and home fashions retailer’s stock worth $2,549,000 after buying an additional 6,344 shares in the last quarter. Finally, Bar Harbor Wealth Management lifted its position in shares of TJX Companies by 1.2% during the 4th quarter. Bar Harbor Wealth Management now owns 101,605 shares of the apparel and home fashions retailer’s stock worth $12,275,000 after buying an additional 1,172 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the topic of several recent analyst reports. Jefferies Financial Group lifted their target price on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Telsey Advisory Group restated an “outperform” rating and set a $134.00 price target on shares of TJX Companies in a research note on Friday, December 6th. Robert W. Baird raised their price target 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. Evercore ISI raised their price target on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Finally, TD Cowen raised their price target on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Three 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, TJX Companies has a consensus rating of “Moderate Buy” and an average target price of $131.33.

TJX Companies Stock Down 0.1 %

TJX opened at $119.96 on Tuesday. The company has a fifty day moving average price of $122.21 and a 200-day moving average price of $117.27. The firm has a market capitalization of $134.85 billion, a P/E ratio of 28.23, a price-to-earnings-growth ratio of 3.07 and a beta of 0.91. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The TJX Companies, Inc. has a one year low of $92.35 and a one year 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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The company had revenue of $14.06 billion during the quarter, compared to the consensus estimate 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 was up 6.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.03 EPS. Equities research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

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

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.