The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by My Legacy Advisors LLC

My Legacy Advisors LLC raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,301 shares of the apparel and home fashions retailer’s stock after acquiring an additional 235 shares during the period. My Legacy Advisors LLC’s holdings in TJX Companies were worth $1,465,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Trivant Custom Portfolio Group LLC bought a new stake in shares of TJX Companies during the fourth quarter valued at about $26,000. Capital Performance Advisors LLP bought a new stake in shares of TJX Companies during the 3rd quarter worth about $29,000. Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies in the 3rd quarter worth approximately $30,000. Truvestments Capital LLC acquired a new stake in shares of TJX Companies in the 3rd quarter worth approximately $29,000. Finally, Copeland Capital Management LLC acquired a new position in shares of TJX Companies during the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TJX. Wells Fargo & Company upped their target price on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. TD Cowen upped their price objective on TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $134.00 target price on shares of TJX Companies in a report on Friday, December 6th. Guggenheim upped their price target on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, Robert W. Baird raised their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, TJX Companies presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.33.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $121.89 on Friday. The company’s fifty day moving average is $122.56 and its two-hundred day moving average is $117.46. The company has a market cap of $137.03 billion, a P/E ratio of 28.68, a price-to-earnings-growth ratio of 2.94 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. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.05. The firm had revenue of $14.06 billion for 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%. During the same period in the previous year, the firm earned $1.03 earnings per share. TJX Companies’s quarterly revenue was up 6.0% on a year-over-year basis. Equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business 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 $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is 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.