Caprock Group LLC Has $4.71 Million Stock Position in The TJX Companies, Inc. (NYSE:TJX)

Caprock Group LLC boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 9.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,014 shares of the apparel and home fashions retailer’s stock after buying an additional 3,504 shares during the quarter. Caprock Group LLC’s holdings in TJX Companies were worth $4,713,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of TJX. Trivant Custom Portfolio Group LLC bought a new stake in TJX Companies in the 4th quarter valued at $26,000. Capital Performance Advisors LLP bought a new position in shares of TJX Companies in the third quarter valued at about $29,000. Truvestments Capital LLC acquired a new stake in shares of TJX Companies during the 3rd quarter worth about $29,000. Copeland Capital Management LLC acquired a new stake in shares of TJX Companies during the 3rd quarter worth about $30,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies during the 3rd quarter worth about $30,000. Institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on TJX shares. Guggenheim raised their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. UBS Group upped their price objective on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Robert W. Baird lifted their target price on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $131.67.

TJX Companies Price Performance

Shares of TJX stock opened at $124.83 on Friday. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve 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. The business has a fifty day simple moving average of $123.25 and a 200 day simple moving average of $118.18. The company has a market cap of $140.33 billion, a P/E ratio of 29.37, a P/E/G ratio of 3.04 and a beta of 0.91.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping analysts’ consensus estimates 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%. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.03 earnings per share. On average, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.20%. 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.