Savant Capital LLC Buys 2,299 Shares of The TJX Companies, Inc. (NYSE:TJX)

Savant Capital LLC increased its stake in The TJX Companies, Inc. (NYSE:TJX) by 7.7% during the fourth quarter, HoldingsChannel reports. The firm owned 32,282 shares of the apparel and home fashions retailer’s stock after acquiring an additional 2,299 shares during the period. Savant Capital LLC’s holdings in TJX Companies were worth $3,900,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Trivant Custom Portfolio Group LLC bought a new stake in shares of TJX Companies in the 4th quarter worth approximately $26,000. Capital Performance Advisors LLP bought a new stake in TJX Companies during the 3rd quarter valued at $29,000. Truvestments Capital LLC bought a new stake in TJX Companies during the 3rd quarter valued at $29,000. Copeland Capital Management LLC bought a new stake in TJX Companies during the 3rd quarter valued at $30,000. Finally, Legacy Investment Solutions LLC bought a new stake in TJX Companies during the 3rd quarter valued at $30,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 0.2 %

Shares of NYSE:TJX opened at $124.66 on Wednesday. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The firm has a fifty day moving average of $123.23 and a 200 day moving average of $118.85. The firm has a market capitalization of $140.14 billion, a PE ratio of 29.33, a price-to-earnings-growth ratio of 2.82 and a beta of 0.91. 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 posted its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.05. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. During the same period in the prior year, the business posted $1.03 earnings per share. The company’s revenue was up 6.0% on a year-over-year basis. As a group, research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders 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 annualized dividend and a yield of 1.20%. TJX Companies’s payout ratio is 35.29%.

Wall Street Analyst Weigh In

TJX has been the topic of a number of analyst reports. Morgan Stanley boosted their target price on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Wells Fargo & Company boosted their target price on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. UBS Group boosted their target price on shares of TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Evercore ISI boosted their target price on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Two investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $133.53.

About TJX Companies

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.