The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Highview Capital Management LLC DE

Highview Capital Management LLC DE increased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,565 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,078 shares during the period. TJX Companies makes up 1.2% of Highview Capital Management LLC DE’s holdings, making the stock its 26th biggest position. Highview Capital Management LLC DE’s holdings in TJX Companies were worth $3,089,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bogart Wealth LLC acquired a new position in shares of TJX Companies during the fourth quarter valued at approximately $25,000. Trivant Custom Portfolio Group LLC purchased a new stake in shares of TJX Companies during the fourth quarter worth $26,000. Capital Performance Advisors LLP purchased a new position in shares of TJX Companies in the third quarter worth about $29,000. Legacy Investment Solutions LLC acquired a new position in TJX Companies during the third quarter worth about $30,000. Finally, Truvestments Capital LLC acquired a new stake in TJX Companies in the 3rd quarter valued at about $29,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Price Performance

Shares of NYSE TJX opened at $124.33 on Monday. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00. The stock has a market cap of $139.77 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 2.82 and a beta of 0.91. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The company’s 50-day moving average price is $123.17 and its 200 day moving average price is $119.15.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The business 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%. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.03 earnings per share. As a group, research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders 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 dividend yield of 1.21%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio is presently 35.29%.

Analyst Ratings Changes

A number of brokerages have commented on TJX. 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 note on Thursday, December 5th. Morgan Stanley lifted their price target on shares of TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. Telsey Advisory Group restated an “outperform” rating and set a $134.00 target price on shares of TJX Companies in a research note on Friday, December 6th. Robert W. Baird upped their target price on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Two research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, TJX Companies presently has an average rating of “Moderate Buy” and an average target price 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.