The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC raised its position in The TJX Companies, Inc. (NYSE:TJX) by 4.0% in the fourth quarter, Holdings Channel reports. The fund owned 120,816 shares of the apparel and home fashions retailer’s stock after buying an additional 4,608 shares during the period. Bryn Mawr Capital Management LLC’s holdings in TJX Companies were worth $14,596,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in TJX. First Trust Direct Indexing L.P. grew its position in shares of TJX Companies by 12.4% during the third quarter. First Trust Direct Indexing L.P. now owns 47,104 shares of the apparel and home fashions retailer’s stock worth $5,537,000 after acquiring an additional 5,207 shares during the last quarter. Congress Asset Management Co. boosted its holdings in shares of TJX Companies by 1.1% in the fourth quarter. Congress Asset Management Co. now owns 1,228,840 shares of the apparel and home fashions retailer’s stock valued at $148,456,000 after acquiring an additional 13,036 shares in the last quarter. Atlas Legacy Advisors LLC purchased a new stake in shares of TJX Companies in the fourth quarter valued at about $433,000. BLB&B Advisors LLC increased its stake in shares of TJX Companies by 2.8% during the fourth quarter. BLB&B Advisors LLC now owns 81,079 shares of the apparel and home fashions retailer’s stock worth $9,795,000 after acquiring an additional 2,201 shares during the period. Finally, Empowered Funds LLC lifted its position in TJX Companies by 12.1% in the fourth quarter. Empowered Funds LLC now owns 34,186 shares of the apparel and home fashions retailer’s stock valued at $4,130,000 after purchasing an additional 3,691 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Up 1.0 %

Shares of NYSE:TJX opened at $122.71 on Wednesday. The company has a market capitalization of $137.94 billion, a P/E ratio of 28.87, a P/E/G ratio of 2.75 and a beta of 0.91. The stock’s fifty day simple moving average is $122.80 and its 200-day simple moving average is $119.80. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week 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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued 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 1.22%. TJX Companies’s dividend payout ratio (DPR) is presently 35.29%.

Wall Street Analysts Forecast Growth

TJX has been the topic of several recent analyst reports. Telsey Advisory Group reiterated an “outperform” rating and set a $145.00 target price on shares of TJX Companies in a research report on Wednesday, February 19th. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Robert W. Baird raised their target price on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Jefferies Financial Group upped their price target 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. Finally, Guggenheim boosted their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Two analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.18.

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.