The TJX Companies, Inc. (NYSE:TJX) Stock Holdings Raised by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 528,460 shares of the apparel and home fashions retailer’s stock after purchasing an additional 15,980 shares during the period. Asset Management One Co. Ltd.’s holdings in TJX Companies were worth $65,478,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Trivant Custom Portfolio Group LLC acquired a new stake in TJX Companies during the fourth quarter valued at approximately $26,000. Capital Performance Advisors LLP bought a new stake in shares of TJX Companies in the 3rd quarter valued at approximately $29,000. Truvestments Capital LLC acquired a new stake in shares of TJX Companies during the 3rd quarter valued at approximately $29,000. Copeland Capital Management LLC bought a new position in TJX Companies during the third quarter worth $30,000. Finally, Legacy Investment Solutions LLC acquired a new position in TJX Companies in the third quarter worth $30,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have weighed in on TJX shares. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. TD Cowen boosted their price objective on shares of TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Deutsche Bank Aktiengesellschaft lifted their target price on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Morgan Stanley increased their price target on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Finally, Jefferies Financial Group raised their price target on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Two research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $133.53.

TJX Companies Stock Up 1.2 %

Shares of TJX stock opened at $125.88 on Friday. The business’s fifty day moving average is $123.20 and its 200-day moving average is $118.98. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The stock has a market cap of $141.50 billion, a PE ratio of 29.62, 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 issued its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping 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 firm had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $13.95 billion. During the same period in the previous year, the business earned $1.03 earnings per share. TJX Companies’s revenue for the quarter was up 6.0% compared to the same quarter last year. 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 disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders 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 annualized dividend and a yield of 1.19%. TJX Companies’s payout ratio is presently 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.