32,129 Shares in The TJX Companies, Inc. (NYSE:TJX) Bought by Vista Investment Partners LLC

Vista Investment Partners LLC purchased a new stake in The TJX Companies, Inc. (NYSE:TJX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 32,129 shares of the apparel and home fashions retailer’s stock, valued at approximately $3,882,000.

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

TJX Companies Stock Up 0.0 %

Shares of NYSE TJX opened at $122.61 on Friday. The business has a 50-day simple moving average of $122.84 and a two-hundred day simple moving average of $117.86. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00. The company has a market cap of $137.83 billion, a P/E ratio of 28.85, a P/E/G ratio of 3.00 and a beta of 0.91. 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 (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 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 company had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. During the same quarter in the previous year, the company earned $1.03 earnings per share. TJX Companies’s revenue for the quarter was up 6.0% on a year-over-year basis. Research analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be given a $0.375 dividend. The ex-dividend date 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%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TJX. Morgan Stanley boosted their target price on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. Wells Fargo & Company boosted their price objective on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. UBS Group raised their target price on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Evercore ISI boosted their price target on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Finally, Robert W. Baird increased their target price on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $131.67.

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.