Community Financial Services Group LLC Boosts Stake in The TJX Companies, Inc. (NYSE:TJX)

Community Financial Services Group LLC increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,376 shares of the apparel and home fashions retailer’s stock after acquiring an additional 266 shares during the quarter. Community Financial Services Group LLC’s holdings in TJX Companies were worth $2,462,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Beacon Financial Group purchased a new stake in shares of TJX Companies in the 4th quarter worth about $202,000. Schear Investment Advisers LLC lifted its holdings in TJX Companies by 8.0% during the fourth quarter. Schear Investment Advisers LLC now owns 14,834 shares of the apparel and home fashions retailer’s stock valued at $1,792,000 after purchasing an additional 1,095 shares in the last quarter. Leavell Investment Management Inc. lifted its holdings in TJX Companies by 11.7% in the 4th quarter. Leavell Investment Management Inc. now owns 3,834 shares of the apparel and home fashions retailer’s stock worth $463,000 after purchasing an additional 403 shares in the last quarter. Portfolio Design Labs LLC lifted its stake in TJX Companies by 36.6% in the 4th quarter. Portfolio Design Labs LLC now owns 19,040 shares of the apparel and home fashions retailer’s stock worth $2,300,000 after purchasing an additional 5,105 shares in the last quarter. Finally, Fishman Jay A Ltd. MI boosted its position in shares of TJX Companies by 1.5% during the 4th quarter. Fishman Jay A Ltd. MI now owns 16,251 shares of the apparel and home fashions retailer’s stock valued at $1,963,000 after acquiring an additional 243 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Trading Down 0.2 %

Shares of TJX Companies stock opened at $124.66 on Wednesday. The company has a market capitalization of $140.14 billion, a P/E ratio of 29.33, a P/E/G ratio of 2.82 and a beta of 0.91. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The business has a 50 day moving average price of $123.23 and a 200 day moving average price of $118.85.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The business had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 EPS. Sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.20%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio is presently 35.29%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Guggenheim raised their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Deutsche Bank Aktiengesellschaft lifted their price objective 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. UBS Group lifted their price objective on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Telsey Advisory Group restated an “outperform” rating and set a $134.00 price target on shares of TJX Companies in a research note on Friday, December 6th. Finally, StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Two investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $133.53.

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.