The TJX Companies, Inc. (NYSE:TJX) Shares Bought by WealthShield Partners LLC

WealthShield Partners LLC boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,870 shares of the apparel and home fashions retailer’s stock after buying an additional 680 shares during the period. WealthShield Partners LLC’s holdings in TJX Companies were worth $3,246,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of TJX. Bogart Wealth LLC acquired a new stake in TJX Companies during the 4th quarter worth about $25,000. Trivant Custom Portfolio Group LLC acquired a new stake in TJX Companies during the 4th quarter worth about $26,000. Capital Performance Advisors LLP acquired a new stake in TJX Companies during the 3rd quarter worth about $29,000. Truvestments Capital LLC acquired a new stake in TJX Companies during the 3rd quarter worth about $29,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies in the 3rd quarter valued at about $30,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on TJX shares. Wells Fargo & Company upped their target price on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Jefferies Financial Group upped their target price on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. TD Cowen upped their target price on TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a report on Friday, November 22nd. UBS Group upped their target price on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Finally, Evercore ISI increased their price objective on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a 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 company’s stock. Based on data from MarketBeat.com, TJX Companies currently has an average rating of “Moderate Buy” and a consensus price target of $134.18.

TJX Companies Stock Down 1.5 %

TJX opened at $121.08 on Monday. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $128.00. 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 stock has a market capitalization of $136.11 billion, a price-to-earnings ratio of 28.49, a P/E/G ratio of 2.75 and a beta of 0.91. The business has a 50 day moving average of $122.86 and a 200-day moving average of $119.64.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders 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 annualized dividend and a dividend yield of 1.24%. TJX Companies’s dividend payout ratio is 35.29%.

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.