The TJX Companies, Inc. (NYSE:TJX) is Stokes Capital Advisors LLC’s 3rd Largest Position

Stokes Capital Advisors LLC trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 113,330 shares of the apparel and home fashions retailer’s stock after selling 284 shares during the quarter. TJX Companies comprises about 3.5% of Stokes Capital Advisors LLC’s holdings, making the stock its 3rd biggest holding. Stokes Capital Advisors LLC’s holdings in TJX Companies were worth $13,691,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Robert W. Baird boosted their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Evercore ISI raised their price target on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. TD Cowen lifted their price objective on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Finally, Guggenheim increased their target price on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Three 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 stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.33.

TJX Companies Stock Up 0.4 %

NYSE TJX opened at $121.89 on Monday. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month 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 cap of $137.03 billion, a PE ratio of 28.68, a P/E/G ratio of 2.94 and a beta of 0.91. The stock’s 50 day moving average is $122.56 and its 200 day moving average is $117.51.

TJX Companies (NYSE:TJX) last released its 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. The firm had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.03 earnings per share. Research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.23%. TJX Companies’s dividend payout ratio (DPR) is 35.29%.

About TJX Companies

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.