The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 120,816 shares of the apparel and home fashions retailer’s stock after acquiring an additional 4,608 shares during the period. Bryn Mawr Capital Management LLC’s holdings in TJX Companies were worth $14,596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. National Pension Service boosted its stake in TJX Companies by 2.5% during the 4th quarter. National Pension Service now owns 2,702,515 shares of the apparel and home fashions retailer’s stock worth $326,491,000 after purchasing an additional 65,146 shares during the last quarter. Advisor OS LLC lifted its stake in shares of TJX Companies by 15.1% in the fourth quarter. Advisor OS LLC now owns 3,019 shares of the apparel and home fashions retailer’s stock worth $365,000 after buying an additional 395 shares in the last quarter. Lake Street Advisors Group LLC boosted its position in TJX Companies by 1.7% during the fourth quarter. Lake Street Advisors Group LLC now owns 20,888 shares of the apparel and home fashions retailer’s stock worth $2,523,000 after acquiring an additional 348 shares during the last quarter. FFT Wealth Management LLC raised its holdings in TJX Companies by 10.5% in the 4th quarter. FFT Wealth Management LLC now owns 260,734 shares of the apparel and home fashions retailer’s stock valued at $31,499,000 after acquiring an additional 24,857 shares during the last quarter. Finally, Illinois Municipal Retirement Fund raised its holdings in TJX Companies by 3.5% in the 4th quarter. Illinois Municipal Retirement Fund now owns 216,101 shares of the apparel and home fashions retailer’s stock valued at $26,107,000 after acquiring an additional 7,269 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on TJX shares. UBS Group boosted their target price on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Guggenheim boosted their price objective on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Evercore ISI raised their target price on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Finally, TD Cowen lifted their target price on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Two investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, TJX Companies presently has an average rating of “Moderate Buy” and an average price target of $134.18.

TJX Companies Stock Up 1.0 %

Shares of TJX opened at $122.71 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The stock has a market capitalization of $137.94 billion, a PE ratio of 28.87, a P/E/G ratio of 2.75 and a beta of 0.91. The company’s 50-day simple moving average is $122.80 and its 200-day simple moving average is $119.80. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.22%. 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.