The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Central Bank & Trust Co.

Central Bank & Trust Co. lifted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 9.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,755 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,569 shares during the period. Central Bank & Trust Co.’s holdings in TJX Companies were worth $2,266,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Trivant Custom Portfolio Group LLC purchased a new stake in shares of TJX Companies during the fourth quarter worth $26,000. Capital Performance Advisors LLP acquired a new position in TJX Companies during the 3rd quarter worth $29,000. Truvestments Capital LLC purchased a new stake in TJX Companies during the 3rd quarter worth about $29,000. Copeland Capital Management LLC acquired a new stake in TJX Companies in the 3rd quarter valued at about $30,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of TJX Companies in the 3rd quarter valued at about $30,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Guggenheim upped their target price 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. Robert W. Baird raised 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. Evercore ISI boosted their target price on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. UBS Group raised their price target on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Finally, StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $131.33.

TJX Companies Price Performance

Shares of TJX opened at $121.89 on Tuesday. 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 TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The firm has a 50-day simple moving average of $122.56 and a 200-day simple moving average of $117.56. The company has a market capitalization of $137.03 billion, a price-to-earnings ratio of 28.68, a price-to-earnings-growth ratio of 2.98 and a beta of 0.91.

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

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a dividend of $0.375 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.23%. TJX Companies’s payout ratio is currently 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.