The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Asio Capital LLC

Asio Capital LLC lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,778 shares of the apparel and home fashions retailer’s stock after purchasing an additional 100 shares during the quarter. Asio Capital LLC’s holdings in TJX Companies were worth $336,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC increased its holdings in TJX Companies by 13,309.4% in the 3rd quarter. International Assets Investment Management LLC now owns 1,191,155 shares of the apparel and home fashions retailer’s stock worth $140,008,000 after acquiring an additional 1,182,272 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its stake in shares of TJX Companies by 161.3% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer’s stock worth $210,003,000 after purchasing an additional 1,102,912 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of TJX Companies by 281.6% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,235,037 shares of the apparel and home fashions retailer’s stock worth $145,166,000 after purchasing an additional 911,351 shares during the last quarter. Canoe Financial LP lifted its stake in TJX Companies by 564.0% in the 4th quarter. Canoe Financial LP now owns 1,064,217 shares of the apparel and home fashions retailer’s stock valued at $128,568,000 after buying an additional 903,939 shares in the last quarter. Finally, Nordea Investment Management AB boosted its holdings in TJX Companies by 13.3% in the 4th quarter. Nordea Investment Management AB now owns 7,031,237 shares of the apparel and home fashions retailer’s stock worth $850,428,000 after buying an additional 827,103 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TJX has been the subject of a number of research analyst reports. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. TD Cowen increased their price objective on TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Jefferies Financial Group lifted their target price on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Guggenheim increased their target price on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Finally, Evercore ISI boosted their price target on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $131.67.

TJX Companies Stock Up 0.0 %

Shares of NYSE:TJX opened at $122.61 on Friday. The company has a market capitalization of $137.83 billion, a price-to-earnings ratio of 28.85, a PEG ratio of 3.00 and a beta of 0.91. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The business has a 50-day moving average price of $122.84 and a 200 day moving average price of $117.86. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, beating 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 net margin of 8.63% and a return on equity of 61.82%. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period last year, the business earned $1.03 earnings per share. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders 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 annualized dividend and a dividend yield of 1.22%. TJX Companies’s dividend 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.