The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Webster Bank N. A.

Webster Bank N. A. grew its stake in The TJX Companies, Inc. (NYSE:TJX) by 10.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,687 shares of the apparel and home fashions retailer’s stock after buying an additional 452 shares during the quarter. Webster Bank N. A.’s holdings in TJX Companies were worth $566,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Kathmere Capital Management LLC acquired a new stake in shares of TJX Companies in the 2nd quarter valued at $214,000. SkyView Investment Advisors LLC lifted its holdings in TJX Companies by 23.4% during the 2nd quarter. SkyView Investment Advisors LLC now owns 11,326 shares of the apparel and home fashions retailer’s stock worth $1,247,000 after buying an additional 2,144 shares during the last quarter. Ascent Group LLC boosted its position in shares of TJX Companies by 6.5% during the 2nd quarter. Ascent Group LLC now owns 48,992 shares of the apparel and home fashions retailer’s stock worth $5,394,000 after acquiring an additional 3,003 shares in the last quarter. Algert Global LLC increased its holdings in shares of TJX Companies by 36.8% in the 2nd quarter. Algert Global LLC now owns 4,608 shares of the apparel and home fashions retailer’s stock valued at $507,000 after acquiring an additional 1,240 shares during the last quarter. Finally, Creative Planning raised its position in shares of TJX Companies by 3.9% during the 2nd quarter. Creative Planning now owns 306,771 shares of the apparel and home fashions retailer’s stock worth $33,775,000 after acquiring an additional 11,374 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Trading Up 0.0 %

NYSE TJX opened at $122.61 on Monday. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $137.83 billion, a P/E ratio of 28.85, a P/E/G ratio of 3.00 and a beta of 0.91. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The firm has a 50-day moving average price of $122.84 and a 200 day moving average price of $117.94.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating the consensus estimate 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 return on equity of 61.82% and a net margin of 8.63%. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period last year, the firm earned $1.03 EPS. Equities research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio is currently 35.29%.

Analyst Upgrades and Downgrades

Several brokerages have commented on TJX. StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Evercore ISI lifted their price target 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. Wells Fargo & Company boosted their price target on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. Telsey Advisory Group reiterated an “outperform” rating and set a $134.00 target price on shares of TJX Companies in a research report on Friday, December 6th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Three 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, TJX Companies presently has a consensus rating of “Moderate Buy” and an average price target of $131.67.

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.