Cottonwood Capital Advisors LLC Invests $227,000 in The TJX Companies, Inc. (NYSE:TJX)

Cottonwood Capital Advisors LLC purchased a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 1,881 shares of the apparel and home fashions retailer’s stock, valued at approximately $227,000.

Other large investors have also modified their holdings of the company. Trivant Custom Portfolio Group LLC bought a new position in shares of TJX Companies during the fourth quarter worth about $26,000. Capital Performance Advisors LLP acquired a new stake in TJX Companies during the third quarter worth about $29,000. Legacy Investment Solutions LLC acquired a new stake in TJX Companies during the third quarter worth about $30,000. Truvestments Capital LLC acquired a new stake in TJX Companies during the third quarter worth about $29,000. Finally, Copeland Capital Management LLC acquired a new stake in TJX Companies during the third quarter worth about $30,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

NYSE TJX opened at $122.61 on Friday. The firm has a market capitalization of $137.83 billion, a PE ratio of 28.85, a P/E/G 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 company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The company’s 50 day simple moving average is $122.79 and its 200 day simple moving average is $117.79.

TJX Companies (NYSE:TJX) last issued its earnings results 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. The firm 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 firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the firm posted $1.03 earnings per share. As a group, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced 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 payout ratio is 35.29%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. UBS Group increased their price objective on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Robert W. Baird increased their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. 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 raised their price target on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $134.00 price target on shares of TJX Companies in a research note on Friday, December 6th. Three analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $131.67.

TJX Companies Company 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.