The TJX Companies, Inc. (NYSE:TJX) Holdings Raised by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. boosted its stake in The TJX Companies, Inc. (NYSE:TJX) by 4.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 18,849 shares of the apparel and home fashions retailer’s stock after acquiring an additional 862 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in TJX Companies were worth $2,277,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of TJX. Bogart Wealth LLC acquired a new position in shares of TJX Companies during the fourth quarter valued at approximately $25,000. Trivant Custom Portfolio Group LLC acquired a new position in TJX Companies during the fourth quarter worth about $26,000. Capital Performance Advisors LLP acquired a new stake in TJX Companies in the 3rd quarter valued at about $29,000. Truvestments Capital LLC bought a new position in shares of TJX Companies during the 3rd quarter valued at about $29,000. Finally, Copeland Capital Management LLC acquired a new position in shares of TJX Companies in the 3rd quarter worth approximately $30,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Down 1.2 %

Shares of TJX stock opened at $124.33 on Monday. The company has a market capitalization of $139.77 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 2.82 and a beta of 0.91. 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’s 50 day simple moving average is $123.17 and its 200 day simple moving average is $119.15. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00.

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 (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.05. The business had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. TJX Companies’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.03 EPS. As a group, research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio is 35.29%.

Analyst Ratings Changes

A number of brokerages recently weighed in on TJX. UBS Group raised their target price on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a report on Friday, January 10th. TD Cowen boosted their target price on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Jefferies Financial Group lifted their price target on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Robert W. Baird lifted their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Finally, StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Two 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.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $133.53.

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.