First Horizon Advisors Inc. Has $26.06 Million Position in The TJX Companies, Inc. (NYSE:TJX)

First Horizon Advisors Inc. raised its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 215,693 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,677 shares during the quarter. First Horizon Advisors Inc.’s holdings in TJX Companies were worth $26,058,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Bogart Wealth LLC acquired a new stake in TJX Companies during the 4th quarter valued at $25,000. Trivant Custom Portfolio Group LLC purchased a new position in shares of TJX Companies during the 4th quarter valued at $26,000. Capital Performance Advisors LLP purchased a new position in shares of TJX Companies during the 3rd quarter valued at $29,000. Legacy Investment Solutions LLC purchased a new position in shares of TJX Companies during the 3rd quarter valued at $30,000. Finally, Truvestments Capital LLC purchased a new position in shares of TJX Companies during the 3rd quarter valued at $29,000. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on TJX shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Evercore ISI boosted their price target on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. TD Cowen boosted their price target on shares of TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Telsey Advisory Group restated an “outperform” rating and set a $145.00 price target on shares of TJX Companies in a report on Wednesday. Finally, Robert W. Baird boosted their price target 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. Two equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $134.18.

TJX Companies Stock Down 1.5 %

TJX Companies stock opened at $121.08 on Friday. The firm has a market cap of $136.11 billion, a price-to-earnings ratio of 28.49, a P/E/G ratio of 2.75 and a beta of 0.91. 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 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 fifty day moving average price of $122.86 and a two-hundred day moving average price of $119.55.

TJX Companies (NYSE:TJX) last released 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 analyst estimates 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 was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 EPS. As a group, analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently announced 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. This represents a $1.50 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio is 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.