J. W. Coons Advisors LLC Has $3.91 Million Stock Position in The TJX Companies, Inc. (NYSE:TJX)

J. W. Coons Advisors LLC increased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 32,398 shares of the apparel and home fashions retailer’s stock after acquiring an additional 215 shares during the period. TJX Companies comprises about 1.0% of J. W. Coons Advisors LLC’s portfolio, making the stock its 26th biggest position. J. W. Coons Advisors LLC’s holdings in TJX Companies were worth $3,914,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. WealthShield Partners LLC grew its position in TJX Companies by 2.6% during the 4th quarter. WealthShield Partners LLC now owns 26,870 shares of the apparel and home fashions retailer’s stock worth $3,246,000 after acquiring an additional 680 shares during the last quarter. Waverton Investment Management Ltd bought a new stake in TJX Companies during the 4th quarter worth $293,000. New World Advisors LLC grew its position in TJX Companies by 5.2% during the 4th quarter. New World Advisors LLC now owns 2,854,535 shares of the apparel and home fashions retailer’s stock worth $344,856,000 after acquiring an additional 141,800 shares during the last quarter. Midwest Capital Advisors LLC bought a new stake in TJX Companies during the 4th quarter worth $108,000. Finally, World Equity Group Inc. grew its position in TJX Companies by 124.4% during the 4th quarter. World Equity Group Inc. now owns 4,676 shares of the apparel and home fashions retailer’s stock worth $565,000 after acquiring an additional 2,592 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 1.5 %

TJX stock opened at $121.08 on Monday. The stock’s 50 day simple moving average is $122.86 and its 200 day simple moving average is $119.64. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. 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 company has a market cap of $136.11 billion, a P/E ratio of 28.49, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be paid 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 of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is currently 35.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TJX shares. Guggenheim boosted their price objective on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Telsey Advisory Group reiterated an “outperform” rating and issued a $145.00 price target on shares of TJX Companies in a research report on Wednesday, February 19th. Evercore ISI upped their price target on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Morgan Stanley upped their price target on TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Finally, Wells Fargo & Company upped their price target on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. Two 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, the company has an average rating of “Moderate Buy” and an average price target of $134.18.

About TJX Companies

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.