Financial Life Planners Purchases Shares of 771 The TJX Companies, Inc. (NYSE:TJX)

Financial Life Planners acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 771 shares of the apparel and home fashions retailer’s stock, valued at approximately $93,000.

Other institutional investors also recently modified their holdings of the company. One Wealth Advisors LLC increased its holdings in TJX Companies by 4.9% during the 4th quarter. One Wealth Advisors LLC now owns 3,274 shares of the apparel and home fashions retailer’s stock valued at $396,000 after purchasing an additional 152 shares in the last quarter. Graham Capital Wealth Management LLC grew its holdings in shares of TJX Companies by 18.8% during the fourth quarter. Graham Capital Wealth Management LLC now owns 2,138 shares of the apparel and home fashions retailer’s stock worth $258,000 after purchasing an additional 338 shares during the last quarter. Resonant Capital Advisors LLC grew its holdings in shares of TJX Companies by 10.1% during the fourth quarter. Resonant Capital Advisors LLC now owns 3,488 shares of the apparel and home fashions retailer’s stock worth $421,000 after purchasing an additional 321 shares during the last quarter. Brentview Investment Management LLC acquired a new stake in shares of TJX Companies in the fourth quarter valued at $4,186,000. Finally, Catalina Capital Group LLC raised its holdings in shares of TJX Companies by 1.4% in the fourth quarter. Catalina Capital Group LLC now owns 9,752 shares of the apparel and home fashions retailer’s stock valued at $1,178,000 after buying an additional 136 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on TJX shares. TD Cowen increased their price target on shares of TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Robert W. Baird increased their price objective on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Wells Fargo & Company boosted their target price on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft raised their price target on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Finally, Guggenheim boosted their price objective on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $131.67.

TJX Companies Stock Performance

Shares of TJX opened at $124.83 on Monday. The stock has a market capitalization of $140.33 billion, a price-to-earnings ratio of 29.37, a PEG ratio of 3.05 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 firm has a fifty day simple moving average of $123.32 and a 200 day simple moving average of $118.31. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

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 (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.05. The business had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. TJX Companies’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.03 earnings per share. Research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company 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 dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.20%. TJX Companies’s dividend payout ratio is presently 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.