Live Oak Private Wealth LLC Has $7.86 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Live Oak Private Wealth LLC lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,042 shares of the apparel and home fashions retailer’s stock after selling 971 shares during the period. TJX Companies accounts for about 1.3% of Live Oak Private Wealth LLC’s investment portfolio, making the stock its 26th biggest holding. Live Oak Private Wealth LLC’s holdings in TJX Companies were worth $7,858,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TJX. Trivant Custom Portfolio Group LLC acquired a new stake in shares of TJX Companies in the fourth quarter worth about $26,000. Capital Performance Advisors LLP acquired a new position in shares of TJX Companies during the 3rd quarter valued at about $29,000. Truvestments Capital LLC bought a new position in shares of TJX Companies in the 3rd quarter valued at approximately $29,000. Copeland Capital Management LLC acquired a new stake in TJX Companies in the 3rd quarter worth approximately $30,000. Finally, Legacy Investment Solutions LLC bought a new stake in TJX Companies during the third quarter worth approximately $30,000. 91.09% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TJX has been the topic of a number of recent analyst reports. Morgan Stanley lifted their price target on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. TD Cowen boosted their target price on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. 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. Finally, Wells Fargo & Company raised their target price on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Two analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, TJX Companies presently has an average rating of “Moderate Buy” and a consensus price target of $133.53.

TJX Companies Stock Up 0.5 %

Shares of TJX opened at $126.20 on Friday. The company has a market capitalization of $141.87 billion, a P/E ratio of 29.69, a PEG ratio of 3.05 and a beta of 0.91. The TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00. The business’s 50 day simple moving average is $123.27 and its 200-day simple moving average is $118.53. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping the consensus estimate of $1.09 by $0.05. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $13.95 billion. During the same quarter in the prior year, the business earned $1.03 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders 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 1.19%. The ex-dividend date is Thursday, February 13th. 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.