The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 43.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 888,668 shares of the apparel and home fashions retailer’s stock after acquiring an additional 269,331 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.08% of TJX Companies worth $104,455,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Hartford Funds Management Co LLC lifted its stake in TJX Companies by 0.5% in the third quarter. Hartford Funds Management Co LLC now owns 17,926 shares of the apparel and home fashions retailer’s stock valued at $2,107,000 after acquiring an additional 86 shares during the last quarter. Stablepoint Partners LLC boosted its holdings in TJX Companies by 0.3% in the third quarter. Stablepoint Partners LLC now owns 26,922 shares of the apparel and home fashions retailer’s stock worth $3,164,000 after purchasing an additional 89 shares in the last quarter. Concorde Asset Management LLC increased its position in TJX Companies by 2.8% during the second quarter. Concorde Asset Management LLC now owns 3,330 shares of the apparel and home fashions retailer’s stock worth $367,000 after buying an additional 90 shares during the last quarter. Signature Estate & Investment Advisors LLC raised its holdings in TJX Companies by 3.4% during the third quarter. Signature Estate & Investment Advisors LLC now owns 2,706 shares of the apparel and home fashions retailer’s stock valued at $318,000 after buying an additional 90 shares in the last quarter. Finally, Hamilton Capital LLC lifted its position in shares of TJX Companies by 3.9% in the third quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer’s stock worth $273,000 after buying an additional 90 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TJX shares. Telsey Advisory Group restated an “outperform” rating and issued a $134.00 target price on shares of TJX Companies in a report on Friday, December 6th. TD Cowen lifted their target price on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Wells Fargo & Company raised 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. Evercore ISI boosted their price objective on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Finally, Guggenheim raised their target price on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.17.

TJX Companies Price Performance

Shares of TJX traded down $0.66 during mid-day trading on Friday, reaching $120.99. The company had a trading volume of 864,688 shares, compared to its average volume of 3,966,078. 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 company has a market capitalization of $136.01 billion, a P/E ratio of 28.47, a P/E/G ratio of 3.07 and a beta of 0.91. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00. The company’s 50-day moving average is $121.91 and its 200-day moving average is $117.05.

TJX Companies (NYSE:TJX) last released 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. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. During the same period in the prior year, the company posted $1.03 earnings per share. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.24%. TJX Companies’s dividend payout ratio (DPR) is presently 35.29%.

TJX Companies Company 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.