The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Ayrshire Capital Management LLC

Ayrshire Capital Management LLC lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,950 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,059 shares during the period. TJX Companies comprises 3.7% of Ayrshire Capital Management LLC’s investment portfolio, making the stock its 10th largest holding. Ayrshire Capital Management LLC’s holdings in TJX Companies were worth $7,484,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Capital Performance Advisors LLP bought a new position in shares of TJX Companies in the 3rd quarter worth about $29,000. Truvestments Capital LLC bought a new position in TJX Companies in the 3rd quarter valued at about $29,000. Copeland Capital Management LLC bought a new stake in TJX Companies during the 3rd quarter worth approximately $30,000. Legacy Investment Solutions LLC bought a new position in shares of TJX Companies in the third quarter valued at approximately $30,000. Finally, Northwest Investment Counselors LLC bought a new stake in TJX Companies during the third quarter worth $37,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Wells Fargo & Company upped their target price on shares of TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday. Robert W. Baird lifted their price target on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. UBS Group increased their target price on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research note on Friday. Guggenheim raised their price target on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $134.00 price objective on shares of TJX Companies in a report on Friday, December 6th. Three analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.33.

TJX Companies Trading Down 0.1 %

Shares of NYSE:TJX opened at $119.96 on Tuesday. The stock’s 50-day simple moving average is $122.21 and its two-hundred day simple moving average is $117.27. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-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 stock has a market capitalization of $134.85 billion, a price-to-earnings ratio of 28.23, a PEG ratio of 3.07 and a beta of 0.91.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The firm had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.03 EPS. Analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a yield of 1.25%. TJX Companies’s 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.