180 Wealth Advisors LLC Has $647,000 Stake in The TJX Companies, Inc. (NYSE:TJX)

180 Wealth Advisors LLC reduced its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,356 shares of the apparel and home fashions retailer’s stock after selling 118 shares during the period. 180 Wealth Advisors LLC’s holdings in TJX Companies were worth $647,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of TJX. Global Financial Private Client LLC raised its position in TJX Companies by 3.6% during the fourth quarter. Global Financial Private Client LLC now owns 3,122 shares of the apparel and home fashions retailer’s stock valued at $377,000 after buying an additional 109 shares during the period. Signal Advisors Wealth LLC increased its holdings in shares of TJX Companies by 17.1% in the 4th quarter. Signal Advisors Wealth LLC now owns 4,911 shares of the apparel and home fashions retailer’s stock valued at $593,000 after purchasing an additional 716 shares during the period. Ayrshire Capital Management LLC lifted its position in shares of TJX Companies by 1.7% in the fourth quarter. Ayrshire Capital Management LLC now owns 61,950 shares of the apparel and home fashions retailer’s stock worth $7,484,000 after purchasing an additional 1,059 shares in the last quarter. Cullen Investment Group LTD. boosted its holdings in shares of TJX Companies by 2.5% during the fourth quarter. Cullen Investment Group LTD. now owns 23,571 shares of the apparel and home fashions retailer’s stock worth $2,848,000 after purchasing an additional 582 shares during the period. Finally, Marcum Wealth LLC boosted its holdings in shares of TJX Companies by 11.3% during the fourth quarter. Marcum Wealth LLC now owns 6,736 shares of the apparel and home fashions retailer’s stock worth $814,000 after purchasing an additional 685 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on TJX shares. TD Cowen increased 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. Deutsche Bank Aktiengesellschaft lifted their price objective on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $134.00 target price on shares of TJX Companies in a research report on Friday, December 6th. Jefferies Financial Group lifted their price target on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, Robert W. Baird raised their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, TJX Companies has a consensus rating of “Moderate Buy” and a consensus price target of $131.33.

TJX Companies Stock Down 0.5 %

Shares of TJX opened at $119.29 on Wednesday. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The stock has a market cap of $134.10 billion, a price-to-earnings ratio of 28.07, a P/E/G ratio of 3.07 and a beta of 0.91. The company has a 50-day moving average price of $122.32 and a two-hundred day moving average price of $117.34. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35.

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. 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 during the quarter, compared to analysts’ expectations of $13.95 billion. During the same period last year, the business earned $1.03 earnings per share. The business’s revenue was up 6.0% on a year-over-year basis. Equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently disclosed 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 of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a yield of 1.26%. 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.