The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by LVW Advisors LLC

LVW Advisors LLC boosted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,106 shares of the apparel and home fashions retailer’s stock after acquiring an additional 209 shares during the period. LVW Advisors LLC’s holdings in TJX Companies were worth $375,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Trivant Custom Portfolio Group LLC acquired a new position in shares of TJX Companies in the 4th quarter valued at $26,000. Capital Performance Advisors LLP purchased a new stake in TJX Companies in the 3rd quarter valued at about $29,000. Truvestments Capital LLC acquired a new position in TJX Companies in the third quarter valued at about $29,000. Copeland Capital Management LLC purchased a new position in TJX Companies during the third quarter worth about $30,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies during the third quarter valued at about $30,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Robert W. Baird upped their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. UBS Group raised their price target on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. 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. Finally, Evercore ISI boosted their price target on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, TJX Companies currently has an average rating of “Moderate Buy” and an average price target of $131.33.

TJX Companies Price Performance

Shares of NYSE TJX opened at $121.89 on Tuesday. The stock’s 50-day simple moving average is $122.56 and its 200-day simple moving average is $117.56. The firm has a market capitalization of $137.03 billion, a PE ratio of 28.68, a price-to-earnings-growth ratio of 2.94 and a beta of 0.91. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two 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.

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 for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $13.95 billion. During the same quarter last year, the company earned $1.03 earnings per share. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. As a group, equities 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. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 1.23%. The ex-dividend date is Thursday, February 13th. TJX Companies’s payout ratio is 35.29%.

About TJX Companies

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.