Crestwood Advisors Group LLC trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 12.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 562,009 shares of the apparel and home fashions retailer's stock after selling 79,736 shares during the quarter. TJX Companies makes up about 1.3% of Crestwood Advisors Group LLC's investment portfolio, making the stock its 22nd largest holding. Crestwood Advisors Group LLC's holdings in TJX Companies were worth $67,896,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Trust Direct Indexing L.P. increased its stake in shares of TJX Companies by 12.4% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 47,104 shares of the apparel and home fashions retailer's stock worth $5,537,000 after purchasing an additional 5,207 shares in the last quarter. Congress Asset Management Co. grew its holdings in TJX Companies by 1.1% during the fourth quarter. Congress Asset Management Co. now owns 1,228,840 shares of the apparel and home fashions retailer's stock valued at $148,456,000 after purchasing an additional 13,036 shares during the period. Atlas Legacy Advisors LLC purchased a new stake in shares of TJX Companies in the fourth quarter worth $433,000. BLB&B Advisors LLC lifted its stake in shares of TJX Companies by 2.8% during the 4th quarter. BLB&B Advisors LLC now owns 81,079 shares of the apparel and home fashions retailer's stock valued at $9,795,000 after buying an additional 2,201 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in TJX Companies by 12.1% in the 4th quarter. Empowered Funds LLC now owns 34,186 shares of the apparel and home fashions retailer's stock worth $4,130,000 after buying an additional 3,691 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts have recently commented on TJX shares. TD Cowen boosted their price objective on TJX Companies from $130.00 to $132.00 and gave the company a "buy" rating in a research report on Friday, November 22nd. Robert W. Baird boosted their target price 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. Evercore ISI upped their target price on shares of TJX Companies from $138.00 to $142.00 and gave the stock an "outperform" rating in a research report on Thursday, November 21st. UBS Group lifted their price target on shares of TJX Companies from $148.00 to $151.00 and gave the company a "buy" rating in a report on Friday, January 10th. Finally, Guggenheim increased their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Two analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to data from MarketBeat.com, TJX Companies currently has an average rating of "Moderate Buy" and an average target price of $134.18.
Get Our Latest Report on TJX Companies
TJX Companies Trading Up 0.2 %
TJX traded up $0.24 on Monday, hitting $121.35. The company had a trading volume of 5,292,225 shares, compared to its average volume of 4,350,497. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The business's fifty day simple moving average is $122.86 and its 200 day simple moving average is $119.64. The company has a market cap of $136.42 billion, a PE ratio of 28.55, a PEG ratio of 2.75 and a beta of 0.91.
TJX Companies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies's dividend payout ratio (DPR) is 35.29%.
About TJX Companies
(
Free Report)
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.
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