Czech National Bank Increases Holdings in The TJX Companies, Inc. (NYSE:TJX)

Czech National Bank raised its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 244,546 shares of the apparel and home fashions retailer's stock after purchasing an additional 14,323 shares during the quarter. Czech National Bank's holdings in TJX Companies were worth $29,544,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Capital Performance Advisors LLP purchased a new position in TJX Companies during the 3rd quarter worth $29,000. Truvestments Capital LLC acquired a new stake in TJX Companies in the third quarter valued at $29,000. Copeland Capital Management LLC purchased a new stake in shares of TJX Companies during the 3rd quarter worth $30,000. Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies during the 3rd quarter worth $30,000. Finally, Northwest Investment Counselors LLC purchased a new position in shares of TJX Companies in the 3rd quarter valued at about $37,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TJX. UBS Group upped their target price on shares of TJX Companies from $148.00 to $151.00 and gave the stock a "buy" rating in a research report on Friday. TD Cowen upped their price target on TJX Companies from $130.00 to $132.00 and gave the stock a "buy" rating in a report on Friday, November 22nd. Guggenheim raised their price objective on TJX Companies from $135.00 to $140.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Evercore ISI boosted their target price 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, Jefferies Financial Group raised their price target on TJX Companies from $140.00 to $145.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. Three 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, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $131.33.

TJX Companies Trading Down 0.1 %

Shares of NYSE:TJX traded down $0.10 during midday trading on Monday, reaching $119.96. The company's stock had a trading volume of 4,603,657 shares, compared to its average volume of 4,566,293. The firm has a market cap of $134.85 billion, a price-to-earnings ratio of 28.23, a price-to-earnings-growth ratio of 3.07 and a beta of 0.91. The business has a 50 day moving average price of $122.21 and a 200 day moving average price of $117.27. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year 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.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating 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 company had revenue of $14.06 billion during the quarter, compared to analysts' expectations of $13.95 billion. During the same quarter in the previous year, the business earned $1.03 EPS. The firm's revenue was up 6.0% on a year-over-year basis. Research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Thursday, February 13th. TJX Companies's dividend payout ratio is currently 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.