Sanctuary Advisors LLC Has $24.92 Million Stake in The TJX Companies, Inc. (NYSE:TJX)

Sanctuary Advisors LLC increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 53.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 205,156 shares of the apparel and home fashions retailer's stock after buying an additional 71,480 shares during the quarter. Sanctuary Advisors LLC's holdings in TJX Companies were worth $24,920,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Richard W. Paul & Associates LLC bought a new stake in TJX Companies in the 2nd quarter valued at about $25,000. Capital Performance Advisors LLP acquired a new stake in shares of TJX Companies in the third quarter valued at approximately $29,000. Truvestments Capital LLC bought a new stake in shares of TJX Companies during the third quarter valued at approximately $29,000. Copeland Capital Management LLC acquired a new position in shares of TJX Companies during the third quarter worth approximately $30,000. Finally, Legacy Investment Solutions LLC bought a new position in TJX Companies in the 3rd quarter worth approximately $30,000. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Down 0.4 %

Shares of TJX traded down $0.47 during trading hours on Friday, reaching $125.95. The company's stock had a trading volume of 1,174,799 shares, compared to its average volume of 5,225,969. 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 firm has a market cap of $141.59 billion, a price-to-earnings ratio of 29.75, a P/E/G ratio of 3.12 and a beta of 0.90. The company has a 50 day moving average of $118.90 and a two-hundred day moving average of $114.92. The TJX Companies, Inc. has a 1-year low of $88.58 and a 1-year high of $128.00.

TJX Companies (NYSE:TJX - Get Free Report) last issued its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.05. The company had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The business's revenue was up 6.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.03 EPS. As a group, research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors 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 1.19%. The ex-dividend date is Thursday, February 13th. TJX Companies's payout ratio is presently 35.29%.

Analysts Set New Price Targets

TJX has been the subject of a number of analyst reports. Bank of America boosted their price target on TJX Companies from $115.00 to $135.00 and gave the stock a "buy" rating in a research report on Thursday, August 22nd. Guggenheim increased their target price on shares of TJX Companies from $135.00 to $140.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of TJX Companies from $130.00 to $131.00 and gave the stock a "buy" rating in a research report on Thursday, November 21st. Jefferies Financial Group raised their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Finally, UBS Group upped their target price on TJX Companies from $134.00 to $148.00 and gave the stock a "buy" rating in a research report on Thursday, August 22nd. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $130.89.

TJX Companies Company 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.