2,263 Shares in The TJX Companies, Inc. (NYSE:TJX) Bought by Saxon Interests Inc.

Saxon Interests Inc. acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,263 shares of the apparel and home fashions retailer's stock, valued at approximately $273,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP bought a new stake in shares of TJX Companies during the third quarter valued at approximately $29,000. Truvestments Capital LLC bought a new stake in shares of TJX Companies in the 3rd quarter worth $29,000. Copeland Capital Management LLC acquired a new stake in shares of TJX Companies in the third quarter valued at $30,000. Legacy Investment Solutions LLC bought a new position in TJX Companies during the third quarter valued at about $30,000. Finally, Northwest Investment Counselors LLC acquired a new position in TJX Companies during the third quarter worth about $37,000. Institutional investors own 91.09% of the company's stock.

Wall Street Analysts Forecast Growth

TJX has been the subject of several research reports. TD Cowen raised their price objective on shares of TJX Companies from $130.00 to $132.00 and gave the company a "buy" rating in a research report on Friday, November 22nd. Telsey Advisory Group reissued an "outperform" rating and set a $134.00 target price on shares of TJX Companies in a research note on Friday, December 6th. Wells Fargo & Company lifted their price target on shares of TJX Companies from $115.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Friday, January 10th. UBS Group increased their price objective on TJX Companies from $148.00 to $151.00 and gave the company a "buy" rating in a research report on Friday, January 10th. Finally, Guggenheim lifted their target price on TJX Companies from $135.00 to $140.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Three equities 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, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $131.33.

TJX Companies Stock Up 0.4 %

TJX Companies stock traded up $0.51 during trading hours on Friday, hitting $121.89. The company had a trading volume of 4,752,383 shares, compared to its average volume of 4,388,107. 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 current ratio of 1.19 and a quick ratio of 0.50. The firm has a market capitalization of $137.03 billion, a P/E ratio of 28.68, a price-to-earnings-growth ratio of 2.94 and a beta of 0.91. The firm's fifty day moving average is $122.56 and its 200-day moving average is $117.46.

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 earnings per share for the quarter, topping analysts' consensus estimates of $1.09 by $0.05. The business had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. TJX Companies's revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.03 earnings per share. On average, research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.23%. TJX Companies's dividend 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.