The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Liberty One Investment Management LLC

Liberty One Investment Management LLC raised its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,057 shares of the apparel and home fashions retailer's stock after buying an additional 2,092 shares during the period. Liberty One Investment Management LLC's holdings in TJX Companies were worth $4,960,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of TJX. Seven Eight Capital LP acquired a new position in TJX Companies in the second quarter valued at approximately $306,000. XTX Topco Ltd boosted its holdings in shares of TJX Companies by 155.9% in the 2nd quarter. XTX Topco Ltd now owns 12,061 shares of the apparel and home fashions retailer's stock valued at $1,328,000 after buying an additional 7,347 shares in the last quarter. Brighton Jones LLC boosted its holdings in shares of TJX Companies by 3.2% in the 2nd quarter. Brighton Jones LLC now owns 13,694 shares of the apparel and home fashions retailer's stock valued at $1,508,000 after buying an additional 420 shares in the last quarter. Ieq Capital LLC raised its stake in TJX Companies by 7.1% during the 2nd quarter. Ieq Capital LLC now owns 75,345 shares of the apparel and home fashions retailer's stock worth $8,296,000 after acquiring an additional 4,974 shares in the last quarter. Finally, King Luther Capital Management Corp lifted its position in TJX Companies by 594.8% in the second quarter. King Luther Capital Management Corp now owns 41,771 shares of the apparel and home fashions retailer's stock valued at $4,599,000 after acquiring an additional 35,759 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TJX. StockNews.com raised TJX Companies from a "hold" rating to a "buy" rating in a report on Saturday, November 30th. Deutsche Bank Aktiengesellschaft raised their price target on TJX Companies from $130.00 to $131.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. 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 note on Friday, November 22nd. Robert W. Baird increased their price objective on TJX Companies from $133.00 to $138.00 and gave the company an "outperform" rating in a report on Thursday, December 5th. Finally, Jefferies Financial Group upped their price target on shares of TJX Companies from $140.00 to $145.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $131.33.

TJX Companies Price Performance

Shares of TJX traded up $0.51 during trading hours on Friday, reaching $121.89. The company had a trading volume of 4,752,383 shares, compared to its average volume of 4,388,107. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The firm has a 50 day simple moving average of $122.56 and a 200-day simple moving average of $117.51. The company has a market capitalization of $137.03 billion, a price-to-earnings ratio of 28.68, a PEG ratio of 2.94 and a beta of 0.91.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.09 by $0.05. The company had revenue of $14.06 billion during the quarter, compared to analysts' expectations of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The firm's quarterly revenue was up 6.0% compared to the same quarter last year. During the same period last year, the company posted $1.03 earnings per share. Research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.23%. TJX Companies's payout ratio is 35.29%.

TJX Companies 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.