Private Advisor Group LLC Purchases 8,862 Shares of The TJX Companies, Inc. (NYSE:TJX)

Private Advisor Group LLC grew its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 9.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 101,266 shares of the apparel and home fashions retailer's stock after acquiring an additional 8,862 shares during the quarter. Private Advisor Group LLC's holdings in TJX Companies were worth $12,234,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of TJX. Hudson Value Partners LLC lifted its holdings in shares of TJX Companies by 13.1% in the fourth quarter. Hudson Value Partners LLC now owns 2,432 shares of the apparel and home fashions retailer's stock valued at $294,000 after buying an additional 282 shares during the period. Werba Rubin Papier Wealth Management grew its stake in shares of TJX Companies by 8.0% in the 4th quarter. Werba Rubin Papier Wealth Management now owns 2,326 shares of the apparel and home fashions retailer's stock worth $281,000 after purchasing an additional 173 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of TJX Companies by 29.0% in the 4th quarter. Global Retirement Partners LLC now owns 11,956 shares of the apparel and home fashions retailer's stock worth $1,444,000 after purchasing an additional 2,688 shares in the last quarter. Atlas Legacy Advisors LLC acquired a new stake in TJX Companies during the fourth quarter valued at approximately $433,000. Finally, Bank of Jackson Hole Trust bought a new stake in TJX Companies during the fourth quarter worth approximately $54,000. Institutional investors own 91.09% of the company's stock.

TJX Companies Stock Down 1.5 %

NYSE TJX traded down $1.90 on Friday, reaching $121.08. The stock had a trading volume of 5,692,049 shares, compared to its average volume of 4,322,778. 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 1 year low of $92.35 and a 1 year high of $128.00. The business has a 50 day moving average price of $122.93 and a 200 day moving average price of $119.40. The company has a market capitalization of $136.11 billion, a price-to-earnings ratio of 28.49, a P/E/G ratio of 2.76 and a beta of 0.91.

TJX Companies (NYSE:TJX - Get Free Report) last announced 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. The business had revenue of $14.06 billion during the quarter, compared to analysts' expectations of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm's quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.03 EPS. On average, analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be paid a dividend of $0.375 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.24%. TJX Companies's dividend payout ratio (DPR) is 35.29%.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of recent research reports. StockNews.com upgraded TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, November 30th. UBS Group increased their price target on TJX Companies from $148.00 to $151.00 and gave the company a "buy" rating in a research report on Friday, January 10th. TD Cowen boosted their price objective on TJX Companies from $130.00 to $132.00 and gave the stock a "buy" rating in a report on Friday, November 22nd. Wells Fargo & Company raised their target price on shares of TJX Companies from $115.00 to $120.00 and gave the stock an "equal weight" rating in a report on Friday, January 10th. Finally, Jefferies Financial Group boosted their price target on shares of TJX Companies from $140.00 to $145.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Two equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $134.18.

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.