TLW Wealth Management LLC Acquires 7,182 Shares of The TJX Companies, Inc. (NYSE:TJX)

TLW Wealth Management LLC raised its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 10.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 74,245 shares of the apparel and home fashions retailer's stock after acquiring an additional 7,182 shares during the quarter. TJX Companies accounts for about 5.3% of TLW Wealth Management LLC's portfolio, making the stock its 11th biggest holding. TLW Wealth Management LLC's holdings in TJX Companies were worth $8,970,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Invesco LLC increased its holdings in shares of TJX Companies by 5.6% in the 4th quarter. Invesco LLC now owns 5,934 shares of the apparel and home fashions retailer's stock valued at $717,000 after purchasing an additional 315 shares during the period. Swedbank AB increased its holdings in TJX Companies by 4.1% in the fourth quarter. Swedbank AB now owns 1,265,098 shares of the apparel and home fashions retailer's stock worth $152,836,000 after buying an additional 50,184 shares during the last quarter. Orrstown Financial Services Inc. increased its holdings in TJX Companies by 3.4% in the fourth quarter. Orrstown Financial Services Inc. now owns 12,126 shares of the apparel and home fashions retailer's stock worth $1,465,000 after buying an additional 400 shares during the last quarter. Field & Main Bank boosted its position in TJX Companies by 2.7% during the fourth quarter. Field & Main Bank now owns 17,440 shares of the apparel and home fashions retailer's stock worth $2,107,000 after purchasing an additional 460 shares during the period. Finally, Nvest Financial LLC boosted its position in TJX Companies by 10.8% during the fourth quarter. Nvest Financial LLC now owns 23,126 shares of the apparel and home fashions retailer's stock worth $2,794,000 after purchasing an additional 2,251 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on TJX. Deutsche Bank Aktiengesellschaft increased their price objective on TJX Companies from $130.00 to $131.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. Wells Fargo & Company increased their price objective on TJX Companies from $115.00 to $120.00 and gave the stock an "equal weight" rating in a research note on Friday, January 10th. TD Cowen raised their target price on TJX Companies from $130.00 to $132.00 and gave the company a "buy" rating in a research note on Friday, November 22nd. Guggenheim raised their price target on TJX Companies from $135.00 to $140.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Finally, StockNews.com upgraded TJX Companies from a "hold" rating to a "buy" rating in a report on Saturday, November 30th. 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.com, TJX Companies has a consensus rating of "Moderate Buy" and an average target price of $131.67.

TJX Companies Stock Up 1.6 %

NYSE TJX traded up $1.96 during trading on Thursday, hitting $126.17. The stock had a trading volume of 2,322,667 shares, compared to its average volume of 4,303,559. The company has a market capitalization of $141.83 billion, a PE ratio of 29.67, a P/E/G ratio of 3.00 and a beta of 0.91. The company's 50-day moving average price is $123.13 and its two-hundred day moving average price is $118.13. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00.

TJX Companies (NYSE:TJX - Get Free Report) last released its 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 firm had revenue of $14.06 billion for 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 business'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. As a group, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business 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 dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies's dividend payout ratio is currently 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.