2,428 Shares in The TJX Companies, Inc. (NYSE:TJX) Purchased by Waverton Investment Management Ltd

Waverton Investment Management Ltd bought a new stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,428 shares of the apparel and home fashions retailer's stock, valued at approximately $293,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bogart Wealth LLC purchased a new stake in shares of TJX Companies during the fourth quarter valued at $25,000. Trivant Custom Portfolio Group LLC acquired a new stake in TJX Companies during the 4th quarter worth about $26,000. Capital Performance Advisors LLP purchased a new stake in TJX Companies during the 3rd quarter valued at about $29,000. Truvestments Capital LLC acquired a new position in shares of TJX Companies in the third quarter valued at about $29,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of TJX Companies in the third quarter worth about $30,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Price Performance

TJX traded up $0.24 during midday trading on Monday, hitting $121.35. 5,292,225 shares of the company traded hands, compared to its average volume of 4,350,497. 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 52-week low of $92.35 and a 52-week high of $128.00. The company has a market capitalization of $136.42 billion, a price-to-earnings ratio of 28.55, a PEG ratio of 2.75 and a beta of 0.91. The business has a 50 day simple moving average of $122.86 and a two-hundred day simple moving average of $119.64.

TJX Companies Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts recently weighed in on TJX shares. UBS Group increased their price target on shares of TJX Companies from $148.00 to $151.00 and gave the stock a "buy" rating in a report on Friday, January 10th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $145.00 price target on shares of TJX Companies in a report on Wednesday, February 19th. Deutsche Bank Aktiengesellschaft lifted their price objective on TJX Companies from $130.00 to $131.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. TD Cowen upped their target price on TJX Companies from $130.00 to $132.00 and gave the stock a "buy" rating in a research note on Friday, November 22nd. Finally, Wells Fargo & Company lifted their price target on TJX Companies from $115.00 to $120.00 and gave the company an "equal weight" rating in a research report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $134.18.

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.