Hall Laurie J Trustee Buys 312 Shares of The TJX Companies, Inc. (NYSE:TJX)

Hall Laurie J Trustee lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,965 shares of the apparel and home fashions retailer’s stock after buying an additional 312 shares during the quarter. TJX Companies makes up approximately 2.1% of Hall Laurie J Trustee’s portfolio, making the stock its 12th biggest holding. Hall Laurie J Trustee’s holdings in TJX Companies were worth $6,520,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of TJX. Grove Bank & Trust increased its stake in TJX Companies by 9.8% in the 4th quarter. Grove Bank & Trust now owns 9,537 shares of the apparel and home fashions retailer’s stock worth $1,152,000 after acquiring an additional 848 shares during the last quarter. My Legacy Advisors LLC grew its holdings in shares of TJX Companies by 1.9% during the fourth quarter. My Legacy Advisors LLC now owns 12,301 shares of the apparel and home fashions retailer’s stock worth $1,465,000 after purchasing an additional 235 shares in the last quarter. Artemis Investment Management LLP increased its position in shares of TJX Companies by 9.4% in the fourth quarter. Artemis Investment Management LLP now owns 58,374 shares of the apparel and home fashions retailer’s stock worth $7,052,000 after purchasing an additional 5,020 shares during the last quarter. Liberty One Investment Management LLC raised its stake in TJX Companies by 5.4% in the fourth quarter. Liberty One Investment Management LLC now owns 41,057 shares of the apparel and home fashions retailer’s stock valued at $4,960,000 after purchasing an additional 2,092 shares in the last quarter. Finally, Aaron Wealth Advisors LLC lifted its position in TJX Companies by 15.3% during the fourth quarter. Aaron Wealth Advisors LLC now owns 14,060 shares of the apparel and home fashions retailer’s stock valued at $1,699,000 after purchasing an additional 1,869 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $121.89 on Monday. The business has a 50 day moving average of $122.56 and a 200 day moving average of $117.51. 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 cap of $137.03 billion, a PE ratio of 28.68, a P/E/G ratio of 2.94 and a beta of 0.91. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping the consensus estimate of $1.09 by $0.05. The business had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.03 EPS. As a group, equities 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. Investors 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 annualized dividend and a dividend yield of 1.23%. TJX Companies’s dividend payout ratio is presently 35.29%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. TD Cowen lifted their price target on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Telsey Advisory Group restated an “outperform” rating and issued a $134.00 target price on shares of TJX Companies in a research report on Friday, December 6th. Evercore ISI increased their price target on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Robert W. Baird boosted their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Finally, Wells Fargo & Company increased their target price on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $131.33.

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.