Valued Wealth Advisors LLC Acquires 142 Shares of The TJX Companies, Inc. (NYSE:TJX)

Valued Wealth Advisors LLC grew its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 41.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 481 shares of the apparel and home fashions retailer’s stock after buying an additional 142 shares during the period. Valued Wealth Advisors LLC’s holdings in TJX Companies were worth $58,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the stock. Webster Bank N. A. grew its stake in shares of TJX Companies by 10.7% in the 4th quarter. Webster Bank N. A. now owns 4,687 shares of the apparel and home fashions retailer’s stock valued at $566,000 after buying an additional 452 shares during the period. Cornerstone Wealth Group LLC grew its stake in TJX Companies by 3.7% in the fourth quarter. Cornerstone Wealth Group LLC now owns 5,309 shares of the apparel and home fashions retailer’s stock valued at $641,000 after acquiring an additional 188 shares during the period. KBC Group NV increased its holdings in shares of TJX Companies by 182.7% during the fourth quarter. KBC Group NV now owns 595,513 shares of the apparel and home fashions retailer’s stock valued at $71,944,000 after acquiring an additional 384,869 shares in the last quarter. Blue Trust Inc. raised its position in shares of TJX Companies by 43.1% during the fourth quarter. Blue Trust Inc. now owns 34,871 shares of the apparel and home fashions retailer’s stock worth $4,099,000 after purchasing an additional 10,502 shares during the period. Finally, Drive Wealth Management LLC raised its position in shares of TJX Companies by 3.7% during the fourth quarter. Drive Wealth Management LLC now owns 3,713 shares of the apparel and home fashions retailer’s stock worth $449,000 after purchasing an additional 133 shares during the period. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.0 %

TJX Companies stock opened at $122.61 on Monday. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $137.83 billion, a P/E ratio of 28.85, a P/E/G ratio of 3.00 and a beta of 0.91. The firm has a 50 day moving average price of $122.84 and a 200-day moving average price of $117.94. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The business had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. During the same period last year, the business posted $1.03 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be paid a $0.375 dividend. 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 1.22%. TJX Companies’s dividend payout ratio is 35.29%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Evercore ISI boosted their price target on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $134.00 price target on shares of TJX Companies in a research report on Friday, December 6th. Morgan Stanley boosted their price objective on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Finally, Robert W. Baird upped their price target on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.67.

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.