HHM Wealth Advisors LLC Increases Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

HHM Wealth Advisors LLC lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 22.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 946 shares of the apparel and home fashions retailer’s stock after buying an additional 171 shares during the quarter. HHM Wealth Advisors LLC’s holdings in TJX Companies were worth $114,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Trivant Custom Portfolio Group LLC purchased a new position in shares of TJX Companies during the fourth quarter worth about $26,000. Capital Performance Advisors LLP acquired a new stake in shares of TJX Companies in the 3rd quarter valued at about $29,000. Truvestments Capital LLC purchased a new position in TJX Companies during the 3rd quarter worth approximately $29,000. Copeland Capital Management LLC acquired a new position in TJX Companies during the third quarter worth approximately $30,000. Finally, Legacy Investment Solutions LLC purchased a new stake in TJX Companies in the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Trading Down 0.4 %

Shares of TJX Companies stock opened at $124.31 on Tuesday. The company has a 50-day moving average of $123.32 and a two-hundred day moving average of $118.31. The stock has a market cap of $139.74 billion, a PE ratio of 29.25, a price-to-earnings-growth ratio of 3.05 and a beta of 0.91. 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 12-month low of $92.35 and a 12-month high of $128.00.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 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 company had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $13.95 billion. During the same period in the previous year, the business earned $1.03 earnings per share. TJX Companies’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued 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 yield of 1.21%. TJX Companies’s dividend payout ratio (DPR) is currently 35.29%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Jefferies Financial Group raised their target price on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Telsey Advisory Group restated an “outperform” rating and issued a $134.00 price objective on shares of TJX Companies in a research note on Friday, December 6th. TD Cowen increased their target price on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Finally, Morgan Stanley increased their price objective on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat.com, TJX Companies currently has an average rating of “Moderate Buy” and an average target price of $131.67.

TJX Companies Company 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.