12,426 Shares in The TJX Companies, Inc. (NYSE:TJX) Purchased by TigerOak Management L.L.C.

TigerOak Management L.L.C. acquired a new position in The TJX Companies, Inc. (NYSE:TJX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,426 shares of the apparel and home fashions retailer’s stock, valued at approximately $1,501,000.

Several other institutional investors have also bought and sold shares of TJX. Creative Planning lifted its holdings in TJX Companies by 5.5% in the third quarter. Creative Planning now owns 323,654 shares of the apparel and home fashions retailer’s stock worth $38,042,000 after purchasing an additional 16,883 shares during the period. Cornerstone Wealth Management LLC lifted its holdings in TJX Companies by 3.6% in the third quarter. Cornerstone Wealth Management LLC now owns 5,953 shares of the apparel and home fashions retailer’s stock worth $700,000 after purchasing an additional 209 shares during the period. Bleakley Financial Group LLC lifted its holdings in TJX Companies by 1.4% in the third quarter. Bleakley Financial Group LLC now owns 20,766 shares of the apparel and home fashions retailer’s stock worth $2,441,000 after purchasing an additional 281 shares during the period. Howard Capital Management Group LLC lifted its holdings in TJX Companies by 42.9% in the 3rd quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock valued at $27,208,000 after acquiring an additional 69,489 shares during the last quarter. Finally, Richard W. Paul & Associates LLC lifted its holdings in TJX Companies by 71.4% in the 3rd quarter. Richard W. Paul & Associates LLC now owns 389 shares of the apparel and home fashions retailer’s stock valued at $46,000 after acquiring an additional 162 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on TJX. Morgan Stanley upped their price target on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Telsey Advisory Group reissued an “outperform” rating and issued a $134.00 price target on shares of TJX Companies in a report on Friday, December 6th. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Jefferies Financial Group upped their price target on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, UBS Group upped their price target on shares of TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Two investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $133.53.

TJX Companies Price Performance

Shares of TJX opened at $124.33 on Friday. The company has a market capitalization of $139.77 billion, a price-to-earnings ratio of 29.25, a P/E/G ratio of 2.82 and a beta of 0.91. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The business’s 50-day moving average is $123.17 and its 200-day moving average is $119.11.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The company had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.03 EPS. Equities research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be issued a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.21%. TJX Companies’s dividend payout ratio is currently 35.29%.

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.