Hendley & Co. Inc. Purchases 1,045 Shares of The TJX Companies, Inc. (NYSE:TJX)

Hendley & Co. Inc. raised its position in The TJX Companies, Inc. (NYSE:TJX) by 39.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,695 shares of the apparel and home fashions retailer’s stock after acquiring an additional 1,045 shares during the period. Hendley & Co. Inc.’s holdings in TJX Companies were worth $446,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of TJX. Bogart Wealth LLC acquired a new position in TJX Companies during the fourth quarter worth $25,000. Trivant Custom Portfolio Group LLC acquired a new position in TJX Companies during the fourth quarter valued at approximately $26,000. Capital Performance Advisors LLP bought a new position in TJX Companies in the third quarter valued at approximately $29,000. Truvestments Capital LLC acquired a new position in shares of TJX Companies during the 3rd quarter worth approximately $29,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies during the 3rd quarter worth approximately $30,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TJX. UBS Group lifted their price objective on shares of TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Guggenheim boosted their price target on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft raised their price target on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Morgan Stanley upped their price objective 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. Finally, Robert W. Baird raised their target price on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Two investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat, TJX Companies currently has a consensus rating of “Moderate Buy” and an average price target of $134.18.

TJX Companies Stock Performance

NYSE:TJX opened at $121.35 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. 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 market cap 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 stock has a fifty day moving average price of $122.81 and a 200-day moving average price of $119.72.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a dividend of $0.375 per share. 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 1.24%. TJX Companies’s payout ratio is 35.29%.

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.