2 weeks Ago By ABMN Staff
Marshfield Associates reduced its position in The TJX Companies, Inc. ( NYSE:TJX – Free Report ) by 34.3% in the 2nd quarter, HoldingsChannel.
com reports. The firm owned 2,325,853 shares of the apparel and home fashions retailer’s stock after selling 1,216,731 shares during the period. TJX Companies accounts for about 5.
7% of Marshfield Associates’ holdings, making the stock its 7th largest holding. Marshfield Associates’ holdings in TJX Companies were worth $256,076,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also recently bought and sold shares of the company.
Aveo Capital Partners LLC grew its position in shares of TJX Companies by 6.0% in the fourth quarter. Aveo Capital Partners LLC now owns 3,568 shares of the apparel and home fashions retailer’s stock valued at $335,000 after purchasing an additional 203 shares during the last quarter.
9258 Wealth Management LLC increased its position in TJX Companies by 36.6% during the fourth quarter. 9258 Wealth Management LLC now owns 13,515 shares of the apparel and home fashions retailer’s stock worth $1,268,000 after buying an additional 3,624 shares in the last quarter.
Gryphon Financial Partners LLC raised its holdings in shares of TJX Companies by 35.9% in the fourth quarter. Gryphon Financial Partners LLC now owns 2,908 shares of the apparel and home fashions retailer’s stock worth $249,000 after acquiring an additional 768 shares during the last quarter.
Focus Financial Network Inc. ADV purchased a new stake in shares of TJX Companies in the fourth quarter valued at $457,000. Finally, Pingora Partners LLC acquired a new stake in shares of TJX Companies during the fourth quarter valued at $75,000.
91.09% of the stock is owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades Several research analysts recently weighed in on TJX shares.
Citigroup downgraded shares of TJX Companies from a “buy” rating to a “neutral” rating and boosted their target price for the company from $110.00 to $128.00 in a research note on Thursday, August 22nd.
Loop Capital boosted their price objective on shares of TJX Companies from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd.
Evercore ISI upped their price objective on shares of TJX Companies from $115.00 to $126.00 and gave the company an “outperform” rating in a research note on Monday, August 19th.
StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday, September 15th. Finally, Robert W.
Baird boosted their price target on TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a report on Thursday, August 22nd.
Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $126.
76. Insider Activity at TJX Companies In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $117.
54, for a total transaction of $1,763,100.00. Following the transaction, the chief executive officer now owns 536,148 shares in the company, valued at $63,018,835.
92. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website . 0.
13% of the stock is owned by insiders. TJX Companies Stock Performance TJX Companies stock opened at $118.05 on Friday.
The company has a market cap of $133.15 billion, a price-to-earnings ratio of 29.29, a price-to-earnings-growth ratio of 2.
97 and a beta of 0.89. The TJX Companies, Inc.
has a 12 month low of $86.71 and a 12 month high of $121.13.
The company has a debt-to-equity ratio of 0.37, a current ratio of 1.21 and a quick ratio of 0.
60. The stock’s 50-day moving average is $115.04 and its 200-day moving average is $106.
67. TJX Companies ( NYSE:TJX – Get Free Report ) last announced its quarterly earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.
96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.04.
TJX Companies had a net margin of 8.56% and a return on equity of 63.19%.
The firm had revenue of $13.47 billion for the quarter, compared to analysts’ expectations of $13.31 billion.
During the same period in the previous year, the company posted $0.85 earnings per share. TJX Companies’s revenue was up 5.
6% compared to the same quarter last year. Equities analysts anticipate that The TJX Companies, Inc. will post 4.
15 earnings per share for the current year. TJX Companies Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be given a dividend of $0.
375 per share. The ex-dividend date is Thursday, November 14th. This represents a $1.
50 dividend on an annualized basis and a yield of 1.27%. TJX Companies’s dividend payout ratio (DPR) is 37.
22%. TJX Companies Company Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Companies, Inc.
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