1 week Ago By ABMN Staff
Versant Capital Management Inc lifted its stake in shares of The TJX Companies, Inc. ( NYSE:TJX – Free Report ) by 36.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 3,699 shares of the apparel and home fashions retailer’s stock after buying an additional 998 shares during the quarter. Versant Capital Management Inc’s holdings in TJX Companies were worth $447,000 at the end of the most recent reporting period. Several other large investors have also modified their holdings of TJX.
Ameriprise Financial Inc. lifted its stake in TJX Companies by 33.4% in the second quarter.
Ameriprise Financial Inc. now owns 12,241,176 shares of the apparel and home fashions retailer’s stock valued at $1,347,934,000 after buying an additional 3,063,318 shares during the last quarter. Capital Wealth Planning LLC acquired a new stake in TJX Companies during the 2nd quarter worth $315,698,000.
Los Angeles Capital Management LLC grew its position in TJX Companies by 80.6% during the 2nd quarter. Los Angeles Capital Management LLC now owns 2,943,176 shares of the apparel and home fashions retailer’s stock worth $324,044,000 after purchasing an additional 1,313,517 shares during the last quarter.
International Assets Investment Management LLC boosted its stake in shares of TJX Companies by 13,309.4% during the third quarter. International Assets Investment Management LLC now owns 1,191,155 shares of the apparel and home fashions retailer’s stock worth $140,008,000 after buying an additional 1,182,272 shares during the period.
Finally, Caisse DE Depot ET Placement DU Quebec increased its position in TJX Companies by 161.3% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer’s stock valued at $210,003,000 after acquiring an additional 1,102,912 shares during the period.
Institutional investors and hedge funds own 91.09% of the company’s stock. Wall Street Analyst Weigh In Several research firms have recently commented on TJX.
Deutsche Bank Aktiengesellschaft upped their price target on TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st.
Jefferies Financial Group upped their price objective 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.
TD Cowen boosted their price target 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.
Telsey Advisory Group restated an “outperform” rating and issued a $134.00 price objective on shares of TJX Companies in a research report on Friday, December 6th. Finally, Guggenheim boosted their target price on TJX Companies from $135.
00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Three investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock.
Based on data from MarketBeat, TJX Companies has an average rating of “Moderate Buy” and an average target price of $130.89. TJX Companies Trading Up 0.
3 % TJX Companies stock opened at $121.15 on Friday. The stock has a 50-day moving average price of $121.
17 and a 200 day moving average price of $116.68. The TJX Companies, Inc.
has a 52 week low of $91.31 and a 52 week high of $128.00.
The stock has a market cap of $136.19 billion, a PE ratio of 28.51, a P/E/G ratio of 3.
07 and a beta of 0.90. The company has a current ratio of 1.
19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.
TJX Companies ( NYSE:TJX – Get Free Report ) last issued its quarterly 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. The business had revenue of $14.
06 billion during the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a net margin of 8.
63% and a return on equity of 61.82%. The company’s quarterly revenue was up 6.
0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.03 earnings per share.
Equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.
TJX Companies Announces Dividend The firm also recently declared 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.
This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.24%.
The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio is presently 35.29%.
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.
Featured Stories 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. ( NYSE:TJX – Free Report ).
Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter ..
