Hamilton Capital LLC decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 3.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,351 shares of the apparel and home fashions retailer’s stock after selling 95 shares during the period. Hamilton Capital LLC’s holdings in TJX Companies were worth $286,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after purchasing an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after buying an additional 235 shares during the period. Bison Wealth LLC increased its position in shares of TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after buying an additional 955 shares during the period. Clark Capital Management Group Inc. increased its position in shares of TJX Companies by 30.6% during the fourth quarter. Clark Capital Management Group Inc. now owns 2,910 shares of the apparel and home fashions retailer’s stock worth $352,000 after buying an additional 682 shares during the period. Finally, First Manhattan CO. LLC. increased its position in shares of TJX Companies by 3.6% during the fourth quarter. First Manhattan CO. LLC. now owns 18,241 shares of the apparel and home fashions retailer’s stock worth $2,204,000 after buying an additional 629 shares during the period. Institutional investors own 91.09% of the company’s stock.
TJX Companies Stock Performance
Shares of NYSE TJX opened at $139.30 on Monday. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a 1-year low of $111.22 and a 1-year high of $145.58. The stock’s 50-day moving average is $129.89 and its 200 day moving average is $126.42. The stock has a market cap of $155.03 billion, a price-to-earnings ratio of 31.73, a P/E/G ratio of 3.13 and a beta of 0.90.
TJX Companies Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th were given a dividend of $0.425 per share. The ex-dividend date was Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio is 38.72%.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on TJX. Citigroup lifted their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Barclays boosted their price target on shares of TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Wells Fargo & Company upped their price objective on TJX Companies from $120.00 to $130.00 and gave the company an “equal weight” rating in a research note on Thursday, August 21st. Bank of America upped their price objective on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Finally, Evercore ISI boosted their target price on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $147.58.
Check Out Our Latest Analysis on TJX
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.
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