Commons Capital LLC grew its position in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 5.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,746 shares of the apparel and home fashions retailer’s stock after purchasing an additional 328 shares during the quarter. Commons Capital LLC’s holdings in TJX Companies were worth $833,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. TCTC Holdings LLC boosted its position in TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after acquiring an additional 145 shares during the last quarter. Atlantic Edge Private Wealth Management LLC lifted its stake in shares of TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock valued at $36,000 after purchasing an additional 110 shares during the period. Iron Horse Wealth Management LLC boosted its position in shares of TJX Companies by 99.3% during the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after purchasing an additional 149 shares in the last quarter. Inlight Wealth Management LLC acquired a new stake in TJX Companies during the first quarter worth approximately $37,000. Finally, Activest Wealth Management increased its holdings in TJX Companies by 4,485.7% in the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after purchasing an additional 314 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.
TJX Companies Stock Performance
Shares of TJX Companies stock opened at $142.42 on Friday. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $146.46. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The business has a 50 day moving average price of $139.08 and a 200-day moving average price of $130.74. The company has a market cap of $158.50 billion, a PE ratio of 32.44, a price-to-earnings-growth ratio of 3.22 and a beta of 0.92.
TJX Companies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be issued a $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is currently 38.72%.
Analyst Upgrades and Downgrades
Several analysts have recently commented on TJX shares. Erste Group Bank began coverage on shares of TJX Companies in a research report on Friday, September 5th. They set a “buy” rating for the company. Robert W. Baird raised their price target on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Wells Fargo & Company increased their price objective on shares of TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Finally, Bank of America boosted their target price on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average price target of $148.50.
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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