Intrua Financial LLC grew its position in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 37.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,633 shares of the apparel and home fashions retailer’s stock after buying an additional 1,528 shares during the quarter. Intrua Financial LLC’s holdings in TJX Companies were worth $696,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new position in shares of TJX Companies in the first quarter worth $1,330,717,000. Mirova US LLC increased its holdings in TJX Companies by 164.5% in the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after buying an additional 1,678,665 shares in the last quarter. Amundi increased its holdings in TJX Companies by 10.2% in the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after buying an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. raised its position in TJX Companies by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after buying an additional 1,099,129 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in TJX Companies by 17.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock valued at $829,180,000 after acquiring an additional 1,025,329 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.
TJX Companies Trading Down 0.2%
NYSE:TJX opened at $146.05 on Friday. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $148.11. The business has a fifty day moving average price of $142.33 and a 200-day moving average price of $133.44. The firm has a market capitalization of $162.55 billion, a price-to-earnings ratio of 33.27, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.
TJX Companies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be paid a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.
Analyst Ratings Changes
A number of analysts have recently commented on TJX shares. BTIG Research assumed coverage on shares of TJX Companies in a research note on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price target for the company. Citigroup raised their target price on shares of TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Erste Group Bank began coverage on shares of TJX Companies in a research note on Friday, September 5th. They set a “buy” rating for the company. TD Cowen raised their price target on TJX Companies from $160.00 to $162.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Finally, Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $151.75.
View Our Latest Research Report on TJX
About TJX Companies
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
- Five stocks we like better than TJX Companies
- Financial Services Stocks Investing
- MarketBeat Week in Review – 11/10 – 11/14
- Are Penny Stocks a Good Fit for Your Portfolio?
- Are These 3 Oversold Tech Giants Ready to Rebound?
- Upcoming IPO Stock Lockup Period, Explained
- If You Wait for the Dip, Micron Technology Could Leave You Behind
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.
