Strategic Wealth Advisors Group LLC acquired a new position in shares of TJX Companies Inc (NYSE:TJX) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,441 shares of the apparel and home fashions retailer’s stock, valued at approximately $689,000.

Other hedge funds also recently made changes to their positions in the company. NewFocus Financial Group LLC lifted its stake in TJX Companies by 0.6% during the 3rd quarter. NewFocus Financial Group LLC now owns 28,678 shares of the apparel and home fashions retailer’s stock valued at $1,599,000 after acquiring an additional 171 shares in the last quarter. Aries Wealth Management lifted its stake in TJX Companies by 3.9% during the 3rd quarter. Aries Wealth Management now owns 4,801 shares of the apparel and home fashions retailer’s stock valued at $281,000 after acquiring an additional 179 shares in the last quarter. Landmark Bank lifted its stake in TJX Companies by 0.3% during the 3rd quarter. Landmark Bank now owns 56,348 shares of the apparel and home fashions retailer’s stock valued at $3,141,000 after acquiring an additional 191 shares in the last quarter. Liberty Wealth Management LLC lifted its stake in TJX Companies by 13.5% during the 3rd quarter. Liberty Wealth Management LLC now owns 1,665 shares of the apparel and home fashions retailer’s stock valued at $93,000 after acquiring an additional 198 shares in the last quarter. Finally, Seelaus Asset Management LLC lifted its stake in TJX Companies by 0.9% during the 2nd quarter. Seelaus Asset Management LLC now owns 21,268 shares of the apparel and home fashions retailer’s stock valued at $1,125,000 after acquiring an additional 200 shares in the last quarter. 89.39% of the stock is owned by institutional investors.

Several brokerages have weighed in on TJX. Cowen set a $62.00 price objective on TJX Companies and gave the company a “buy” rating in a research note on Tuesday, August 20th. Zacks Investment Research upgraded TJX Companies from a “sell” rating to a “hold” rating and set a $64.00 price objective on the stock in a research note on Friday, October 18th. ValuEngine cut TJX Companies from a “sell” rating to a “strong sell” rating in a research note on Monday, November 4th. DA Davidson set a $65.00 price objective on TJX Companies and gave the company a “buy” rating in a research note on Wednesday, August 21st. Finally, Nomura began coverage on TJX Companies in a research note on Thursday. They set a “buy” rating and a $65.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the company’s stock. TJX Companies currently has a consensus rating of “Buy” and a consensus target price of $60.17.

Shares of NYSE TJX traded down $0.07 during mid-day trading on Friday, reaching $59.23. 2,262,721 shares of the company’s stock were exchanged, compared to its average volume of 5,843,974. The firm has a market capitalization of $71.62 billion, a price-to-earnings ratio of 28.07, a price-to-earnings-growth ratio of 2.14 and a beta of 0.67. TJX Companies Inc has a 52 week low of $41.49 and a 52 week high of $60.89. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.25 and a quick ratio of 0.48. The firm has a 50-day moving average price of $57.44 and a two-hundred day moving average price of $54.64.

TJX Companies (NYSE:TJX) last released its earnings results on Tuesday, August 20th. The apparel and home fashions retailer reported $0.62 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.62. The company had revenue of $9.78 billion for the quarter, compared to analysts’ expectations of $9.89 billion. TJX Companies had a return on equity of 57.64% and a net margin of 7.66%. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.17 EPS. As a group, sell-side analysts forecast that TJX Companies Inc will post 2.61 EPS for the current fiscal year.

The firm also recently announced a — dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.23 per share. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Wednesday, November 13th. TJX Companies’s payout ratio is 43.60%.

TJX Companies Profile

The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. 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, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise.

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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