KRS Capital Management LLC lessened its position in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 4.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,135 shares of the apparel and home fashions retailer’s stock after selling 256 shares during the period. KRS Capital Management LLC’s holdings in TJX Companies were worth $758,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. TCTC Holdings LLC lifted its holdings in TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 145 shares during the last quarter. Atlantic Edge Private Wealth Management LLC lifted its holdings in TJX Companies by 58.8% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after buying an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC lifted its holdings in 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 worth $36,000 after buying an additional 149 shares during the last quarter. Inlight Wealth Management LLC bought a new position in TJX Companies during the 1st quarter worth approximately $37,000. Finally, Activest Wealth Management lifted its holdings in TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after buying an additional 314 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.
TJX Companies Price Performance
Shares of NYSE:TJX opened at $138.57 on Friday. 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 $111.73 and a 1 year high of $145.58. The business has a fifty day simple moving average of $137.78 and a 200 day simple moving average of $129.96. The firm has a market cap of $154.22 billion, a price-to-earnings ratio of 31.56, a P/E/G ratio of 3.12 and a beta of 0.92.
TJX Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.
Wall Street Analyst Weigh In
A number of research analysts have commented on the company. Bank of America increased their target price on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Morgan Stanley raised their price objective on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Robert W. Baird raised their target price on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, TJX Companies presently has an average rating of “Buy” and an average price target of $147.63.
Read Our Latest Research Report on TJX
TJX Companies 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.
Recommended Stories
- Five stocks we like better than TJX Companies
- How Investors Can Find the Best Cheap Dividend Stocks
- Why Amazon’s Prime Day May Be the Catalyst for a Year-End Rally
- What Are Some of the Best Large-Cap Stocks to Buy?
- Let the Good Times Roll: 2 Stocks Showing No Signs of Slowing
- The Risks of Owning Bonds
- Café Culture Revival? 3 Stocks to Watch After Chick-fil-A’s Move
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.