Crossmark Global Holdings Inc. raised its stake in TJX Companies Inc (NYSE:TJX) by 122.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,948 shares of the apparel and home fashions retailer’s stock after purchasing an additional 66,086 shares during the period. Crossmark Global Holdings Inc.’s holdings in TJX Companies were worth $5,366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN raised its position in TJX Companies by 1.4% in the 3rd quarter. Wells Fargo & Company MN now owns 5,766,367 shares of the apparel and home fashions retailer’s stock valued at $645,949,000 after purchasing an additional 79,223 shares in the last quarter. Mascoma Wealth Management LLC raised its position in TJX Companies by 166.8% in the 4th quarter. Mascoma Wealth Management LLC now owns 9,590 shares of the apparel and home fashions retailer’s stock valued at $429,000 after purchasing an additional 5,996 shares in the last quarter. Steinberg Global Asset Management raised its position in TJX Companies by 19.2% in the 3rd quarter. Steinberg Global Asset Management now owns 7,100 shares of the apparel and home fashions retailer’s stock valued at $795,000 after purchasing an additional 1,146 shares in the last quarter. Resources Management Corp CT ADV acquired a new stake in TJX Companies in the 3rd quarter valued at about $5,530,000. Finally, Ferguson Wellman Capital Management Inc. raised its position in TJX Companies by 201.9% in the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 419,103 shares of the apparel and home fashions retailer’s stock valued at $18,751,000 after purchasing an additional 280,269 shares in the last quarter. 50.70% of the stock is currently owned by institutional investors.

A number of equities research analysts have issued reports on TJX shares. Zacks Investment Research lowered TJX Companies from a “buy” rating to a “hold” rating in a research report on Monday. ValuEngine lowered TJX Companies from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 7th. Barclays set a $59.00 target price on TJX Companies and gave the stock a “hold” rating in a research report on Thursday, November 8th. MKM Partners set a $58.00 target price on TJX Companies and gave the stock a “buy” rating in a research report on Friday, November 30th. Finally, Cowen set a $59.00 target price on TJX Companies and gave the stock a “buy” rating in a research report on Wednesday, November 21st. One analyst has rated the stock with a sell rating, ten have issued a hold rating and eighteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $53.54.

NYSE:TJX opened at $49.89 on Thursday. The company has a market cap of $60.84 billion, a P/E ratio of 24.70, a PEG ratio of 1.69 and a beta of 0.67. The company has a current ratio of 1.55, a quick ratio of 0.63 and a debt-to-equity ratio of 0.42. TJX Companies Inc has a 52-week low of $37.49 and a 52-week high of $56.64.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Tuesday, November 20th. The apparel and home fashions retailer reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. The firm had revenue of $9.83 billion for the quarter, compared to the consensus estimate of $9.50 billion. TJX Companies had a return on equity of 59.74% and a net margin of 7.98%. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.00 EPS. On average, research analysts expect that TJX Companies Inc will post 2.44 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 7th. Investors of record on Thursday, February 14th will be paid a dividend of $0.195 per share. The ex-dividend date of this dividend is Wednesday, February 13th. This represents a $0.78 dividend on an annualized basis and a yield of 1.56%. TJX Companies’s dividend payout ratio is presently 38.61%.

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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, accent furniture, lamps, rugs, wall d├ęcor, decorative accessories, giftware, lighting, soft home, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry; and other merchandise.

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

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