Nwam LLC decreased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 19.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,016 shares of the apparel and home fashions retailer’s stock after selling 947 shares during the quarter. Nwam LLC’s holdings in TJX Companies were worth $505,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of TJX. Nuveen LLC bought a new stake in shares of TJX Companies during the 1st quarter valued at $1,330,717,000. Mirova US LLC grew its stake in shares of TJX Companies by 164.5% during the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after purchasing an additional 1,678,665 shares during the period. Amundi grew its stake in shares of TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares during the period. Vanguard Group Inc. increased its holdings in TJX Companies by 1.1% in the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after purchasing an additional 1,099,129 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in TJX Companies by 17.7% in the first 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 buying an additional 1,025,329 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.
TJX Companies Trading Up 0.8%
Shares of NYSE:TJX opened at $147.38 on Thursday. The firm has a market cap of $164.03 billion, a price-to-earnings ratio of 33.57, a PEG ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $148.11. The company’s fifty day simple moving average is $142.09 and its 200 day simple moving average is $133.22. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.
TJX Companies Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend 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 is 38.72%.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on TJX shares. Jefferies Financial Group restated a “buy” rating and set a $170.00 target price on shares of TJX Companies in a research report on Tuesday. Evercore ISI boosted their price objective on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Sanford C. Bernstein increased their target price on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. JPMorgan Chase & Co. lifted their price target on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Finally, Morgan Stanley upped their price objective on shares of TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. One research 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. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $151.75.
View Our Latest Research Report on TJX
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.
Read More
- Five stocks we like better than TJX Companies
- How to trade penny stocks: A step-by-step guide
- As Warren Buffett Nears His Exit, Berkshire’s Amassed Record Cash
- Canadian Penny Stocks: Can They Make You Rich?
- Rare Earth Stocks: The Truce That Isn’t a Truce
- Insider Buying Explained: What Investors Need to Know
- Carving Up Profits: 3 Food Stocks on the Thanksgiving Table
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.
