Breakwater Capital Group Acquires 91 Shares of The TJX Companies, Inc. (NYSE:TJX)

Breakwater Capital Group lifted its stake in The TJX Companies, Inc. (NYSE:TJXFree Report) by 1.2% during the fourth quarter, HoldingsChannel reports. The firm owned 7,696 shares of the apparel and home fashions retailer’s stock after purchasing an additional 91 shares during the period. Breakwater Capital Group’s holdings in TJX Companies were worth $930,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Global Financial Private Client LLC raised its position in TJX Companies by 3.6% during the 4th quarter. Global Financial Private Client LLC now owns 3,122 shares of the apparel and home fashions retailer’s stock valued at $377,000 after purchasing an additional 109 shares in the last quarter. Signal Advisors Wealth LLC increased its stake in shares of TJX Companies by 17.1% during the fourth quarter. Signal Advisors Wealth LLC now owns 4,911 shares of the apparel and home fashions retailer’s stock valued at $593,000 after buying an additional 716 shares during the period. Ayrshire Capital Management LLC raised its holdings in shares of TJX Companies by 1.7% in the fourth quarter. Ayrshire Capital Management LLC now owns 61,950 shares of the apparel and home fashions retailer’s stock valued at $7,484,000 after acquiring an additional 1,059 shares in the last quarter. Cullen Investment Group LTD. lifted its stake in TJX Companies by 2.5% in the fourth quarter. Cullen Investment Group LTD. now owns 23,571 shares of the apparel and home fashions retailer’s stock worth $2,848,000 after acquiring an additional 582 shares during the period. Finally, Marcum Wealth LLC grew its holdings in TJX Companies by 11.3% during the 4th quarter. Marcum Wealth LLC now owns 6,736 shares of the apparel and home fashions retailer’s stock worth $814,000 after acquiring an additional 685 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Down 0.1 %

NYSE:TJX opened at $119.96 on Tuesday. The company has a market capitalization of $134.85 billion, a P/E ratio of 28.23, a PEG ratio of 3.07 and a beta of 0.91. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The firm has a fifty day simple moving average of $122.21 and a 200-day simple moving average of $117.27.

TJX Companies (NYSE:TJXGet Free Report) last issued its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The company had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the business posted $1.03 EPS. On average, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.25%. The ex-dividend date is Thursday, February 13th. TJX Companies’s payout ratio is 35.29%.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of recent research reports. Guggenheim boosted their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Jefferies Financial Group boosted their price target on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $134.00 price objective on shares of TJX Companies in a research report on Friday, December 6th. Wells Fargo & Company boosted their target price on shares of TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, Robert W. Baird raised their price target on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, TJX Companies presently has an average rating of “Moderate Buy” and a consensus price target of $131.33.

View Our Latest Report on TJX

TJX Companies Company Profile

(Free Report)

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.

See Also

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:TJXFree Report).

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

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