Wealthcare Advisory Partners LLC Acquires 134 Shares of The TJX Companies, Inc. (NYSE:TJX)

Wealthcare Advisory Partners LLC lifted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 30,712 shares of the apparel and home fashions retailer’s stock after purchasing an additional 134 shares during the period. Wealthcare Advisory Partners LLC’s holdings in TJX Companies were worth $3,710,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital Performance Advisors LLP bought a new stake in TJX Companies during the third quarter valued at about $29,000. Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies during the third quarter valued at about $30,000. Truvestments Capital LLC bought a new stake in shares of TJX Companies in the 3rd quarter valued at about $29,000. Copeland Capital Management LLC purchased a new position in shares of TJX Companies in the 3rd quarter worth approximately $30,000. Finally, Northwest Investment Counselors LLC bought a new position in shares of TJX Companies during the 3rd quarter worth approximately $37,000. 91.09% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TJX. Robert W. Baird raised their target price on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. UBS Group increased their price objective on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Evercore ISI boosted their target price on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Wells Fargo & Company upped their target price on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. Finally, Guggenheim boosted their price target on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat.com, TJX Companies currently has a consensus rating of “Moderate Buy” and an average target price of $131.33.

TJX Companies Stock Performance

TJX opened at $121.89 on Friday. 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 50 day moving average of $122.48 and a two-hundred day moving average of $117.38. The firm has a market capitalization of $137.03 billion, a PE ratio of 28.68, a P/E/G ratio of 2.94 and a beta of 0.91.

TJX Companies (NYSE:TJX) 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 the consensus estimate of $1.09 by $0.05. The firm had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The firm’s revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.03 earnings per share. On average, analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.23%. TJX Companies’s dividend payout ratio (DPR) is presently 35.29%.

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.