Everett Harris & Co. CA Purchases 1,918 Shares of The TJX Companies, Inc. (NYSE:TJX)

Everett Harris & Co. CA boosted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,153,297 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,918 shares during the quarter. TJX Companies makes up 1.8% of Everett Harris & Co. CA’s portfolio, making the stock its 11th largest position. Everett Harris & Co. CA’s holdings in TJX Companies were worth $139,330,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Algert Global LLC lifted its stake in TJX Companies by 36.8% in the 2nd quarter. Algert Global LLC now owns 4,608 shares of the apparel and home fashions retailer’s stock worth $507,000 after purchasing an additional 1,240 shares in the last quarter. Heritage Wealth Management Inc. purchased a new stake in shares of TJX Companies in the second quarter worth about $207,000. Massmutual Trust Co. FSB ADV boosted its stake in TJX Companies by 1.5% during the third quarter. Massmutual Trust Co. FSB ADV now owns 6,477 shares of the apparel and home fashions retailer’s stock valued at $761,000 after buying an additional 97 shares during the last quarter. Czech National Bank grew its holdings in TJX Companies by 6.7% during the 3rd quarter. Czech National Bank now owns 230,223 shares of the apparel and home fashions retailer’s stock valued at $27,060,000 after buying an additional 14,413 shares in the last quarter. Finally, Unique Wealth LLC bought a new stake in TJX Companies in the 3rd quarter worth approximately $214,000. 91.09% of the stock is owned by institutional investors.

TJX Companies Trading Down 1.0 %

Shares of NYSE TJX opened at $124.83 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 stock has a market capitalization of $140.33 billion, a PE ratio of 29.37, a PEG ratio of 3.04 and a beta of 0.91. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00. The stock has a fifty day simple moving average of $123.25 and a 200-day simple moving average of $118.18.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating the consensus estimate of $1.09 by $0.05. The company 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 EPS. On average, equities analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio is presently 35.29%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on TJX shares. Deutsche Bank Aktiengesellschaft raised their target price on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. TD Cowen lifted their price objective on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Evercore ISI increased their price target on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Telsey Advisory Group reissued an “outperform” rating and set a $134.00 price objective on shares of TJX Companies in a research note on Friday, December 6th. Finally, Guggenheim raised their price objective on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $131.67.

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.