Choreo LLC Has $5.81 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

Choreo LLC increased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 26.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,010 shares of the apparel and home fashions retailer’s stock after purchasing an additional 9,893 shares during the period. Choreo LLC’s holdings in TJX Companies were worth $5,813,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Trivant Custom Portfolio Group LLC bought a new stake in shares of TJX Companies during the 4th quarter worth about $26,000. Capital Performance Advisors LLP acquired a new stake in TJX Companies in the 3rd quarter worth approximately $29,000. Truvestments Capital LLC bought a new stake in TJX Companies during the third quarter worth approximately $29,000. Copeland Capital Management LLC acquired a new position in TJX Companies during the third quarter valued at approximately $30,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of TJX Companies in the third quarter valued at approximately $30,000. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Trading Up 0.3 %

Shares of TJX Companies stock opened at $125.53 on Thursday. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The firm has a market capitalization of $141.11 billion, a PE ratio of 29.54, a price-to-earnings-growth ratio of 3.05 and a beta of 0.91. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The company’s fifty day moving average price is $123.29 and its two-hundred day moving average price is $118.49.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The business had revenue of $14.06 billion for 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 for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.03 earnings per share. On average, analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 1.19%. TJX Companies’s payout ratio is presently 35.29%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on TJX shares. Robert W. Baird upped their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Evercore ISI upped 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. Jefferies Financial Group raised their price target on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Two investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $133.53.

TJX Companies 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.