apricus wealth LLC lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 3.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,948 shares of the apparel and home fashions retailer’s stock after selling 80 shares during the quarter. apricus wealth LLC’s holdings in TJX Companies were worth $241,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TCTC Holdings LLC boosted its position in TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 145 shares during the period. Princeton Global Asset Management LLC bought a new position in TJX Companies during the second quarter worth about $28,000. Atlantic Edge Private Wealth Management LLC boosted its position in TJX Companies by 58.8% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 110 shares during the period. Iron Horse Wealth Management LLC boosted its position in TJX Companies by 99.3% during the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 149 shares during the period. Finally, Activest Wealth Management boosted its position in TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after purchasing an additional 314 shares during the period. Institutional investors own 91.09% of the company’s stock.
TJX Companies Price Performance
Shares of NYSE TJX opened at $143.32 on Tuesday. The firm has a market capitalization of $159.50 billion, a P/E ratio of 32.65, a P/E/G ratio of 3.19 and a beta of 0.92. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The stock’s 50-day simple moving average is $139.55 and its two-hundred day simple moving average is $131.11. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46.
TJX Companies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio is currently 38.72%.
Analysts Set New Price Targets
TJX has been the topic of a number of analyst reports. Daiwa America upgraded TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Daiwa Capital Markets initiated coverage on TJX Companies in a research note on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price objective on the stock. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $155.00 price objective (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $148.50.
Check Out Our Latest Stock Report on TJX Companies
About TJX Companies
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.
Recommended Stories
- Five stocks we like better than TJX Companies
- How to invest in marijuana stocks in 7 steps
- Louis Vuitton Earnings Show Luxury Bull Market Isn’t Done Yet
- Are Penny Stocks a Good Fit for Your Portfolio?
- 3 High-Yield Banks for Investors to Buy on the Dip
- 3 Tickers Leading a Meme Stock Revival
- 5 Surprising Stocks Set to Benefit From a Future Robotics Boom
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.