Cwm LLC grew its position in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 2.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 312,916 shares of the apparel and home fashions retailer’s stock after acquiring an additional 6,479 shares during the quarter. Cwm LLC’s holdings in TJX Companies were worth $38,642,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the company. Lawson Kroeker Investment Management Inc. NE increased its position in TJX Companies by 4.3% in the 2nd quarter. Lawson Kroeker Investment Management Inc. NE now owns 28,790 shares of the apparel and home fashions retailer’s stock worth $3,555,000 after purchasing an additional 1,197 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in TJX Companies by 20.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 180,278 shares of the apparel and home fashions retailer’s stock worth $22,264,000 after purchasing an additional 30,782 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in TJX Companies by 4.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 69,813 shares of the apparel and home fashions retailer’s stock worth $8,621,000 after purchasing an additional 2,783 shares during the last quarter. Asset Planning Inc increased its position in TJX Companies by 51.3% in the 2nd quarter. Asset Planning Inc now owns 1,690 shares of the apparel and home fashions retailer’s stock worth $209,000 after purchasing an additional 573 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC increased its position in TJX Companies by 11.1% in the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 33,313 shares of the apparel and home fashions retailer’s stock worth $4,114,000 after purchasing an additional 3,337 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.
TJX Companies Price Performance
Shares of NYSE:TJX opened at $140.38 on Friday. The business has a 50 day moving average price of $138.07 and a 200 day moving average price of $130.17. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $145.58. The company has a market cap of $156.23 billion, a price-to-earnings ratio of 31.98, a PEG ratio of 3.12 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.
TJX Companies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.
Analysts Set New Price Targets
TJX has been the subject of several recent analyst reports. Sanford C. Bernstein upped their price target on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Citigroup upped their price target on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Bank of America upped their price target on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Robert W. Baird upped their price target on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $147.63.
Read Our Latest Stock Analysis on TJX Companies
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.
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