JFS Wealth Advisors LLC Raises Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

JFS Wealth Advisors LLC raised its stake in The TJX Companies, Inc. (NYSE:TJX) by 0.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,617 shares of the apparel and home fashions retailer’s stock after purchasing an additional 99 shares during the period. JFS Wealth Advisors LLC’s holdings in TJX Companies were worth $1,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Bogart Wealth LLC purchased a new position in shares of TJX Companies in the 4th quarter worth approximately $25,000. Trivant Custom Portfolio Group LLC acquired a new stake in TJX Companies in the fourth quarter valued at approximately $26,000. Capital Performance Advisors LLP purchased a new position in TJX Companies in the third quarter worth $29,000. Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies during the third quarter worth $30,000. Finally, Truvestments Capital LLC purchased a new stake in shares of TJX Companies during the 3rd quarter valued at $29,000. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Price Performance

NYSE:TJX opened at $124.33 on Monday. 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 has a 50 day moving average price of $123.17 and a 200-day moving average price of $119.15. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $128.00. The firm has a market cap of $139.77 billion, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 2.82 and a beta of 0.91.

TJX Companies (NYSE:TJX) last released its quarterly earnings data 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. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. During the same quarter in the previous year, the company earned $1.03 earnings per share. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.21%. The ex-dividend date is Thursday, February 13th. TJX Companies’s payout ratio is currently 35.29%.

Wall Street Analysts Forecast Growth

TJX has been the topic of several research analyst reports. UBS Group boosted their target price on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Jefferies Financial Group increased their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Guggenheim boosted their target price on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft raised their price target on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, Evercore ISI boosted their price objective 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. Two investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, the stock 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.