ASR Vermogensbeheer N.V. lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 2.3% in the second quarter, Holdings Channel reports. The institutional investor owned 408,307 shares of the apparel and home fashions retailer’s stock after acquiring an additional 9,188 shares during the quarter. TJX Companies comprises approximately 0.7% of ASR Vermogensbeheer N.V.’s holdings, making the stock its 28th largest position. ASR Vermogensbeheer N.V.’s holdings in TJX Companies were worth $50,421,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in TJX. TCTC Holdings LLC lifted its position in shares of TJX Companies by 210.1% during the 1st 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 last quarter. Atlantic Edge Private Wealth Management LLC lifted its position in shares of TJX Companies by 58.8% during the 1st 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 last quarter. Iron Horse Wealth Management LLC lifted its position in shares of TJX Companies by 99.3% during the 1st 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 last quarter. Inlight Wealth Management LLC purchased a new stake in shares of TJX Companies during the 1st quarter worth $37,000. Finally, Activest Wealth Management lifted its position in shares of TJX Companies by 4,485.7% during the 1st 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 last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.
TJX Companies Trading Down 0.0%
NYSE TJX opened at $144.49 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The firm has a market cap of $160.80 billion, a PE ratio of 32.91, a P/E/G ratio of 3.25 and a beta of 0.92. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $145.58. The firm’s fifty day moving average is $135.88 and its two-hundred day moving average is $128.93.
TJX Companies Dividend Announcement
The firm also recently disclosed 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. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s payout ratio is currently 38.72%.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on TJX shares. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Barclays lifted their price target on shares of TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Robert W. Baird lifted their price target on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Bank of America lifted their price target on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $155.00 price target (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $147.58.
Get 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.
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