Cobblestone Capital Advisors LLC NY trimmed its position in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 100,474 shares of the apparel and home fashions retailer’s stock after selling 2,189 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in TJX Companies were worth $12,408,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of TJX. Nuveen LLC purchased a new position in TJX Companies in the 1st quarter worth approximately $1,330,717,000. Mirova US LLC lifted its stake in TJX Companies by 164.5% in the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after purchasing an additional 1,678,665 shares in the last quarter. Amundi lifted its stake in TJX Companies by 10.2% in the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. lifted its stake in TJX Companies by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after purchasing an additional 1,099,129 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in TJX Companies by 17.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock worth $829,180,000 after purchasing an additional 1,025,329 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.
TJX Companies Stock Down 0.4%
TJX stock opened at $141.90 on Monday. The TJX Companies, Inc. has a one year low of $111.73 and a one year high of $146.46. 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’s 50 day moving average price is $140.31 and its 200-day moving average price is $131.71. The firm has a market cap of $157.92 billion, a PE ratio of 32.32, a PEG ratio of 3.15 and a beta of 0.92.
TJX Companies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is 38.72%.
Analyst Ratings Changes
A number of research firms have weighed in on TJX. Barclays raised their target price 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. Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. BTIG Research began coverage on shares of TJX Companies in a research report on Tuesday, October 14th. They set a “buy” rating and a $165.00 price target on the stock. Sanford C. Bernstein lifted their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Finally, Daiwa Capital Markets began coverage on shares of TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, TJX Companies has a consensus rating of “Buy” and a consensus target price of $148.50.
Read Our Latest Stock Report on TJX
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.
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