GWN Securities Inc. lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 42.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,030 shares of the apparel and home fashions retailer’s stock after selling 3,016 shares during the quarter. GWN Securities Inc.’s holdings in TJX Companies were worth $500,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. TCTC Holdings LLC lifted its position in shares of 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 in the last quarter. Princeton Global Asset Management LLC acquired a new stake in shares of TJX Companies during the second quarter worth about $28,000. Atlantic Edge Private Wealth Management LLC lifted its position in shares of 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 in the last quarter. Iron Horse Wealth Management LLC lifted its position in shares of 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 in the last quarter. Finally, Activest Wealth Management lifted its position in shares of 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 in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.
TJX Companies Stock Performance
Shares of TJX Companies stock opened at $143.91 on Wednesday. The firm has a market capitalization of $160.17 billion, a P/E ratio of 32.78, a P/E/G ratio of 3.18 and a beta of 0.92. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $146.46. 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 firm’s 50 day moving average is $140.70 and its two-hundred day moving average is $131.95.
TJX Companies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. 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 38.72%.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on TJX shares. BTIG Research started coverage on shares of TJX Companies in a research note on Tuesday, October 14th. They set a “buy” rating and a $165.00 target price on the stock. Sanford C. Bernstein upped their target price on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Wells Fargo & Company set a $140.00 target price on shares of TJX Companies and gave the stock an “equal weight” rating in a research note on Monday. UBS Group upped their target price on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Finally, Barclays upped 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. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $149.00.
Check Out Our Latest Stock Analysis 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.
Read More
- Five stocks we like better than TJX Companies
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- The Drone Arms Race: From Battlefield to Balance Sheet
- What Are the U.K. Market Holidays? How to Invest and Trade
- Why Wall Street Is Backing These 3 Comeback Stocks
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Intel’s Breakout Quarter: More Than a Beat, It’s a Declaration
Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Companies, Inc. (NYSE:TJX – Free Report).
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.
