Resonant Capital Advisors LLC Grows Holdings in The TJX Companies, Inc. (NYSE:TJX)

Resonant Capital Advisors LLC lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 10.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,488 shares of the apparel and home fashions retailer’s stock after buying an additional 321 shares during the quarter. Resonant Capital Advisors LLC’s holdings in TJX Companies were worth $421,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Algert Global LLC grew its holdings in TJX Companies by 36.8% in the 2nd quarter. Algert Global LLC now owns 4,608 shares of the apparel and home fashions retailer’s stock valued at $507,000 after buying an additional 1,240 shares during the period. Czech National Bank grew its position in TJX Companies by 6.7% during the third quarter. Czech National Bank now owns 230,223 shares of the apparel and home fashions retailer’s stock valued at $27,060,000 after acquiring an additional 14,413 shares during the period. GAMMA Investing LLC increased its stake in TJX Companies by 40.7% during the third quarter. GAMMA Investing LLC now owns 18,152 shares of the apparel and home fashions retailer’s stock worth $2,134,000 after acquiring an additional 5,251 shares during the last quarter. Diversified Trust Co raised its holdings in shares of TJX Companies by 18.6% in the 3rd quarter. Diversified Trust Co now owns 21,505 shares of the apparel and home fashions retailer’s stock worth $2,528,000 after purchasing an additional 3,375 shares during the period. Finally, Miracle Mile Advisors LLC lifted its stake in shares of TJX Companies by 21.9% in the 3rd quarter. Miracle Mile Advisors LLC now owns 14,758 shares of the apparel and home fashions retailer’s stock valued at $1,735,000 after purchasing an additional 2,654 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Down 0.4 %

TJX stock opened at $124.31 on Tuesday. The firm has a market cap of $139.74 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 3.05 and a beta of 0.91. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $128.00. The firm has a fifty day moving average price of $123.32 and a two-hundred day moving average price of $118.31. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50.

TJX Companies (NYSE:TJX) last announced 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 business had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. During the same quarter in the prior year, the firm earned $1.03 EPS. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. Research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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

Wall Street Analyst Weigh In

TJX has been the subject of a number of research analyst reports. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Evercore ISI upped their price target on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Jefferies Financial Group raised their price objective on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Robert W. Baird upped their target price on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $134.00 price target on shares of TJX Companies in a research report on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $131.67.

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.