Commonwealth Retirement Investments LLC Has $1.27 Million Stock Position in The TJX Companies, Inc. (NYSE:TJX)

Commonwealth Retirement Investments LLC raised its stake in The TJX Companies, Inc. (NYSE:TJX) by 5.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 10,527 shares of the apparel and home fashions retailer’s stock after acquiring an additional 527 shares during the period. Commonwealth Retirement Investments LLC’s holdings in TJX Companies were worth $1,272,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Howard Capital Management Group LLC increased its holdings in TJX Companies by 42.9% during the 3rd quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock worth $27,208,000 after purchasing an additional 69,489 shares in the last quarter. NorthCrest Asset Manangement LLC boosted its position in shares of TJX Companies by 12.1% during the third quarter. NorthCrest Asset Manangement LLC now owns 3,655 shares of the apparel and home fashions retailer’s stock worth $430,000 after buying an additional 394 shares during the period. Modera Wealth Management LLC grew its holdings in shares of TJX Companies by 4.3% during the third quarter. Modera Wealth Management LLC now owns 9,907 shares of the apparel and home fashions retailer’s stock worth $1,165,000 after buying an additional 405 shares in the last quarter. Frank Rimerman Advisors LLC raised its position in TJX Companies by 20.2% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 11,695 shares of the apparel and home fashions retailer’s stock valued at $1,375,000 after buying an additional 1,969 shares during the last quarter. Finally, J.W. Cole Advisors Inc. lifted its stake in TJX Companies by 51.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 17,987 shares of the apparel and home fashions retailer’s stock valued at $2,114,000 after acquiring an additional 6,116 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Up 0.2 %

TJX stock opened at $121.35 on Tuesday. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $128.00. The business’s 50 day simple moving average is $122.81 and its 200 day simple moving average is $119.72. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $136.42 billion, a PE ratio of 28.55, a PEG ratio of 2.75 and a beta of 0.91.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.24%. The ex-dividend date is Thursday, February 13th. TJX Companies’s payout ratio is presently 35.29%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on TJX shares. TD Cowen raised their price target on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Wells Fargo & Company increased their target price on shares of TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. Jefferies Financial Group lifted their price target on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. UBS Group boosted their price target on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Finally, StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Two research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $134.18.

TJX Companies Company 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.