Henrickson Nauta Wealth Advisors Inc. Makes New Investment in The TJX Companies, Inc. (NYSE:TJX)

Henrickson Nauta Wealth Advisors Inc. acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,670 shares of the apparel and home fashions retailer’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. State Street Corp boosted its holdings in TJX Companies by 1.0% in the third quarter. State Street Corp now owns 47,556,435 shares of the apparel and home fashions retailer’s stock valued at $5,589,783,000 after purchasing an additional 469,287 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of TJX Companies by 1.5% in the third quarter. Geode Capital Management LLC now owns 23,857,584 shares of the apparel and home fashions retailer’s stock valued at $2,795,121,000 after acquiring an additional 363,707 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of TJX Companies by 33.4% in the second quarter. Ameriprise Financial Inc. now owns 12,241,176 shares of the apparel and home fashions retailer’s stock valued at $1,347,934,000 after acquiring an additional 3,063,318 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of TJX Companies by 7.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,182,564 shares of the apparel and home fashions retailer’s stock valued at $1,079,319,000 after acquiring an additional 643,833 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in shares of TJX Companies by 9.9% in the third quarter. Franklin Resources Inc. now owns 7,271,499 shares of the apparel and home fashions retailer’s stock valued at $837,951,000 after acquiring an additional 657,529 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Trading Down 0.5 %

Shares of TJX Companies stock opened at $119.29 on Wednesday. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The firm has a market cap of $134.10 billion, a price-to-earnings ratio of 28.07, a price-to-earnings-growth ratio of 3.07 and a beta of 0.91. The business has a fifty day simple moving average of $122.32 and a 200-day simple moving average of $117.34. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00.

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 (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.05. The firm had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.03 EPS. On average, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be issued 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 1.26%. TJX Companies’s dividend payout ratio is 35.29%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TJX shares. Guggenheim increased their price objective on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft increased their price objective on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Telsey Advisory Group reissued an “outperform” rating and issued a $134.00 price objective on shares of TJX Companies in a report on Friday, December 6th. TD Cowen upped their price target on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Finally, StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat, TJX Companies has an average rating of “Moderate Buy” and a consensus target price of $131.33.

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.