Boston Common Asset Management LLC lessened its holdings in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 4.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 188,694 shares of the apparel and home fashions retailer’s stock after selling 7,787 shares during the quarter. Boston Common Asset Management LLC’s holdings in TJX Companies were worth $23,302,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings 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 valued at $12,230,396,000 after buying an additional 1,099,129 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of TJX Companies by 0.3% in the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock valued at $1,591,758,000 after purchasing an additional 35,800 shares in the last quarter. Amundi boosted its stake in shares of 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 valued at $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Nuveen LLC acquired a new stake in shares of TJX Companies in the 1st quarter valued at $1,330,717,000. Finally, Invesco Ltd. boosted its stake in shares of TJX Companies by 2.8% in the 1st quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock valued at $1,096,273,000 after purchasing an additional 247,579 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.
TJX Companies Stock Performance
TJX Companies stock opened at $141.30 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $145.58. The company has a market cap of $157.26 billion, a PE ratio of 32.19, a PEG ratio of 3.18 and a beta of 0.92. The company’s 50-day moving average is $136.51 and its two-hundred day moving average is $129.38.
TJX Companies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on the stock. Citigroup boosted their target price on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Daiwa Capital Markets assumed coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 target price on the stock. Macquarie restated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. JPMorgan Chase & Co. boosted their target price on shares of TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Finally, UBS Group upped their price target on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, TJX Companies currently has an average rating of “Buy” and a consensus target price of $147.58.
Get Our Latest Analysis on TJX Companies
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.
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