Brighton Jones LLC boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 19.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,738 shares of the apparel and home fashions retailer’s stock after acquiring an additional 2,853 shares during the quarter. Brighton Jones LLC’s holdings in TJX Companies were worth $2,190,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in TJX. TCTC Holdings LLC grew its holdings in TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after acquiring an additional 145 shares during the last quarter. Princeton Global Asset Management LLC bought a new stake in TJX Companies during the 2nd quarter worth approximately $28,000. Atlantic Edge Private Wealth Management LLC grew its holdings in TJX Companies by 58.8% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after acquiring an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC grew its holdings in TJX Companies by 99.3% during the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after acquiring an additional 149 shares during the last quarter. Finally, Activest Wealth Management grew its holdings in TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after acquiring an additional 314 shares during the last quarter. 91.09% of the stock is owned by institutional investors.
TJX Companies Stock Down 0.4%
TJX Companies stock opened at $141.90 on Monday. 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 TJX Companies, Inc. has a 12-month low of $111.73 and a 12-month high of $146.46. The firm’s fifty day moving average is $140.31 and its 200 day moving average is $131.71. The company has a market capitalization of $157.92 billion, a PE ratio of 32.32, a PEG ratio of 3.15 and a beta of 0.92.
TJX Companies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is presently 38.72%.
Wall Street Analyst Weigh In
TJX has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price target on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Erste Group Bank initiated coverage on shares of TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating on the stock. Robert W. Baird boosted their price target on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research report on Friday. Finally, Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $148.50.
Get Our Latest Stock Report on TJX
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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