Whitnell & Co. lifted its holdings in shares of TJX Companies Inc (NYSE:TJX) by 15.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,000 shares of the apparel and home fashions retailer’s stock after purchasing an additional 3,275 shares during the quarter. Whitnell & Co.’s holdings in TJX Companies were worth $1,394,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its position in TJX Companies by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 98,880,165 shares of the apparel and home fashions retailer’s stock worth $5,228,784,000 after purchasing an additional 1,697,819 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of TJX Companies by 6.1% during the 2nd quarter. BlackRock Inc. now owns 91,057,292 shares of the apparel and home fashions retailer’s stock worth $4,815,108,000 after acquiring an additional 5,274,627 shares during the period. Alecta Pensionsforsakring Omsesidigt lifted its holdings in shares of TJX Companies by 1.3% during the 3rd quarter. Alecta Pensionsforsakring Omsesidigt now owns 15,335,076 shares of the apparel and home fashions retailer’s stock worth $854,777,000 after acquiring an additional 200,000 shares during the period. Fiera Capital Corp lifted its holdings in shares of TJX Companies by 3.2% during the 2nd quarter. Fiera Capital Corp now owns 12,991,834 shares of the apparel and home fashions retailer’s stock worth $687,008,000 after acquiring an additional 404,764 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of TJX Companies by 1.9% during the 2nd quarter. Invesco Ltd. now owns 10,548,459 shares of the apparel and home fashions retailer’s stock worth $557,803,000 after acquiring an additional 197,115 shares during the period. Institutional investors own 89.39% of the company’s stock.
Shares of NYSE TJX traded down $0.07 during trading on Friday, reaching $59.23. The company had a trading volume of 2,262,721 shares, compared to its average volume of 5,843,974. TJX Companies Inc has a 52 week low of $41.49 and a 52 week high of $60.89. The stock has a market cap of $71.62 billion, a PE ratio of 28.07, a PEG ratio of 2.14 and a beta of 0.67. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.48 and a current ratio of 1.25. The business’s 50 day moving average price is $57.44 and its 200-day moving average price is $54.64.
TJX Companies (NYSE:TJX) last announced its earnings results on Tuesday, August 20th. The apparel and home fashions retailer reported $0.62 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.62. TJX Companies had a net margin of 7.66% and a return on equity of 57.64%. The company had revenue of $9.78 billion during the quarter, compared to the consensus estimate of $9.89 billion. During the same period in the previous year, the firm posted $1.17 earnings per share. The company’s revenue was up 4.8% on a year-over-year basis. Equities analysts anticipate that TJX Companies Inc will post 2.61 earnings per share for the current year.
The business also recently announced a — dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be paid a $0.23 dividend. This represents a dividend yield of 1.7%. The ex-dividend date is Wednesday, November 13th. TJX Companies’s dividend payout ratio is presently 43.60%.
Several equities analysts recently issued reports on TJX shares. Zacks Investment Research raised shares of TJX Companies from a “sell” rating to a “hold” rating and set a $64.00 price target for the company in a report on Friday, October 18th. Nomura started coverage on shares of TJX Companies in a report on Thursday. They set a “buy” rating and a $65.00 price target for the company. UBS Group raised shares of TJX Companies from a “sell” rating to a “neutral” rating and lifted their price target for the company from $41.00 to $58.00 in a report on Tuesday, September 17th. Cowen set a $62.00 price target on shares of TJX Companies and gave the company a “buy” rating in a report on Tuesday, August 20th. Finally, Bank of America set a $65.00 price target on shares of TJX Companies and gave the company a “buy” rating in a report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $60.17.
TJX Companies Company Profile
The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. 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, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise.
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