Accurate Investment Solutions Inc. Acquires 2,800 Shares of TJX Companies Inc (TJX)
Accurate Investment Solutions Inc. raised its holdings in shares of TJX Companies Inc (NYSE:TJX) by 100.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,600 shares of the apparel and home fashions retailer’s stock after acquiring an additional 2,800 shares during the quarter. Accurate Investment Solutions Inc.’s holdings in TJX Companies were worth $251,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also bought and sold shares of the company. Edge Wealth Management LLC grew its holdings in shares of TJX Companies by 100.0% during the fourth quarter. Edge Wealth Management LLC now owns 650 shares of the apparel and home fashions retailer’s stock worth $29,000 after buying an additional 325 shares in the last quarter. Lenox Wealth Advisors LLC grew its holdings in TJX Companies by 100.0% in the fourth quarter. Lenox Wealth Advisors LLC now owns 734 shares of the apparel and home fashions retailer’s stock valued at $33,000 after purchasing an additional 367 shares during the period. Webster Bank N. A. grew its holdings in TJX Companies by 81.5% in the fourth quarter. Webster Bank N. A. now owns 2,218 shares of the apparel and home fashions retailer’s stock valued at $100,000 after purchasing an additional 996 shares during the period. Atlas Capital Advisors LLC purchased a new stake in TJX Companies in the third quarter valued at approximately $107,000. Finally, Capital Guardian Trust Co. purchased a new stake in TJX Companies in the third quarter valued at approximately $109,000. Hedge funds and other institutional investors own 44.61% of the company’s stock.
NYSE TJX opened at $47.46 on Friday. TJX Companies Inc has a 52 week low of $36.41 and a 52 week high of $56.64. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.63 and a current ratio of 1.55. The firm has a market cap of $58.29 billion, a PE ratio of 23.50, a PEG ratio of 1.74 and a beta of 0.67.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 7th. Stockholders of record on Thursday, February 14th will be given a dividend of $0.195 per share. The ex-dividend date is Wednesday, February 13th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 1.64%. TJX Companies’s payout ratio is currently 38.61%.
A number of equities research analysts recently issued reports on TJX shares. Citigroup boosted their target price on shares of TJX Companies from $55.50 to $62.50 and gave the company a “buy” rating in a report on Tuesday, October 16th. Cowen set a $62.50 target price on shares of TJX Companies and gave the company a “buy” rating in a report on Tuesday, September 25th. DA Davidson started coverage on shares of TJX Companies in a report on Tuesday, September 25th. They issued a “buy” rating and a $65.00 target price for the company. Zacks Investment Research upgraded shares of TJX Companies from a “hold” rating to a “buy” rating and set a $61.00 target price for the company in a report on Friday, November 16th. Finally, Nomura lowered their target price on shares of TJX Companies from $60.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, November 21st. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seventeen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $53.58.
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, accent furniture, lamps, rugs, wall décor, decorative accessories, giftware, lighting, soft home, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry; and other merchandise.
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