Valeo Financial Advisors LLC boosted its holdings in shares of TJX Companies Inc (NYSE:TJX) by 90.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,406 shares of the apparel and home fashions retailer’s stock after acquiring an additional 2,093 shares during the period. Valeo Financial Advisors LLC’s holdings in TJX Companies were worth $197,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of TJX. Adirondack Trust Co. grew its stake in TJX Companies by 100.0% in the 4th quarter. Adirondack Trust Co. now owns 580 shares of the apparel and home fashions retailer’s stock worth $26,000 after acquiring an additional 290 shares during the period. Edge Wealth Management LLC grew its position in shares of TJX Companies by 100.0% in the fourth quarter. Edge Wealth Management LLC now owns 650 shares of the apparel and home fashions retailer’s stock valued at $29,000 after purchasing an additional 325 shares during the period. Sterling Investment Advisors Ltd. grew its position in shares of TJX Companies by 100.0% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 660 shares of the apparel and home fashions retailer’s stock valued at $29,000 after purchasing an additional 330 shares during the period. Lenox Wealth Advisors LLC grew its position in shares of 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. Finally, San Francisco Sentry Investment Group CA grew its position in shares of TJX Companies by 83.1% in the fourth quarter. San Francisco Sentry Investment Group CA now owns 782 shares of the apparel and home fashions retailer’s stock valued at $35,000 after purchasing an additional 355 shares during the period. Institutional investors own 50.70% of the company’s stock.

A number of equities research analysts have recently commented on TJX shares. Telsey Advisory Group lowered their price objective on TJX Companies from $55.00 to $51.00 and set a “market perform” rating for the company in a research report on Wednesday, November 21st. Credit Suisse Group decreased their target price on TJX Companies from $54.00 to $50.00 and set a “neutral” rating for the company in a research report on Wednesday, November 21st. Loop Capital set a $47.00 price target on TJX Companies and gave the stock a “hold” rating in a report on Tuesday, November 20th. Jefferies Financial Group set a $50.00 price objective on shares of TJX Companies and gave the company a “hold” rating in a research report on Tuesday, November 20th. Finally, Wells Fargo & Co reiterated a “hold” rating on shares of TJX Companies in a research note on Tuesday, November 20th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and nineteen have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $53.54.

TJX Companies stock traded up $0.05 on Monday, reaching $48.99. The company’s stock had a trading volume of 38,412 shares, compared to its average volume of 5,810,400. 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 $60.35 billion, a P/E ratio of 24.22, a P/E/G ratio of 1.69 and a beta of 0.67. TJX Companies Inc has a twelve month low of $36.41 and a twelve month high of $56.64.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Tuesday, November 20th. The apparel and home fashions retailer reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.02. The business had revenue of $9.83 billion for the quarter, compared to the consensus estimate of $9.50 billion. TJX Companies had a net margin of 7.98% and a return on equity of 59.74%. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.00 EPS. On average, equities research analysts predict that TJX Companies Inc will post 2.44 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 7th. Investors of record on Thursday, February 14th will be given a dividend of $0.195 per share. The ex-dividend date of this dividend is Wednesday, February 13th. This represents a $0.78 annualized dividend and a yield of 1.59%. TJX Companies’s dividend payout ratio (DPR) is 38.61%.

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TJX Companies 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 d├ęcor, 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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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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