Valued Wealth Advisors LLC Buys 115 Shares of The TJX Companies, Inc. (NYSE:TJX)

Valued Wealth Advisors LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 51.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 339 shares of the apparel and home fashions retailer’s stock after acquiring an additional 115 shares during the period. Valued Wealth Advisors LLC’s holdings in TJX Companies were worth $40,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Principal Securities Inc. raised its stake in TJX Companies by 25.4% during the third quarter. Principal Securities Inc. now owns 29,042 shares of the apparel and home fashions retailer’s stock worth $3,414,000 after acquiring an additional 5,879 shares in the last quarter. Lincluden Management Ltd. increased its holdings in TJX Companies by 1.3% during the 3rd quarter. Lincluden Management Ltd. now owns 25,588 shares of the apparel and home fashions retailer’s stock valued at $3,008,000 after purchasing an additional 324 shares in the last quarter. Oak Ridge Investments LLC acquired a new stake in shares of TJX Companies in the third quarter valued at $203,000. Congress Asset Management Co. lifted its position in TJX Companies by 1.2% during the 3rd quarter. Congress Asset Management Co. now owns 1,215,804 shares of the apparel and home fashions retailer’s stock worth $142,906,000 after buying an additional 14,644 shares in the last quarter. Finally, Nikulski Financial Inc. grew its holdings in TJX Companies by 1.9% during the 3rd quarter. Nikulski Financial Inc. now owns 12,860 shares of the apparel and home fashions retailer’s stock worth $1,512,000 after acquiring an additional 245 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Ernie Herrman sold 15,000 shares of TJX Companies stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the completion of the sale, the chief executive officer now owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.13% of the company’s stock.

TJX Companies Stock Up 0.3 %

TJX traded up $0.32 during trading on Friday, reaching $113.35. 145,576 shares of the stock were exchanged, compared to its average volume of 5,197,027. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21. The stock’s 50 day moving average price is $116.56 and its two-hundred day moving average price is $109.70. The TJX Companies, Inc. has a twelve month low of $87.26 and a twelve month high of $121.13. The stock has a market cap of $127.84 billion, a P/E ratio of 27.31, a price-to-earnings-growth ratio of 2.85 and a beta of 0.89.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.04. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. The company had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.31 billion. During the same period in the previous year, the business earned $0.85 EPS. TJX Companies’s revenue for the quarter was up 5.6% compared to the same quarter last year. Equities analysts expect that The TJX Companies, Inc. will post 4.15 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Thursday, November 14th. TJX Companies’s dividend payout ratio (DPR) is presently 36.23%.

Analyst Ratings Changes

TJX has been the topic of several research analyst reports. TD Cowen increased their price target on shares of TJX Companies from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Robert W. Baird increased their price target on shares of TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Citigroup cut TJX Companies from a “buy” rating to a “neutral” rating and boosted their target price for the company from $110.00 to $128.00 in a research note on Thursday, August 22nd. Evercore ISI raised their target price on shares of TJX Companies from $115.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, August 19th. Finally, Barclays upped their price target on shares of TJX Companies from $114.00 to $136.00 and gave the company an “overweight” rating in a report on Thursday, August 22nd. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, TJX Companies presently has an average rating of “Moderate Buy” and a consensus price target of $126.76.

About TJX Companies

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.