CMH Wealth Management LLC Trims Stake in The TJX Companies, Inc. (NYSE:TJX)

CMH Wealth Management LLC lessened its position in The TJX Companies, Inc. (NYSE:TJX) by 0.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,013 shares of the apparel and home fashions retailer’s stock after selling 118 shares during the quarter. TJX Companies accounts for 2.2% of CMH Wealth Management LLC’s portfolio, making the stock its 14th largest position. CMH Wealth Management LLC’s holdings in TJX Companies were worth $9,666,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Central Bank & Trust Co. boosted its holdings in TJX Companies by 9.1% during the 4th quarter. Central Bank & Trust Co. now owns 18,755 shares of the apparel and home fashions retailer’s stock valued at $2,266,000 after acquiring an additional 1,569 shares during the period. Cove Private Wealth LLC bought a new stake in shares of TJX Companies during the fourth quarter worth $615,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of TJX Companies by 69.3% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 10,963 shares of the apparel and home fashions retailer’s stock valued at $1,324,000 after purchasing an additional 4,486 shares during the period. UMB Bank n.a. boosted its stake in shares of TJX Companies by 9.7% during the fourth quarter. UMB Bank n.a. now owns 480,353 shares of the apparel and home fashions retailer’s stock valued at $58,031,000 after purchasing an additional 42,291 shares during the period. Finally, Trueblood Wealth Management LLC increased its stake in TJX Companies by 11.0% in the 4th quarter. Trueblood Wealth Management LLC now owns 5,161 shares of the apparel and home fashions retailer’s stock worth $624,000 after buying an additional 513 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on TJX shares. Guggenheim boosted their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Evercore ISI boosted their price target on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Jefferies Financial Group increased their price objective on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $134.00 price target on shares of TJX Companies in a research note on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.33.

TJX Companies Trading Up 0.4 %

NYSE:TJX opened at $121.89 on Tuesday. The stock has a market capitalization of $137.03 billion, a price-to-earnings ratio of 28.68, a PEG ratio of 2.98 and a beta of 0.91. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The firm has a 50 day moving average of $122.56 and a 200 day moving average of $117.56.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating the consensus estimate of $1.09 by $0.05. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. During the same quarter in the prior year, the business posted $1.03 EPS. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.23%. TJX Companies’s dividend payout ratio (DPR) is currently 35.29%.

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.