Sanctuary Advisors LLC Buys 2,071 Shares of The TJX Companies, Inc. (NYSE:TJX)

Sanctuary Advisors LLC grew its stake in The TJX Companies, Inc. (NYSE:TJX) by 1.0% in the fourth quarter, HoldingsChannel reports. The fund owned 207,227 shares of the apparel and home fashions retailer’s stock after acquiring an additional 2,071 shares during the period. Sanctuary Advisors LLC’s holdings in TJX Companies were worth $26,129,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Creative Planning raised its stake in shares of TJX Companies by 5.5% during the third quarter. Creative Planning now owns 323,654 shares of the apparel and home fashions retailer’s stock worth $38,042,000 after buying an additional 16,883 shares during the last quarter. Howard Capital Management Group LLC raised its stake in shares of TJX Companies by 42.9% during the third quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock worth $27,208,000 after buying an additional 69,489 shares during the last quarter. Richard W. Paul & Associates LLC raised its stake in shares of TJX Companies by 71.4% during the third quarter. Richard W. Paul & Associates LLC now owns 389 shares of the apparel and home fashions retailer’s stock worth $46,000 after buying an additional 162 shares during the last quarter. Net Worth Advisory Group bought a new stake in shares of TJX Companies during the third quarter worth approximately $685,000. Finally, Moss Adams Wealth Advisors LLC raised its stake in shares of TJX Companies by 8.7% during the third quarter. Moss Adams Wealth Advisors LLC now owns 2,749 shares of the apparel and home fashions retailer’s stock worth $323,000 after buying an additional 220 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Performance

Shares of TJX opened at $124.33 on Monday. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The firm has a fifty day simple moving average of $123.17 and a 200 day simple moving average of $119.15. The stock has a market capitalization of $139.77 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 2.82 and a beta of 0.91. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping the consensus estimate of $1.09 by $0.05. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. During the same quarter in the prior year, the company posted $1.03 earnings per share. The firm’s revenue was up 6.0% on a year-over-year basis. Research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is currently 35.29%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TJX. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. TD Cowen boosted their price objective on shares of TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Jefferies Financial Group boosted their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Finally, Robert W. Baird boosted their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Two equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $133.53.

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.