Capital Investment Advisory Services LLC Has $1.06 Million Stake in The TJX Companies, Inc. (NYSE:TJX)

Capital Investment Advisory Services LLC increased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 8,778 shares of the apparel and home fashions retailer’s stock after acquiring an additional 91 shares during the period. Capital Investment Advisory Services LLC’s holdings in TJX Companies were worth $1,060,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in TJX. Algert Global LLC raised its position in TJX Companies by 36.8% during the second quarter. Algert Global LLC now owns 4,608 shares of the apparel and home fashions retailer’s stock worth $507,000 after acquiring an additional 1,240 shares in the last quarter. Advisory Alpha LLC raised its position in TJX Companies by 19.9% during the second quarter. Advisory Alpha LLC now owns 3,353 shares of the apparel and home fashions retailer’s stock worth $369,000 after acquiring an additional 556 shares in the last quarter. Cetera Investment Advisers raised its position in TJX Companies by 14.3% during the second quarter. Cetera Investment Advisers now owns 274,022 shares of the apparel and home fashions retailer’s stock worth $30,170,000 after acquiring an additional 34,256 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in TJX Companies during the second quarter worth $14,718,000. Finally, Heritage Wealth Management Inc. bought a new stake in TJX Companies during the second quarter worth $207,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on TJX. Jefferies Financial Group upped their price target on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. TD Cowen upped their price target on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Guggenheim increased 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. Telsey Advisory Group reissued an “outperform” rating and issued a $134.00 price objective on shares of TJX Companies in a research report on Friday, December 6th. Finally, Robert W. Baird increased their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat, TJX Companies currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.67.

TJX Companies Trading Up 1.5 %

Shares of TJX Companies stock opened at $126.09 on Friday. The company has a market capitalization of $141.74 billion, a price-to-earnings ratio of 29.67, a PEG ratio of 3.04 and a beta of 0.91. 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 TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The firm’s 50-day moving average price is $123.13 and its two-hundred day moving average price is $118.13.

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

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.19%. TJX Companies’s payout ratio is 35.29%.

TJX Companies 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.