The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Arlington Trust Co LLC

Arlington Trust Co LLC lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,501 shares of the apparel and home fashions retailer’s stock after acquiring an additional 280 shares during the quarter. TJX Companies comprises about 0.4% of Arlington Trust Co LLC’s investment portfolio, making the stock its 29th biggest holding. Arlington Trust Co LLC’s holdings in TJX Companies were worth $1,993,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Global Wealth Management Investment Advisory Inc. raised its stake in shares of TJX Companies by 6.8% in the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 15,204 shares of the apparel and home fashions retailer’s stock worth $1,837,000 after buying an additional 974 shares in the last quarter. Soltis Investment Advisors LLC grew its holdings in TJX Companies by 15.5% during the fourth quarter. Soltis Investment Advisors LLC now owns 3,547 shares of the apparel and home fashions retailer’s stock worth $428,000 after acquiring an additional 477 shares during the period. Opal Wealth Advisors LLC raised its position in TJX Companies by 8.2% in the fourth quarter. Opal Wealth Advisors LLC now owns 3,759 shares of the apparel and home fashions retailer’s stock worth $454,000 after acquiring an additional 284 shares in the last quarter. Wingate Wealth Advisors Inc. acquired a new stake in TJX Companies in the 4th quarter valued at about $139,000. Finally, Savant Capital LLC boosted its position in shares of TJX Companies by 7.7% during the 4th quarter. Savant Capital LLC now owns 32,282 shares of the apparel and home fashions retailer’s stock valued at $3,900,000 after purchasing an additional 2,299 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the topic of a number of research reports. TD Cowen increased their target price on shares of TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Jefferies Financial Group increased their price objective on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Telsey Advisory Group reissued an “outperform” rating and set a $134.00 price objective on shares of TJX Companies in a research note on Friday, December 6th. Morgan Stanley boosted their target price on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Finally, Wells Fargo & Company increased their price target on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. Two investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $133.53.

TJX Companies Stock Performance

Shares of TJX opened at $124.64 on Monday. The company has a market capitalization of $140.11 billion, a PE ratio of 29.33, a PEG ratio of 2.82 and a beta of 0.91. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The company’s 50 day moving average price is $123.25 and its 200 day moving average price is $118.70. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results 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 net margin of 8.63% and a return on equity of 61.82%. The business had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $13.95 billion. During the same period in the previous year, the company posted $1.03 EPS. TJX Companies’s revenue was up 6.0% on a year-over-year basis. Research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is presently 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.