New Republic Capital LLC Buys 156 Shares of The TJX Companies, Inc. (NYSE:TJX)

New Republic Capital LLC increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,654 shares of the apparel and home fashions retailer’s stock after acquiring an additional 156 shares during the period. New Republic Capital LLC’s holdings in TJX Companies were worth $441,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of TJX. Trivant Custom Portfolio Group LLC bought a new stake in shares of TJX Companies during the 4th quarter worth approximately $26,000. Capital Performance Advisors LLP acquired a new stake in shares of TJX Companies during the 3rd quarter worth about $29,000. Truvestments Capital LLC bought a new stake in shares of TJX Companies during the 3rd quarter worth about $29,000. Copeland Capital Management LLC acquired a new position in TJX Companies in the 3rd quarter valued at about $30,000. Finally, Legacy Investment Solutions LLC bought a new position in TJX Companies in the 3rd quarter valued at about $30,000. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on TJX shares. Wells Fargo & Company boosted their price objective on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Morgan Stanley increased their price objective on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Guggenheim boosted their target price 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. Finally, TD Cowen lifted their price objective on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Two 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.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $133.53.

TJX Companies Stock Performance

NYSE TJX opened at $124.92 on Tuesday. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The stock has a market cap of $140.43 billion, a PE ratio of 29.39, 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 firm’s fifty day moving average price is $123.25 and its two-hundred day moving average price is $118.76.

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

TJX Companies Dividend Announcement

The business 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 $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.20%. TJX Companies’s dividend payout ratio (DPR) is presently 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.