Fjarde AP Fonden Fourth Swedish National Pension Fund Has $31.27 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Fjarde AP Fonden Fourth Swedish National Pension Fund lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 258,868 shares of the apparel and home fashions retailer’s stock after selling 12,800 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in TJX Companies were worth $31,274,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Delta Financial Group Inc. acquired a new stake in TJX Companies during the 4th quarter worth $1,085,000. Sigma Investment Counselors Inc. grew its holdings in TJX Companies by 0.9% during the 4th quarter. Sigma Investment Counselors Inc. now owns 82,437 shares of the apparel and home fashions retailer’s stock worth $9,959,000 after acquiring an additional 741 shares during the period. MONECO Advisors LLC grew its holdings in TJX Companies by 28.9% during the 4th quarter. MONECO Advisors LLC now owns 6,205 shares of the apparel and home fashions retailer’s stock worth $750,000 after acquiring an additional 1,390 shares during the period. Forvis Mazars Wealth Advisors LLC boosted its position in shares of TJX Companies by 6.2% during the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 2,048 shares of the apparel and home fashions retailer’s stock worth $247,000 after purchasing an additional 119 shares in the last quarter. Finally, Howard Capital Management Inc. boosted its position in shares of TJX Companies by 5.4% during the fourth quarter. Howard Capital Management Inc. now owns 7,663 shares of the apparel and home fashions retailer’s stock worth $926,000 after purchasing an additional 392 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Down 1.5 %

TJX Companies stock opened at $121.08 on Friday. The firm has a market capitalization of $136.11 billion, a PE ratio of 28.49, a P/E/G ratio of 2.75 and a beta of 0.91. The company’s 50-day moving average is $122.86 and its 200-day moving average is $119.55. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The firm had revenue of $14.06 billion during 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.03 EPS. Sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio is currently 35.29%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on TJX shares. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. 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 research report on Thursday, December 5th. UBS Group boosted their price objective on shares of TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research report on Friday, January 10th. 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. Finally, Wells Fargo & Company boosted their price objective on shares of 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 analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $134.18.

About TJX Companies

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.