Community Financial Services Group LLC lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 1.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,805 shares of the apparel and home fashions retailer’s stock after selling 279 shares during the quarter. Community Financial Services Group LLC’s holdings in TJX Companies were worth $2,569,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in TJX. TCTC Holdings LLC boosted its stake in TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 145 shares during the last quarter. Atlantic Edge Private Wealth Management LLC boosted its stake in TJX Companies by 58.8% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC boosted its stake in TJX Companies by 99.3% during the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 149 shares during the last quarter. Inlight Wealth Management LLC purchased a new position in shares of TJX Companies during the 1st quarter worth $37,000. Finally, Activest Wealth Management raised its holdings in shares of TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after acquiring an additional 314 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.
TJX Companies Stock Down 0.0%
Shares of TJX opened at $144.49 on Thursday. The firm has a market cap of $160.80 billion, a P/E ratio of 32.91, a price-to-earnings-growth ratio of 3.25 and a beta of 0.92. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58. The company’s 50-day moving average price is $135.88 and its 200 day moving average price is $128.93. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.
TJX Companies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be paid a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio is 38.72%.
Analyst Ratings Changes
TJX has been the topic of several analyst reports. Daiwa Capital Markets initiated coverage on TJX Companies in a report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on TJX Companies from $145.00 to $148.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Telsey Advisory Group reiterated an “outperform” rating and set a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Finally, Evercore ISI lifted their price target on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $147.58.
Read Our Latest Report on TJX Companies
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.
Read More
- Five stocks we like better than TJX Companies
- What is the Nasdaq? Complete Overview with History
- Datavault AI: The New AI Contender Backed by Big Funding
- Why is the Ex-Dividend Date Significant to Investors?
- CoreWeave: Why the New King of AI Infrastructure Has Room to Run
- What Investors Need to Know About Upcoming IPOs
- Top 3 Dividend Achievers for October: High Yields, Growth Ahead
Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Companies, Inc. (NYSE:TJX – Free Report).
Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.