James Hambro & Partners LLP Purchases 16,077 Shares of The TJX Companies, Inc. (NYSE:TJX)

James Hambro & Partners LLP lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 2.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 778,544 shares of the apparel and home fashions retailer’s stock after buying an additional 16,077 shares during the period. TJX Companies accounts for 3.7% of James Hambro & Partners LLP’s portfolio, making the stock its 17th biggest position. James Hambro & Partners LLP’s holdings in TJX Companies were worth $94,052,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Kathmere Capital Management LLC bought a new stake in shares of TJX Companies in the 2nd quarter valued at about $214,000. SkyView Investment Advisors LLC increased its holdings in TJX Companies by 23.4% during the second quarter. SkyView Investment Advisors LLC now owns 11,326 shares of the apparel and home fashions retailer’s stock valued at $1,247,000 after buying an additional 2,144 shares during the period. Ascent Group LLC raised its stake in TJX Companies by 6.5% in the second quarter. Ascent Group LLC now owns 48,992 shares of the apparel and home fashions retailer’s stock worth $5,394,000 after buying an additional 3,003 shares in the last quarter. Algert Global LLC lifted its holdings 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 buying an additional 1,240 shares during the period. Finally, Creative Planning boosted its position in TJX Companies by 3.9% during the 2nd quarter. Creative Planning now owns 306,771 shares of the apparel and home fashions retailer’s stock valued at $33,775,000 after acquiring an additional 11,374 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on TJX shares. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Evercore ISI increased their price target on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. UBS Group lifted their price objective on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. 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 report on Friday, November 22nd. Finally, Robert W. Baird lifted their price target on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Three investment 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, TJX Companies has a consensus rating of “Moderate Buy” and a consensus price target of $131.67.

TJX Companies Stock Up 0.0 %

TJX Companies stock opened at $122.61 on Monday. The business’s 50-day simple moving average is $122.84 and its two-hundred day simple moving average is $117.94. 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 has a market cap of $137.83 billion, a PE ratio of 28.85, a PEG ratio of 3.00 and a beta of 0.91. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00.

TJX Companies (NYSE:TJX) last issued its 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. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. During the same quarter in the prior year, the firm earned $1.03 earnings per share. TJX Companies’s revenue for the quarter was up 6.0% on a year-over-year basis. Equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be given a dividend of $0.375 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.22%. TJX Companies’s dividend payout ratio is presently 35.29%.

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.