Lawson Kroeker Investment Management Inc. NE Has $3.61 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

Lawson Kroeker Investment Management Inc. NE lessened its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,917 shares of the apparel and home fashions retailer’s stock after selling 220 shares during the quarter. Lawson Kroeker Investment Management Inc. NE’s holdings in TJX Companies were worth $3,614,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of TJX. Algert Global LLC grew its holdings in shares of TJX Companies by 36.8% during the 2nd quarter. Algert Global LLC now owns 4,608 shares of the apparel and home fashions retailer’s stock worth $507,000 after purchasing an additional 1,240 shares in the last quarter. Advisory Alpha LLC lifted its position in shares of TJX Companies by 19.9% during the 2nd quarter. Advisory Alpha LLC now owns 3,353 shares of the apparel and home fashions retailer’s stock worth $369,000 after buying an additional 556 shares during the period. SPC Financial Inc. bought a new position in shares of TJX Companies during the 2nd quarter worth approximately $296,000. Cetera Investment Advisers lifted its position in shares of TJX Companies by 14.3% during the 2nd quarter. Cetera Investment Advisers now owns 274,022 shares of the apparel and home fashions retailer’s stock worth $30,170,000 after buying an additional 34,256 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of TJX Companies during the 2nd quarter worth approximately $14,718,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on TJX shares. Jefferies Financial Group raised their target price on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Evercore ISI raised their target price on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Morgan Stanley lifted their price objective on TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Finally, Wells Fargo & Company lifted their price objective 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. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat, TJX Companies presently has an average rating of “Moderate Buy” and a consensus price target of $131.67.

TJX Companies Price Performance

TJX stock opened at $124.11 on Thursday. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The company has a market cap of $139.52 billion, a P/E ratio of 29.20, a PEG ratio of 3.00 and a beta of 0.91. The firm has a 50-day moving average of $123.04 and a 200 day moving average of $118.08. 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 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 net margin of 8.63% and a return on equity of 61.82%. The firm had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $13.95 billion. During the same quarter in the prior year, the company posted $1.03 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.21%. TJX Companies’s dividend payout ratio (DPR) is 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.