Wealthstream Advisors Inc. Purchases Shares of 1,680 The TJX Companies, Inc. (NYSE:TJX)

Wealthstream Advisors Inc. acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,680 shares of the apparel and home fashions retailer’s stock, valued at approximately $203,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bogart Wealth LLC bought a new stake in TJX Companies in the fourth quarter worth $25,000. Trivant Custom Portfolio Group LLC purchased a new position in shares of TJX Companies in the 4th quarter worth $26,000. Capital Performance Advisors LLP bought a new stake in shares of TJX Companies in the 3rd quarter worth about $29,000. Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies during the 3rd quarter valued at about $30,000. Finally, Truvestments Capital LLC bought a new position in shares of TJX Companies in the 3rd quarter valued at about $29,000. 91.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TJX has been the topic of several analyst reports. 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 research note on Friday, January 10th. Deutsche Bank Aktiengesellschaft boosted their target price on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Evercore ISI raised their price target 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 raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Finally, Morgan Stanley increased their target price on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $134.18.

TJX Companies Stock Performance

Shares of NYSE:TJX opened at $121.08 on Monday. The firm’s 50 day simple moving average is $122.86 and its 200-day simple moving average is $119.64. 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 TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00. The firm has a market cap of $136.11 billion, a PE ratio of 28.49, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91.

TJX Companies Dividend Announcement

The company 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 dividend of $0.375 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a yield of 1.24%. TJX Companies’s payout ratio is currently 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.