Cable Hill Partners LLC Acquires 197 Shares of The TJX Companies, Inc. (NYSE:TJX)

Cable Hill Partners LLC raised its holdings in The TJX Companies, Inc. (NYSE:TJX) by 6.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,196 shares of the apparel and home fashions retailer’s stock after buying an additional 197 shares during the quarter. Cable Hill Partners LLC’s holdings in TJX Companies were worth $386,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Howard Capital Management Group LLC boosted its position in shares of TJX Companies by 42.9% during the third quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock valued at $27,208,000 after purchasing an additional 69,489 shares in the last quarter. Fortitude Family Office LLC boosted its position in shares of TJX Companies by 48.9% during the third quarter. Fortitude Family Office LLC now owns 697 shares of the apparel and home fashions retailer’s stock valued at $82,000 after purchasing an additional 229 shares in the last quarter. Integrated Advisors Network LLC boosted its position in shares of TJX Companies by 11.1% during the third quarter. Integrated Advisors Network LLC now owns 5,384 shares of the apparel and home fashions retailer’s stock valued at $633,000 after purchasing an additional 538 shares in the last quarter. MONECO Advisors LLC boosted its position in shares of TJX Companies by 3.4% during the third quarter. MONECO Advisors LLC now owns 4,815 shares of the apparel and home fashions retailer’s stock valued at $566,000 after purchasing an additional 159 shares in the last quarter. Finally, Fidelis Capital Partners LLC boosted its position in shares of TJX Companies by 2.2% during the third quarter. Fidelis Capital Partners LLC now owns 21,705 shares of the apparel and home fashions retailer’s stock valued at $2,479,000 after purchasing an additional 465 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Up 1.7 %

TJX Companies stock opened at $124.80 on Thursday. The stock has a market cap of $140.29 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91. 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 stock has a fifty day moving average of $122.87 and a 200 day moving average of $119.84.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. The company had revenue of $16.35 billion during the quarter, compared to analysts’ expectations of $16.24 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s payout ratio is 35.29%.

Analyst Upgrades and Downgrades

TJX has been the topic of several research reports. Evercore ISI lifted their price target on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. TD Cowen boosted their target price on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Guggenheim boosted their target price on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Robert W. Baird boosted their target price on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Finally, Jefferies Financial Group boosted their price target on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Two equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $134.18.

TJX Companies 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.