The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Cullen Investment Group LTD.

Cullen Investment Group LTD. increased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 23,571 shares of the apparel and home fashions retailer’s stock after acquiring an additional 582 shares during the quarter. Cullen Investment Group LTD.’s holdings in TJX Companies were worth $2,848,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in TJX. Marcum Wealth LLC grew its position in TJX Companies by 11.3% in the 4th quarter. Marcum Wealth LLC now owns 6,736 shares of the apparel and home fashions retailer’s stock valued at $814,000 after buying an additional 685 shares in the last quarter. Traveka Wealth LLC raised its stake in shares of TJX Companies by 12.0% during the 4th quarter. Traveka Wealth LLC now owns 2,369 shares of the apparel and home fashions retailer’s stock worth $286,000 after purchasing an additional 254 shares in the last quarter. Unique Wealth LLC lifted its stake in shares of TJX Companies by 9.3% in the 4th quarter. Unique Wealth LLC now owns 1,989 shares of the apparel and home fashions retailer’s stock valued at $240,000 after purchasing an additional 170 shares during the last quarter. AdvisorNet Financial Inc lifted its position in TJX Companies by 6.8% during the 4th quarter. AdvisorNet Financial Inc now owns 2,301 shares of the apparel and home fashions retailer’s stock worth $278,000 after acquiring an additional 146 shares during the last quarter. Finally, Marion Wealth Management lifted its stake in shares of TJX Companies by 1.9% in the fourth quarter. Marion Wealth Management now owns 21,273 shares of the apparel and home fashions retailer’s stock valued at $2,570,000 after buying an additional 391 shares during the period. Institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on TJX. Deutsche Bank Aktiengesellschaft boosted their price objective on TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Guggenheim lifted their target price on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Wells Fargo & Company boosted their price objective on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday. UBS Group lifted their price target on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a report on Friday. Finally, Evercore ISI boosted their price target on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat, TJX Companies has a consensus rating of “Moderate Buy” and an average price target of $131.33.

TJX Companies Stock Down 0.1 %

Shares of TJX opened at $119.96 on Tuesday. The company’s 50-day moving average price is $122.21 and its 200 day moving average price is $117.27. The firm has a market cap of $134.85 billion, a P/E ratio of 28.23, a price-to-earnings-growth ratio of 3.07 and a beta of 0.91. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, topping 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 company had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. During the same period last year, the firm earned $1.03 EPS. The firm’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 earnings per share for the current year.

TJX Companies Announces Dividend

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 given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.25%. The ex-dividend date is Thursday, February 13th. 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.