YHB Investment Advisors Inc. Grows Position in The TJX Companies, Inc. (NYSE:TJX)

YHB Investment Advisors Inc. lifted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 80,306 shares of the apparel and home fashions retailer’s stock after purchasing an additional 218 shares during the period. YHB Investment Advisors Inc.’s holdings in TJX Companies were worth $9,702,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. First Trust Direct Indexing L.P. grew its stake in TJX Companies by 12.4% during the third quarter. First Trust Direct Indexing L.P. now owns 47,104 shares of the apparel and home fashions retailer’s stock valued at $5,537,000 after acquiring an additional 5,207 shares in the last quarter. Courier Capital LLC grew its stake in TJX Companies by 55.1% in the fourth quarter. Courier Capital LLC now owns 34,487 shares of the apparel and home fashions retailer’s stock worth $4,166,000 after purchasing an additional 12,247 shares in the last quarter. Board of the Pension Protection Fund bought a new position in shares of TJX Companies during the fourth quarter valued at approximately $713,000. Miracle Mile Advisors LLC increased its holdings in shares of TJX Companies by 43.0% in the 4th quarter. Miracle Mile Advisors LLC now owns 21,102 shares of the apparel and home fashions retailer’s stock valued at $2,549,000 after acquiring an additional 6,344 shares during the period. Finally, Unigestion Holding SA bought a new stake in shares of TJX Companies in the 3rd quarter valued at about $22,684,000. Institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TJX. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. UBS Group boosted their price objective on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Morgan Stanley raised their price target 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. Guggenheim boosted their target price on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, TD Cowen upped 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. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $131.67.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $124.89 on Tuesday. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The stock has a market capitalization of $140.39 billion, a price-to-earnings ratio of 29.38, a PEG ratio of 3.00 and a beta of 0.91. The firm’s fifty day simple moving average is $122.84 and its 200-day simple moving average is $117.94. 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 issued its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $13.95 billion. During the same period last year, the company earned $1.03 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. As a group, equities analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders 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 dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio is currently 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.