The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Dupont Capital Management Corp

Dupont Capital Management Corp raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 21.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 122,048 shares of the apparel and home fashions retailer’s stock after purchasing an additional 21,609 shares during the period. TJX Companies accounts for approximately 1.4% of Dupont Capital Management Corp’s investment portfolio, making the stock its 17th biggest holding. Dupont Capital Management Corp’s holdings in TJX Companies were worth $14,745,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in TJX. Daymark Wealth Partners LLC grew its position in TJX Companies by 0.7% during the 4th quarter. Daymark Wealth Partners LLC now owns 18,356 shares of the apparel and home fashions retailer’s stock worth $2,218,000 after purchasing an additional 130 shares during the period. Albion Financial Group UT grew its position in TJX Companies by 38.4% during the 4th quarter. Albion Financial Group UT now owns 7,396 shares of the apparel and home fashions retailer’s stock worth $893,000 after purchasing an additional 2,053 shares during the period. Advisory Alpha LLC grew its position in TJX Companies by 12.6% during the 4th quarter. Advisory Alpha LLC now owns 4,446 shares of the apparel and home fashions retailer’s stock worth $537,000 after purchasing an additional 498 shares during the period. Dakota Wealth Management grew its position in TJX Companies by 7.0% during the 4th quarter. Dakota Wealth Management now owns 117,082 shares of the apparel and home fashions retailer’s stock worth $14,145,000 after purchasing an additional 7,695 shares during the period. Finally, Barlow Wealth Partners Inc. grew its position in TJX Companies by 4.1% during the 4th quarter. Barlow Wealth Partners Inc. now owns 199,858 shares of the apparel and home fashions retailer’s stock worth $23,805,000 after purchasing an additional 7,912 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Down 0.6 %

Shares of NYSE TJX opened at $122.56 on Thursday. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The business’s 50 day moving average is $122.70 and its two-hundred day moving average is $117.72. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The firm has a market cap of $137.77 billion, a price-to-earnings ratio of 28.84, a PEG ratio of 3.02 and a beta of 0.91.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $13.95 billion. During the same quarter in the previous year, the firm posted $1.03 earnings per share. The company’s revenue was up 6.0% compared to the same quarter last year. Research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a yield of 1.22%. TJX Companies’s dividend payout ratio is presently 35.29%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on TJX shares. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Deutsche Bank Aktiengesellschaft increased their target price 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. Robert W. Baird increased their target price on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Jefferies Financial Group raised their price target on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Guggenheim raised their price target on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $131.67.

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.