3,300 Shares in The TJX Companies, Inc. (NYSE:TJX) Bought by Crumly & Associates Inc.

Crumly & Associates Inc. bought a new position in shares of The TJX Companies, Inc. (NYSE:TJXGet Rating) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,300 shares of the apparel and home fashions retailer’s stock, valued at approximately $230,000.

Several other institutional investors have also modified their holdings of the stock. Winch Advisory Services LLC raised its holdings in shares of TJX Companies by 413.3% during the fourth quarter. Winch Advisory Services LLC now owns 385 shares of the apparel and home fashions retailer’s stock worth $29,000 after purchasing an additional 310 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of TJX Companies by 12.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 67,260 shares of the apparel and home fashions retailer’s stock worth $5,106,000 after purchasing an additional 7,253 shares during the last quarter. Heartland Bank & Trust Co purchased a new position in shares of TJX Companies during the fourth quarter worth $353,000. Renaissance Investment Group LLC grew its position in TJX Companies by 0.3% during the fourth quarter. Renaissance Investment Group LLC now owns 160,121 shares of the apparel and home fashions retailer’s stock valued at $12,156,000 after buying an additional 453 shares during the period. Finally, Alphastar Capital Management LLC grew its position in TJX Companies by 86.2% during the fourth quarter. Alphastar Capital Management LLC now owns 6,332 shares of the apparel and home fashions retailer’s stock valued at $451,000 after buying an additional 2,932 shares during the period. 89.02% of the stock is owned by hedge funds and other institutional investors.

TJX stock traded up $2.73 during trading on Tuesday, reaching $65.17. 556,567 shares of the stock were exchanged, compared to its average volume of 7,266,726. The company has a current ratio of 1.27, a quick ratio of 0.70 and a debt-to-equity ratio of 0.56. The business has a 50 day moving average price of $63.35 and a 200-day moving average price of $67.70. The TJX Companies, Inc. has a 1 year low of $57.92 and a 1 year high of $77.35. The firm has a market capitalization of $76.59 billion, a price-to-earnings ratio of 23.13, a P/E/G ratio of 1.90 and a beta of 0.95.

TJX Companies (NYSE:TJXGet Rating) last announced its quarterly earnings data on Wednesday, February 23rd. The apparel and home fashions retailer reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.12). The business had revenue of $13.85 billion during the quarter, compared to analyst estimates of $14.19 billion. TJX Companies had a net margin of 6.76% and a return on equity of 55.47%. The company’s revenue for the quarter was up 26.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 EPS. On average, research analysts anticipate that The TJX Companies, Inc. will post 3.15 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 2nd. Investors of record on Thursday, May 12th will be issued a $0.295 dividend. The ex-dividend date of this dividend is Wednesday, May 11th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.81%. This is a boost from TJX Companies’s previous quarterly dividend of $0.26. TJX Companies’s payout ratio is 38.52%.

Several research firms recently commented on TJX. Cowen dropped their price target on shares of TJX Companies from $88.00 to $72.00 in a research report on Monday, February 28th. BMO Capital Markets dropped their price target on shares of TJX Companies from $80.00 to $75.00 in a research report on Thursday, February 24th. Robert W. Baird dropped their price target on shares of TJX Companies from $88.00 to $78.00 in a research report on Thursday, February 24th. Sanford C. Bernstein initiated coverage on shares of TJX Companies in a research report on Monday, March 14th. They issued a “market perform” rating and a $68.00 target price on the stock. Finally, Truist Financial dropped their target price on shares of TJX Companies from $88.00 to $82.00 in a research report on Thursday, February 24th. Four equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $78.29.

TJX Companies Company Profile (Get Rating)

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer. 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, kids, and gourmet food departments; jewelry and accessories; and other merchandise.

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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