TJX Companies Inc (TJX) Shares Obtained by Keybank National Association OH

TJX Companies Inc (TJX) Shares Obtained by Keybank National Association OH

Keybank National Association OH increased its holdings in shares of TJX Companies Inc (NYSE:TJX) by 95.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 259,969 shares of the apparel and home fashions retailer’s stock after buying an additional 127,184 shares during the period. Keybank National Association OH’s holdings in TJX Companies were worth $11,631,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Adirondack Trust Co. grew its holdings in TJX Companies by 100.0% during the fourth quarter. Adirondack Trust Co. now owns 580 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 290 shares during the period. Edge Wealth Management LLC grew its holdings in TJX Companies by 100.0% during the fourth quarter. Edge Wealth Management LLC now owns 650 shares of the apparel and home fashions retailer’s stock valued at $29,000 after purchasing an additional 325 shares during the period. Sterling Investment Advisors Ltd. grew its holdings in TJX Companies by 100.0% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 660 shares of the apparel and home fashions retailer’s stock valued at $29,000 after purchasing an additional 330 shares during the period. Lenox Wealth Advisors LLC grew its holdings in TJX Companies by 100.0% during the fourth quarter. Lenox Wealth Advisors LLC now owns 734 shares of the apparel and home fashions retailer’s stock valued at $33,000 after purchasing an additional 367 shares during the period. Finally, Baystate Wealth Management LLC grew its holdings in TJX Companies by 100.8% during the fourth quarter. Baystate Wealth Management LLC now owns 799 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 401 shares during the period. 46.89% of the stock is owned by institutional investors and hedge funds.

A number of research analysts recently issued reports on TJX shares. Citigroup boosted their price objective on shares of TJX Companies from $55.50 to $62.50 and gave the company a “buy” rating in a report on Tuesday, October 16th. Zacks Investment Research cut shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Tuesday, October 23rd. ValuEngine cut shares of TJX Companies from a “sell” rating to a “strong sell” rating in a report on Wednesday, November 7th. Barclays set a $59.00 price objective on shares of TJX Companies and gave the company a “hold” rating in a report on Thursday, November 8th. Finally, Loop Capital set a $47.00 price objective on shares of TJX Companies and gave the company a “hold” rating in a report on Tuesday, November 20th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and nineteen have assigned a buy rating to the stock. TJX Companies has a consensus rating of “Buy” and a consensus price target of $53.54.

TJX Companies stock opened at $48.94 on Friday. The company has a market capitalization of $60.35 billion, a PE ratio of 24.23, a P/E/G ratio of 1.68 and a beta of 0.67. TJX Companies Inc has a twelve month low of $36.41 and a twelve month high of $56.64. The company has a quick ratio of 0.63, a current ratio of 1.55 and a debt-to-equity ratio of 0.42.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Tuesday, November 20th. The apparel and home fashions retailer reported $0.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.02. The company had revenue of $9.83 billion during the quarter, compared to analysts’ expectations of $9.50 billion. TJX Companies had a net margin of 7.98% and a return on equity of 59.74%. The business’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.00 earnings per share. As a group, equities research analysts predict that TJX Companies Inc will post 2.44 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 7th. Stockholders of record on Thursday, February 14th will be issued a $0.195 dividend. This represents a $0.78 annualized dividend and a dividend yield of 1.59%. The ex-dividend date is Wednesday, February 13th. TJX Companies’s dividend payout ratio (DPR) is presently 38.61%.

TJX Companies Profile

The TJX Companies, Inc 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, accent furniture, lamps, rugs, wall décor, decorative accessories, giftware, lighting, soft home, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry; and other merchandise.

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