Courier Capital LLC acquired a brand new stake in The TJX Firms, Inc. (NYSE:TJX – Free Report) within the third quarter, based on the corporate in its most up-to-date 13F submitting with the SEC. The agency acquired 22,240 shares of the attire and residential fashions retailer’s inventory, valued at roughly $2,614,000.
Different hedge funds and different institutional traders have additionally modified their holdings of the corporate. Worth T Rowe Associates Inc. MD elevated its place in shares of TJX Firms by 35.9% throughout the 1st quarter. Worth T Rowe Associates Inc. MD now owns 12,317,452 shares of the attire and residential fashions retailer’s inventory price $1,249,237,000 after buying a further 3,255,849 shares over the past quarter. PineStone Asset Administration Inc. elevated its holdings in TJX Firms by 134.2% throughout the second quarter. PineStone Asset Administration Inc. now owns 5,467,797 shares of the attire and residential fashions retailer’s inventory price $602,004,000 after shopping for a further 3,132,960 shares over the past quarter. Ameriprise Monetary Inc. raised its place in TJX Firms by 33.4% throughout the second quarter. Ameriprise Monetary Inc. now owns 12,241,176 shares of the attire and residential fashions retailer’s inventory price $1,347,934,000 after buying a further 3,063,318 shares within the final quarter. Capital Wealth Planning LLC acquired a brand new stake in TJX Firms within the second quarter valued at $315,698,000. Lastly, Los Angeles Capital Administration LLC grew its place in shares of TJX Firms by 80.6% within the 2nd quarter. Los Angeles Capital Administration LLC now owns 2,943,176 shares of the attire and residential fashions retailer’s inventory valued at $324,044,000 after buying a further 1,313,517 shares throughout the interval. Institutional traders and hedge funds personal 91.09% of the corporate’s inventory.
Insider Shopping for and Promoting at TJX Firms
In different information, CEO Ernie Herrman offered 15,000 shares of the inventory in a transaction dated Tuesday, September tenth. The shares have been offered at a median worth of $117.54, for a complete worth of $1,763,100.00. Following the completion of the transaction, the chief govt officer now owns 536,148 shares of the corporate’s inventory, valued at roughly $63,018,835.92. This represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which might be accessed via the SEC web site. Firm insiders personal 0.13% of the corporate’s inventory.
TJX Firms Buying and selling Down 0.8 %
Shares of TJX Firms inventory opened at $114.24 on Thursday. The corporate has a fast ratio of 0.60, a present ratio of 1.21 and a debt-to-equity ratio of 0.37. The TJX Firms, Inc. has a 12-month low of $86.92 and a 12-month excessive of $121.13. The corporate has a market capitalization of $128.85 billion, a price-to-earnings ratio of 27.59, a PEG ratio of two.91 and a beta of 0.89. The agency’s 50-day shifting common worth is $116.67 and its two-hundred day shifting common worth is $109.05.
TJX Firms (NYSE:TJX – Get Free Report) final introduced its quarterly earnings information on Wednesday, August twenty first. The attire and residential fashions retailer reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.04. TJX Firms had a web margin of 8.56% and a return on fairness of 63.19%. The enterprise had income of $13.47 billion for the quarter, in comparison with analysts’ expectations of $13.31 billion. Throughout the identical interval final yr, the agency posted $0.85 earnings per share. The agency’s quarterly income was up 5.6% in comparison with the identical quarter final yr. On common, analysts forecast that The TJX Firms, Inc. will put up 4.15 earnings per share for the present fiscal yr.
TJX Firms Dividend Announcement
The agency additionally not too long ago disclosed a quarterly dividend, which will likely be paid on Thursday, December fifth. Buyers of report on Thursday, November 14th will likely be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Firms’s dividend payout ratio (DPR) is presently 36.23%.
Analyst Upgrades and Downgrades
TJX has been the topic of a number of current analyst stories. Barclays raised their goal worth on shares of TJX Firms from $114.00 to $136.00 and gave the corporate an “chubby” ranking in a analysis word on Thursday, August twenty second. Financial institution of America lifted their goal worth on TJX Firms from $115.00 to $135.00 and gave the inventory a “purchase” ranking in a analysis word on Thursday, August twenty second. BMO Capital Markets raised their worth goal on TJX Firms from $116.00 to $133.00 and gave the corporate an “outperform” ranking in a report on Thursday, August twenty second. UBS Group upped their worth goal on shares of TJX Firms from $134.00 to $148.00 and gave the corporate a “purchase” ranking in a report on Thursday, August twenty second. Lastly, TD Cowen raised their goal worth on shares of TJX Firms from $120.00 to $125.00 and gave the inventory a “purchase” ranking in a analysis word on Thursday, August twenty second. Three analysis analysts have rated the inventory with a maintain ranking and fourteen have given a purchase ranking to the corporate. Based mostly on information from MarketBeat.com, the inventory has a median ranking of “Average Purchase” and a median worth goal of $126.76.
View Our Newest Evaluation on TJX Firms
TJX Firms Firm Profile
The TJX Firms, Inc, along with its subsidiaries, operates as an off-price attire and residential fashions retailer in the USA, Canada, Europe, and Australia. It operates via 4 segments: Marmaxx, HomeGoods, TJX Canada, and TJX Worldwide. The corporate sells household attire, together with footwear and equipment; dwelling fashions, corresponding to dwelling fundamentals, furnishings, rugs, lighting merchandise, giftware, gentle dwelling merchandise, ornamental equipment, tabletop, and cookware, in addition to expanded pet, and gourmand meals departments; jewellery and equipment; and different merchandise.
Additional Studying
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