20,270 Shares in TJX Companies Inc (NYSE:TJX) Acquired by MidWestOne Financial Group Inc.

MidWestOne Financial Group Inc. bought a new position in TJX Companies Inc (NYSE:TJX) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 20,270 shares of the apparel and home fashions retailer’s stock, valued at approximately $1,072,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Integrated Wealth Concepts LLC lifted its holdings in TJX Companies by 6.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 6,014 shares of the apparel and home fashions retailer’s stock worth $319,000 after purchasing an additional 362 shares during the last quarter. Orleans Capital Management Corp LA lifted its holdings in TJX Companies by 9.9% in the 2nd quarter. Orleans Capital Management Corp LA now owns 25,845 shares of the apparel and home fashions retailer’s stock worth $1,367,000 after purchasing an additional 2,330 shares during the last quarter. Voloridge Investment Management LLC lifted its holdings in TJX Companies by 270.2% in the 2nd quarter. Voloridge Investment Management LLC now owns 36,570 shares of the apparel and home fashions retailer’s stock worth $1,934,000 after purchasing an additional 26,691 shares during the last quarter. Voleon Capital Management LP acquired a new stake in TJX Companies in the 2nd quarter worth approximately $22,210,000. Finally, Stonebridge Capital Advisors LLC acquired a new stake in TJX Companies in the 2nd quarter worth approximately $58,000. Hedge funds and other institutional investors own 89.16% of the company’s stock.

Shares of NYSE TJX traded up $0.50 during trading hours on Wednesday, reaching $55.80. The stock had a trading volume of 46,715 shares, compared to its average volume of 5,332,806. The business’s fifty day moving average is $54.16 and its two-hundred day moving average is $53.60. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.25 and a quick ratio of 0.48. The company has a market cap of $66.26 billion, a price-to-earnings ratio of 26.38, a PEG ratio of 1.98 and a beta of 0.68. TJX Companies Inc has a twelve month low of $41.49 and a twelve month high of $57.31.



TJX Companies (NYSE:TJX) last issued its earnings results on Tuesday, August 20th. The apparel and home fashions retailer reported $0.62 EPS for the quarter, meeting analysts’ consensus estimates of $0.62. The business had revenue of $9.78 billion during the quarter, compared to analyst estimates of $9.89 billion. TJX Companies had a return on equity of 57.64% and a net margin of 7.66%. TJX Companies’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.17 earnings per share. Sell-side analysts forecast that TJX Companies Inc will post 2.61 earnings per share for the current fiscal year.

The company also recently announced a — dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a dividend yield of 1.7%. TJX Companies’s payout ratio is 43.60%.

TJX has been the subject of a number of research analyst reports. Nomura upped their price target on TJX Companies from $57.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, June 25th. DA Davidson set a $65.00 price target on TJX Companies and gave the stock a “buy” rating in a report on Wednesday, August 21st. UBS Group upgraded TJX Companies from a “sell” rating to a “neutral” rating and upped their price target for the stock from $41.00 to $58.00 in a report on Tuesday, September 17th. Cowen set a $62.00 price target on TJX Companies and gave the stock a “buy” rating in a report on Tuesday, August 20th. Finally, Loop Capital upgraded TJX Companies from a “hold” rating to a “buy” rating and upped their price target for the stock from $50.00 to $60.00 in a report on Friday, August 16th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $59.28.

TJX Companies Company 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, 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; footwear; and other merchandise.

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

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