Northside Capital Management LLC Takes Position in TJX Companies Inc (NYSE:TJX)

Northside Capital Management LLC bought a new stake in TJX Companies Inc (NYSE:TJX) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 6,949 shares of the apparel and home fashions retailer’s stock, valued at approximately $387,000.

Other institutional investors also recently modified their holdings of the company. Wallington Asset Management LLC boosted its holdings in shares of TJX Companies by 2.7% in the 1st quarter. Wallington Asset Management LLC now owns 262,424 shares of the apparel and home fashions retailer’s stock valued at $13,964,000 after buying an additional 6,890 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in shares of TJX Companies in the 2nd quarter valued at $1,223,000. Ashburton Jersey Ltd boosted its holdings in shares of TJX Companies by 400.9% in the 1st quarter. Ashburton Jersey Ltd now owns 5,860 shares of the apparel and home fashions retailer’s stock valued at $312,000 after buying an additional 4,690 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of TJX Companies by 8.0% in the 2nd quarter. Asset Management One Co. Ltd. now owns 859,536 shares of the apparel and home fashions retailer’s stock valued at $45,452,000 after buying an additional 63,421 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in shares of TJX Companies by 20.5% in the 2nd quarter. Canada Pension Plan Investment Board now owns 311,533 shares of the apparel and home fashions retailer’s stock valued at $16,474,000 after buying an additional 52,969 shares in the last quarter. Institutional investors and hedge funds own 89.16% of the company’s stock.

Several research analysts have recently issued reports on the stock. Loop Capital upgraded shares of TJX Companies from a “hold” rating to a “buy” rating and upped their target price for the company from $50.00 to $60.00 in a report on Friday, August 16th. ValuEngine cut shares of TJX Companies from a “sell” rating to a “strong sell” rating in a report on Monday, September 16th. Bank of America set a $65.00 target price on shares of TJX Companies and gave the company a “buy” rating in a report on Wednesday, August 21st. DA Davidson set a $65.00 target price on shares of TJX Companies and gave the company a “buy” rating in a report on Wednesday, August 21st. Finally, Cowen set a $62.00 target price on shares of TJX Companies and gave the company a “buy” rating in a report on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company’s stock. TJX Companies currently has an average rating of “Buy” and a consensus target price of $59.39.



TJX stock traded up $1.28 on Friday, hitting $58.71. The company’s stock had a trading volume of 214,153 shares, compared to its average volume of 5,024,728. The firm has a 50 day moving average of $55.25 and a two-hundred day moving average of $53.88. TJX Companies Inc has a 1 year low of $41.49 and a 1 year high of $57.46. The stock has a market cap of $67.00 billion, a price-to-earnings ratio of 27.83, a price-to-earnings-growth ratio of 2.00 and a beta of 0.68. The company has a current ratio of 1.25, a quick ratio of 0.48 and a debt-to-equity ratio of 1.88.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Tuesday, August 20th. The apparel and home fashions retailer reported $0.62 EPS for the quarter, meeting the consensus estimate of $0.62. TJX Companies had a net margin of 7.66% and a return on equity of 57.64%. The firm had revenue of $9.78 billion during the quarter, compared to the consensus estimate of $9.89 billion. During the same quarter in the prior year, the firm earned $1.17 EPS. TJX Companies’s revenue for the quarter was up 4.8% on a year-over-year basis. As a group, equities analysts forecast that TJX Companies Inc will post 2.61 EPS for the current fiscal year.

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

About TJX Companies

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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