Aaron Wealth Advisors LLC Has $1.70 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

Aaron Wealth Advisors LLC lifted its stake in The TJX Companies, Inc. (NYSE:TJX) by 15.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,060 shares of the apparel and home fashions retailer’s stock after acquiring an additional 1,869 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in TJX Companies were worth $1,699,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in TJX. Trivant Custom Portfolio Group LLC acquired a new position in shares of TJX Companies in the fourth quarter valued at $26,000. Capital Performance Advisors LLP bought a new position in shares of TJX Companies in the third quarter worth $29,000. Truvestments Capital LLC acquired a new position in shares of TJX Companies in the 3rd quarter valued at approximately $29,000. Copeland Capital Management LLC acquired a new stake in shares of TJX Companies in the 3rd quarter valued at $30,000. Finally, Legacy Investment Solutions LLC acquired a new position in TJX Companies during the third quarter worth about $30,000. Institutional investors own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TJX. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Guggenheim boosted their price objective on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Robert W. Baird boosted their price objective on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $134.00 target price on shares of TJX Companies in a research report on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $131.33.

TJX Companies Trading Up 0.4 %

Shares of TJX opened at $121.89 on Friday. The firm has a market cap of $137.03 billion, a price-to-earnings ratio of 28.68, a PEG ratio of 2.94 and a beta of 0.91. The firm has a 50 day moving average price of $122.56 and a 200-day moving average price of $117.46. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The firm had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.03 earnings per share. As a group, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.23%. The ex-dividend date is Thursday, February 13th. TJX Companies’s payout ratio is currently 35.29%.

TJX Companies Company Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. 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, and gourmet food departments; jewelry and accessories; and other merchandise.