J. W. Coons Advisors LLC Buys 215 Shares of The TJX Companies, Inc. (NYSE:TJX)

J. W. Coons Advisors LLC grew its stake in The TJX Companies, Inc. (NYSE:TJX) by 0.7% during the fourth quarter, Holdings Channel reports. The firm owned 32,398 shares of the apparel and home fashions retailer’s stock after purchasing an additional 215 shares during the period. TJX Companies makes up approximately 1.0% of J. W. Coons Advisors LLC’s portfolio, making the stock its 26th largest position. J. W. Coons Advisors LLC’s holdings in TJX Companies were worth $3,914,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bogart Wealth LLC purchased a new stake in shares of TJX Companies during the fourth quarter valued at approximately $25,000. Trivant Custom Portfolio Group LLC purchased a new stake in TJX Companies in the fourth quarter worth $26,000. Capital Performance Advisors LLP purchased a new stake in TJX Companies in the third quarter worth $29,000. Legacy Investment Solutions LLC purchased a new position in shares of TJX Companies in the third quarter valued at $30,000. Finally, Truvestments Capital LLC purchased a new position in shares of TJX Companies in the third quarter valued at $29,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Down 1.5 %

NYSE TJX opened at $121.08 on Monday. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $128.00. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The stock has a 50-day moving average of $122.86 and a 200-day moving average of $119.64. The firm has a market cap of $136.11 billion, a PE ratio of 28.49, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is presently 35.29%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TJX. UBS Group lifted their price objective on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Evercore ISI lifted their price objective on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft lifted their price objective on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Finally, Morgan Stanley lifted their price objective on TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat, TJX Companies currently has an average rating of “Moderate Buy” and a consensus price target of $134.18.

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.