MU Investments Co. Ltd. Has $5.77 Million Stake in TJX Companies Inc (TJX)

MU Investments Co. Ltd. grew its holdings in TJX Companies Inc (NYSE:TJX) by 28.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 75,520 shares of the apparel and home fashions retailer’s stock after buying an additional 16,550 shares during the quarter. TJX Companies accounts for approximately 4.0% of MU Investments Co. Ltd.’s holdings, making the stock its 7th biggest holding. MU Investments Co. Ltd.’s holdings in TJX Companies were worth $5,768,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Fort Pitt Capital Group LLC raised its stake in shares of TJX Companies by 0.5% in the 2nd quarter. Fort Pitt Capital Group LLC now owns 3,124 shares of the apparel and home fashions retailer’s stock valued at $225,000 after buying an additional 17 shares in the last quarter. Summit Asset Management LLC grew its holdings in shares of TJX Companies by 0.7% in the 2nd quarter. Summit Asset Management LLC now owns 4,500 shares of the apparel and home fashions retailer’s stock worth $325,000 after purchasing an additional 30 shares during the last quarter. FTB Advisors Inc. grew its holdings in shares of TJX Companies by 1.6% in the 2nd quarter. FTB Advisors Inc. now owns 2,235 shares of the apparel and home fashions retailer’s stock worth $159,000 after purchasing an additional 36 shares during the last quarter. C M Bidwell & Associates Ltd. grew its holdings in shares of TJX Companies by 1.2% in the 2nd quarter. C M Bidwell & Associates Ltd. now owns 4,095 shares of the apparel and home fashions retailer’s stock worth $296,000 after purchasing an additional 50 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. grew its holdings in shares of TJX Companies by 0.4% in the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 15,202 shares of the apparel and home fashions retailer’s stock worth $1,097,000 after purchasing an additional 63 shares during the last quarter. Institutional investors own 90.40% of the company’s stock.

Shares of TJX Companies Inc (NYSE TJX) opened at $76.59 on Wednesday. TJX Companies Inc has a fifty-two week low of $66.44 and a fifty-two week high of $80.92. The company has a current ratio of 1.53, a quick ratio of 0.67 and a debt-to-equity ratio of 0.48. The company has a market cap of $49,496.64, a PE ratio of 20.70, a price-to-earnings-growth ratio of 1.88 and a beta of 0.75.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 EPS for the quarter, hitting analysts’ consensus estimates of $1.00. TJX Companies had a net margin of 7.01% and a return on equity of 52.79%. The firm had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.86 billion. During the same quarter in the prior year, the firm earned $0.91 EPS. The company’s revenue was up 5.7% on a year-over-year basis. equities analysts forecast that TJX Companies Inc will post 3.93 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be issued a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Wednesday, February 14th. TJX Companies’s dividend payout ratio is currently 33.78%.

TJX has been the topic of several analyst reports. Wells Fargo & Co set a $76.00 target price on shares of TJX Companies and gave the stock a “buy” rating in a report on Tuesday, November 14th. Nomura lowered their target price on shares of TJX Companies from $80.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, November 15th. Buckingham Research lowered their target price on shares of TJX Companies from $85.00 to $82.00 and set a “buy” rating on the stock in a report on Wednesday, November 15th. Goldman Sachs Group set a $79.00 target price on shares of TJX Companies and gave the stock a “buy” rating in a report on Wednesday, November 15th. Finally, BMO Capital Markets set a $85.00 target price on shares of TJX Companies and gave the stock a “buy” rating in a report on Wednesday, November 15th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $81.95.

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TJX Companies Company Profile

The TJX Companies, Inc (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States were collectively the off-price retailer in the United States with a total of 2,221 stores, as of January 28, 2017.

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

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