TJX Companies Inc (TJX) Shares Bought by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. increased its stake in shares of TJX Companies Inc (NYSE:TJX) by 55.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,132 shares of the apparel and home fashions retailer’s stock after buying an additional 1,832 shares during the period. First Citizens Bank & Trust Co.’s holdings in TJX Companies were worth $392,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TJX. Zions Bancorporation increased its holdings in TJX Companies by 185.9% during the third quarter. Zions Bancorporation now owns 1,358 shares of the apparel and home fashions retailer’s stock worth $100,000 after buying an additional 883 shares during the last quarter. Lenox Wealth Management Inc. purchased a new stake in TJX Companies during the second quarter worth about $141,000. Mosaic Family Wealth LLC increased its holdings in TJX Companies by 7.2% during the second quarter. Mosaic Family Wealth LLC now owns 1,996 shares of the apparel and home fashions retailer’s stock worth $144,000 after buying an additional 134 shares during the last quarter. Jacobi Capital Management LLC increased its holdings in TJX Companies by 20.2% during the second quarter. Jacobi Capital Management LLC now owns 2,101 shares of the apparel and home fashions retailer’s stock worth $144,000 after buying an additional 353 shares during the last quarter. Finally, Highlander Capital Management LLC increased its holdings in TJX Companies by 31.3% during the second quarter. Highlander Capital Management LLC now owns 2,100 shares of the apparel and home fashions retailer’s stock worth $150,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 90.26% of the company’s stock.

TJX Companies Inc (NYSE:TJX) opened at $78.28 on Friday. The firm has a market cap of $49,810.00, a PE ratio of 21.16, a PEG ratio of 1.85 and a beta of 0.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 0.67. TJX Companies Inc has a 12 month low of $66.44 and a 12 month high of $80.92.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 EPS for the quarter, meeting analysts’ consensus estimates of $1.00. TJX Companies had a net margin of 7.01% and a return on equity of 52.79%. The company had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.86 billion. During the same period last year, the business earned $0.91 earnings per share. TJX Companies’s revenue was up 5.7% compared to the same quarter last year. equities research analysts expect that TJX Companies Inc will post 3.94 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be given a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.60%. TJX Companies’s dividend payout ratio (DPR) is currently 33.78%.

A number of analysts recently issued reports on TJX shares. Zacks Investment Research upgraded shares of TJX Companies from a “hold” rating to a “buy” rating and set a $82.00 price objective for the company in a report on Tuesday, October 10th. Nomura decreased their price objective on shares of TJX Companies from $80.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, November 15th. Morgan Stanley decreased their price objective on shares of TJX Companies from $86.00 to $85.00 and set an “overweight” rating for the company in a report on Wednesday, November 15th. Royal Bank of Canada set a $70.00 target price on shares of TJX Companies and gave the stock an “outperform” rating in a research note on Tuesday, November 14th. Finally, Jefferies Group reiterated a “hold” rating and issued a $75.00 target price on shares of TJX Companies in a research note on Thursday, September 28th. One 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. TJX Companies has an average rating of “Buy” and a consensus target price of $81.95.

WARNING: This piece of content was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/01/13/tjx-companies-inc-tjx-shares-bought-by-first-citizens-bank-trust-co.html.

TJX Companies 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.

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

Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply