Landmark Bank Has $2.45 Million Stake in TJX Companies Inc (TJX)

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Landmark Bank raised its holdings in TJX Companies Inc (NYSE:TJX) by 82.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,795 shares of the apparel and home fashions retailer’s stock after buying an additional 24,733 shares during the quarter. TJX Companies makes up approximately 1.8% of Landmark Bank’s holdings, making the stock its 24th largest holding. Landmark Bank’s holdings in TJX Companies were worth $2,451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Adirondack Trust Co. lifted its position in TJX Companies by 100.0% during the 4th quarter. Adirondack Trust Co. now owns 580 shares of the apparel and home fashions retailer’s stock worth $26,000 after acquiring an additional 290 shares in the last quarter. Edge Wealth Management LLC lifted its position in TJX Companies by 100.0% during the 4th quarter. Edge Wealth Management LLC now owns 650 shares of the apparel and home fashions retailer’s stock worth $29,000 after acquiring an additional 325 shares in the last quarter. Sterling Investment Advisors Ltd. lifted its position in TJX Companies by 100.0% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 660 shares of the apparel and home fashions retailer’s stock worth $29,000 after acquiring an additional 330 shares in the last quarter. Lenox Wealth Advisors LLC lifted its position in TJX Companies by 100.0% during the 4th quarter. Lenox Wealth Advisors LLC now owns 734 shares of the apparel and home fashions retailer’s stock worth $33,000 after acquiring an additional 367 shares in the last quarter. Finally, Mercer Capital Advisers Inc. lifted its position in TJX Companies by 100.0% during the 4th quarter. Mercer Capital Advisers Inc. now owns 1,000 shares of the apparel and home fashions retailer’s stock worth $45,000 after acquiring an additional 500 shares in the last quarter. Institutional investors own 46.89% of the company’s stock.

TJX has been the topic of several recent research reports. Citigroup boosted their price target on TJX Companies from $55.50 to $62.50 and gave the stock a “buy” rating in a research report on Tuesday, October 16th. ValuEngine lowered TJX Companies from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 7th. Barclays set a $59.00 price target on TJX Companies and gave the stock a “hold” rating in a research report on Thursday, November 8th. Argus raised TJX Companies from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a research report on Thursday, November 29th. Finally, Jefferies Financial Group set a $50.00 target price on TJX Companies and gave the company a “hold” rating in a research report on Tuesday, November 20th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nineteen have given a buy rating to the stock. TJX Companies presently has an average rating of “Buy” and a consensus price target of $53.54.

Shares of NYSE TJX traded up $0.42 during trading on Friday, reaching $48.94. The stock had a trading volume of 5,677,824 shares, compared to its average volume of 5,787,434. TJX Companies Inc has a one year low of $36.41 and a one year high of $56.64. The company has a current ratio of 1.55, a quick ratio of 0.63 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $60.35 billion, a price-to-earnings ratio of 24.23, a price-to-earnings-growth ratio of 1.68 and a beta of 0.67.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Tuesday, November 20th. The apparel and home fashions retailer reported $0.63 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.02. The business had revenue of $9.83 billion during the quarter, compared to the consensus estimate of $9.50 billion. TJX Companies had a return on equity of 59.74% and a net margin of 7.98%. The business’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.00 EPS. As a group, equities analysts predict that TJX Companies Inc will post 2.44 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 7th. Investors of record on Thursday, February 14th will be paid a dividend of $0.195 per share. The ex-dividend date is Wednesday, February 13th. This represents a $0.78 dividend on an annualized basis and a yield of 1.59%. TJX Companies’s payout ratio is currently 38.61%.

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TJX Companies Company Profile

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, accent furniture, lamps, rugs, wall décor, decorative accessories, giftware, lighting, soft home, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry; and other merchandise.

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

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