Clarus Wealth Advisors Has $350,000 Holdings in TJX Companies Inc (NYSE:TJX)

Clarus Wealth Advisors boosted its holdings in shares of TJX Companies Inc (NYSE:TJX) by 3.7% in the third quarter, HoldingsChannel reports. The fund owned 6,276 shares of the apparel and home fashions retailer’s stock after buying an additional 223 shares during the quarter. Clarus Wealth Advisors’ holdings in TJX Companies were worth $350,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in TJX. United Bank boosted its position in TJX Companies by 7.9% during the 1st quarter. United Bank now owns 12,204 shares of the apparel and home fashions retailer’s stock worth $649,000 after acquiring an additional 897 shares during the period. First Trust Advisors LP boosted its position in TJX Companies by 9.3% during the 1st quarter. First Trust Advisors LP now owns 1,558,955 shares of the apparel and home fashions retailer’s stock worth $82,952,000 after acquiring an additional 132,858 shares during the period. Fiera Capital Corp boosted its position in TJX Companies by 5.3% during the 1st quarter. Fiera Capital Corp now owns 12,587,070 shares of the apparel and home fashions retailer’s stock worth $669,759,000 after acquiring an additional 638,947 shares during the period. State of Tennessee Treasury Department boosted its position in TJX Companies by 4.3% during the 1st quarter. State of Tennessee Treasury Department now owns 1,058,449 shares of the apparel and home fashions retailer’s stock worth $56,320,000 after acquiring an additional 43,953 shares during the period. Finally, Bragg Financial Advisors Inc boosted its position in TJX Companies by 1.6% during the 1st quarter. Bragg Financial Advisors Inc now owns 165,421 shares of the apparel and home fashions retailer’s stock worth $8,802,000 after acquiring an additional 2,620 shares during the period. Hedge funds and other institutional investors own 89.16% of the company’s stock.

Shares of TJX Companies stock traded up $1.26 during trading on Friday, hitting $58.69. 273,858 shares of the stock traded hands, compared to its average volume of 5,024,728. The stock has a market cap of $67.00 billion, a P/E ratio of 27.92, a PEG ratio of 2.00 and a beta of 0.68. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.48 and a current ratio of 1.25. TJX Companies Inc has a twelve month low of $41.49 and a twelve month high of $57.46. The company has a fifty day moving average price of $55.25 and a two-hundred day moving average price of $53.88.

TJX Companies (NYSE:TJX) last posted its earnings results on Tuesday, August 20th. The apparel and home fashions retailer reported $0.62 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.62. TJX Companies had a return on equity of 57.64% and a net margin of 7.66%. The firm had revenue of $9.78 billion during the quarter, compared to analyst estimates of $9.89 billion. During the same period in the previous year, the company earned $1.17 EPS. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, equities research analysts expect that TJX Companies Inc will post 2.61 EPS for the current fiscal year.

The business also recently announced a — dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be issued a $0.23 dividend. The ex-dividend date is Wednesday, November 13th. This represents a yield of 1.7%. TJX Companies’s dividend payout ratio (DPR) is currently 43.60%.

A number of brokerages have commented on TJX. ValuEngine lowered TJX Companies from a “sell” rating to a “strong sell” rating in a report on Monday, September 16th. Argus reiterated a “buy” rating on shares of TJX Companies in a report on Wednesday, July 3rd. Cowen set a $62.00 price target on TJX Companies and gave the company a “buy” rating in a report on Tuesday, August 20th. Nomura lifted their price target on TJX Companies from $57.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, June 25th. Finally, MKM Partners set a $62.00 price target on TJX Companies and gave the company a “buy” rating in a report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $59.39.

TJX Companies 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, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise.

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

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