The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by CX Institutional

CX Institutional raised its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,517 shares of the apparel and home fashions retailer’s stock after buying an additional 1,046 shares during the quarter. CX Institutional’s holdings in TJX Companies were worth $7,127,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of TJX. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in shares of TJX Companies by 1.7% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,987 shares of the apparel and home fashions retailer’s stock worth $603,000 after purchasing an additional 84 shares during the last quarter. Nwam LLC raised its position in shares of TJX Companies by 2.0% in the 4th quarter. Nwam LLC now owns 4,338 shares of the apparel and home fashions retailer’s stock worth $524,000 after buying an additional 84 shares during the period. One Charles Private Wealth Services LLC raised its position in shares of TJX Companies by 5.0% in the 4th quarter. One Charles Private Wealth Services LLC now owns 1,805 shares of the apparel and home fashions retailer’s stock worth $218,000 after buying an additional 86 shares during the period. Amplius Wealth Advisors LLC raised its position in shares of TJX Companies by 4.2% in the 1st quarter. Amplius Wealth Advisors LLC now owns 2,324 shares of the apparel and home fashions retailer’s stock worth $283,000 after buying an additional 93 shares during the period. Finally, JFS Wealth Advisors LLC raised its position in shares of TJX Companies by 0.9% in the 4th quarter. JFS Wealth Advisors LLC now owns 10,617 shares of the apparel and home fashions retailer’s stock worth $1,283,000 after buying an additional 99 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Down 0.2%

Shares of NYSE TJX opened at $126.07 on Wednesday. The TJX Companies, Inc. has a 1 year low of $106.18 and a 1 year high of $135.85. The firm has a market cap of $140.83 billion, a price-to-earnings ratio of 29.66, a PEG ratio of 2.75 and a beta of 0.90. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The stock’s 50-day simple moving average is $127.67 and its 200-day simple moving average is $124.22.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.02. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The business had revenue of $13.11 billion for the quarter, compared to analyst estimates of $13.01 billion. During the same period in the previous year, the company earned $0.93 earnings per share. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. As a group, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.35%. TJX Companies’s dividend payout ratio (DPR) is 40.00%.

Insider Buying and Selling

In related news, Director Amy B. Lane sold 950 shares of TJX Companies stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the completion of the transaction, the director now directly owns 22,712 shares in the company, valued at approximately $2,909,180.08. This trade represents a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the topic of several research reports. JPMorgan Chase & Co. increased their target price on TJX Companies from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, June 2nd. Wells Fargo & Company reaffirmed an “equal weight” rating on shares of TJX Companies in a research report on Wednesday, May 21st. BMO Capital Markets reissued an “outperform” rating on shares of TJX Companies in a research report on Wednesday, May 21st. Barclays reissued an “overweight” rating and issued a $147.00 price objective (up from $137.00) on shares of TJX Companies in a research report on Thursday, May 22nd. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a research report on Wednesday, May 21st. One equities research analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $141.53.

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.