10,850 Shares in The TJX Companies, Inc. (NYSE:TJX) Purchased by TFR Capital LLC.

TFR Capital LLC. acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,850 shares of the apparel and home fashions retailer's stock, valued at approximately $1,311,000.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in TJX Companies by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 99,314,635 shares of the apparel and home fashions retailer's stock worth $11,998,201,000 after buying an additional 578,948 shares in the last quarter. Geode Capital Management LLC boosted its holdings in TJX Companies by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 24,322,579 shares of the apparel and home fashions retailer's stock worth $2,930,965,000 after acquiring an additional 464,995 shares during the last quarter. Capital International Investors grew its stake in shares of TJX Companies by 4.5% in the 4th quarter. Capital International Investors now owns 14,647,792 shares of the apparel and home fashions retailer's stock worth $1,769,600,000 after acquiring an additional 626,739 shares in the last quarter. Northern Trust Corp raised its holdings in shares of TJX Companies by 15.2% in the fourth quarter. Northern Trust Corp now owns 13,985,826 shares of the apparel and home fashions retailer's stock valued at $1,689,628,000 after purchasing an additional 1,845,225 shares during the last quarter. Finally, Norges Bank bought a new position in shares of TJX Companies during the fourth quarter valued at about $1,670,565,000. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Performance

NYSE:TJX traded down $0.28 on Friday, reaching $126.79. 9,364,867 shares of the company's stock were exchanged, compared to its average volume of 5,356,579. The firm has a market cap of $141.64 billion, a price-to-earnings ratio of 29.83, a P/E/G ratio of 2.75 and a beta of 0.94. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The stock has a fifty day simple moving average of $126.74 and a 200-day simple moving average of $123.79. The TJX Companies, Inc. has a 52 week low of $101.80 and a 52 week high of $135.85.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings results on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.90 by $0.02. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company had revenue of $13.11 billion for the quarter, compared to analysts' expectations of $13.01 billion. During the same period in the prior year, the company posted $0.93 EPS. TJX Companies's revenue was up 5.1% compared to the same quarter last year. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Thursday, May 15th. This is a positive change from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's payout ratio is presently 40.00%.

Insider Activity

In other news, CEO Ernie Herrman sold 23,428 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total value of $2,882,346.84. Following the completion of the transaction, the chief executive officer now directly owns 484,189 shares in the company, valued at approximately $59,569,772.67. This trade represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of TJX Companies from $127.00 to $130.00 and gave the stock an "overweight" rating in a research report on Monday, May 19th. Citigroup raised TJX Companies from a "neutral" rating to a "buy" rating in a report on Wednesday, May 21st. TD Securities lifted their price target on TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a report on Tuesday, May 20th. Barclays restated an "overweight" rating and issued a $147.00 price objective (up previously from $137.00) on shares of TJX Companies in a research note on Thursday, May 22nd. Finally, BMO Capital Markets reiterated an "outperform" rating on shares of TJX Companies in a research note on Wednesday, May 21st. One research analyst has rated the stock with a hold rating and eighteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $140.65.

About TJX Companies

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.