111 Capital Purchases Shares of 8,893 The TJX Companies, Inc. (NYSE:TJX)

111 Capital acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,893 shares of the apparel and home fashions retailer's stock, valued at approximately $1,074,000.

A number of other large investors have also recently bought and sold shares of TJX. Brighton Jones LLC grew its position in TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock valued at $1,817,000 after acquiring an additional 8,002 shares during the period. Geneos Wealth Management Inc. bought a new stake in TJX Companies in the fourth quarter valued at $698,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in TJX Companies by 25.1% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,869 shares of the apparel and home fashions retailer's stock valued at $588,000 after acquiring an additional 976 shares during the period. Drive Wealth Management LLC grew its position in TJX Companies by 3.7% in the fourth quarter. Drive Wealth Management LLC now owns 3,713 shares of the apparel and home fashions retailer's stock valued at $449,000 after acquiring an additional 133 shares during the period. Finally, Cornerstone Wealth Group LLC grew its position in TJX Companies by 3.7% in the fourth quarter. Cornerstone Wealth Group LLC now owns 5,309 shares of the apparel and home fashions retailer's stock valued at $641,000 after acquiring an additional 188 shares during the period. 91.09% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TJX. Morgan Stanley set a $140.00 price target on TJX Companies and gave the company an "overweight" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. lifted their price target on TJX Companies from $127.00 to $130.00 and gave the company an "overweight" rating in a report on Monday, May 19th. Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a report on Monday, May 12th. UBS Group reaffirmed a "buy" rating and issued a $164.00 price target (up from $154.00) on shares of TJX Companies in a report on Thursday, May 22nd. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $145.00 price target 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 company. Based on data from MarketBeat.com, TJX Companies has a consensus rating of "Moderate Buy" and an average target price of $140.65.

TJX Companies Trading Up 0.6%

NYSE:TJX traded up $0.82 during mid-day trading on Thursday, hitting $127.04. The company had a trading volume of 6,410,593 shares, compared to its average volume of 5,340,237. The TJX Companies, Inc. has a fifty-two week low of $101.80 and a fifty-two week high of $135.85. The business's fifty day moving average is $126.74 and its two-hundred day moving average is $123.79. 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 firm has a market cap of $141.92 billion, a P/E ratio of 29.89, a P/E/G ratio of 2.75 and a beta of 0.94.

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

TJX Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.34%. This is a positive change from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's dividend payout ratio (DPR) is currently 40.00%.

Insider Transactions at TJX Companies

In other news, CEO Ernie Herrman sold 23,428 shares of the firm's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the sale, the chief executive officer now owns 484,189 shares of the company's stock, valued at $59,569,772.67. This trade represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.13% of the stock is currently owned by insiders.

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.