Chilton Capital Management LLC Has $41.83 Million Stake in The TJX Companies, Inc. (NYSE:TJX)

Chilton Capital Management LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 343,411 shares of the apparel and home fashions retailer's stock after purchasing an additional 12,763 shares during the quarter. TJX Companies makes up 1.8% of Chilton Capital Management LLC's investment portfolio, making the stock its 12th biggest holding. Chilton Capital Management LLC's holdings in TJX Companies were worth $41,827,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its position in TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock worth $1,817,000 after purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after acquiring an additional 235 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of TJX Companies in the 4th quarter worth approximately $89,000. Proficio Capital Partners LLC grew its holdings in shares of TJX Companies by 62.3% in the 4th quarter. Proficio Capital Partners LLC now owns 4,473 shares of the apparel and home fashions retailer's stock worth $540,000 after acquiring an additional 1,717 shares during the period. Finally, E Fund Management Co. Ltd. grew its holdings in shares of TJX Companies by 21.7% in the 4th quarter. E Fund Management Co. Ltd. now owns 7,772 shares of the apparel and home fashions retailer's stock worth $939,000 after acquiring an additional 1,388 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Wells Fargo & Company reiterated an "equal weight" rating on shares of TJX Companies in a report on Wednesday, May 21st. Loop Capital set a $150.00 target price on TJX Companies and gave the company a "buy" rating in a report on Thursday, May 22nd. Robert W. Baird raised their price objective on TJX Companies from $140.00 to $143.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Wall Street Zen upgraded TJX Companies from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Finally, BMO Capital Markets restated an "outperform" rating on shares of TJX Companies in a report 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's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $141.53.

TJX Companies Stock Down 0.5%

Shares of NYSE TJX traded down $0.68 during mid-day trading on Monday, reaching $125.18. The company had a trading volume of 3,894,137 shares, compared to its average volume of 5,196,731. The TJX Companies, Inc. has a twelve month low of $107.71 and a twelve month high of $135.85. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.51 and a current ratio of 1.16. The stock has a market capitalization of $139.84 billion, a PE ratio of 29.45, a price-to-earnings-growth ratio of 2.94 and a beta of 0.88. The stock's 50 day moving average is $127.16 and its 200-day moving average is $124.07.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share for the quarter, topping analysts' consensus estimates of $0.90 by $0.02. The business had revenue of $13.11 billion for the quarter, compared to the consensus estimate of $13.01 billion. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. TJX Companies's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.93 earnings per share. 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's dividend payout ratio is presently 40.00%.

Insider Transactions at TJX Companies

In related news, Director Amy B. Lane sold 950 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total value of $121,685.50. Following the completion of the sale, the director owned 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is owned by company insiders.

TJX Companies 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.