The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Dempze Nancy E

Dempze Nancy E lifted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 5.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,265 shares of the apparel and home fashions retailer's stock after buying an additional 2,020 shares during the quarter. TJX Companies comprises approximately 2.8% of Dempze Nancy E's holdings, making the stock its 11th biggest position. Dempze Nancy E's holdings in TJX Companies were worth $4,661,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of TJX Companies in the 4th quarter worth $1,670,565,000. GAMMA Investing LLC increased its holdings in TJX Companies by 14,486.1% in the 1st quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer's stock worth $354,696,000 after acquiring an additional 2,892,151 shares during the last quarter. Capital Research Global Investors grew its holdings in TJX Companies by 689.6% during the 4th quarter. Capital Research Global Investors now owns 2,595,085 shares of the apparel and home fashions retailer's stock valued at $313,512,000 after buying an additional 2,266,415 shares in the last quarter. Northern Trust Corp boosted its position in shares of TJX Companies by 15.2% during the 4th 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 acquiring an additional 1,845,225 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in TJX Companies by 12.9% in the 4th quarter. Royal Bank of Canada now owns 12,300,919 shares of the apparel and home fashions retailer's stock worth $1,486,074,000 after buying an additional 1,403,561 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 950 shares of TJX Companies stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total transaction of $121,685.50. Following the transaction, 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.13% of the stock is currently owned by company insiders.

TJX Companies Stock Up 0.6%

Shares of NYSE:TJX traded up $0.69 on Wednesday, reaching $126.29. The company had a trading volume of 4,367,431 shares, compared to its average volume of 5,191,172. The TJX Companies, Inc. has a 52-week low of $107.71 and a 52-week high of $135.85. The firm's 50 day simple moving average is $125.86 and its 200-day simple moving average is $124.20. The company has a current ratio of 1.16, a quick ratio of 0.51 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $141.08 billion, a PE ratio of 29.72, a PEG ratio of 2.93 and a beta of 0.88.

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, beating the consensus estimate 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 return on equity of 58.81% and a net margin of 8.47%. The company's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.93 EPS. As a group, analysts expect 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 declared a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a yield of 1.35%. TJX Companies's dividend payout ratio is currently 40.00%.

Analyst Ratings Changes

Several research firms have recently issued reports on TJX. JPMorgan Chase & Co. boosted their target price on TJX Companies from $130.00 to $145.00 and gave the company an "overweight" rating in a research note on Monday, June 2nd. Morgan Stanley set a $140.00 price target on TJX Companies and gave the stock an "overweight" rating in a research report on Thursday, May 22nd. Barclays reiterated an "overweight" rating and set a $147.00 target price (up previously from $137.00) on shares of TJX Companies in a research report on Thursday, May 22nd. BMO Capital Markets reiterated an "outperform" rating on shares of TJX Companies in a research report on Wednesday, May 21st. Finally, Citigroup upgraded TJX Companies from a "neutral" rating to a "buy" rating in a research report on Wednesday, May 21st. One equities research analyst has rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $141.06.

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.