Larson Financial Group LLC Has $691,000 Position in The TJX Companies, Inc. (NYSE:TJX)

Larson Financial Group LLC grew its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 183.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,674 shares of the apparel and home fashions retailer's stock after buying an additional 3,670 shares during the quarter. Larson Financial Group LLC's holdings in TJX Companies were worth $691,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Wealthfront Advisers LLC lifted its position in shares of TJX Companies by 5.5% during the first quarter. Wealthfront Advisers LLC now owns 156,865 shares of the apparel and home fashions retailer's stock worth $19,106,000 after purchasing an additional 8,175 shares in the last quarter. First Business Financial Services Inc. lifted its position in shares of TJX Companies by 7.4% during the first quarter. First Business Financial Services Inc. now owns 21,013 shares of the apparel and home fashions retailer's stock worth $2,559,000 after purchasing an additional 1,452 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in shares of TJX Companies by 3.4% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 260,043 shares of the apparel and home fashions retailer's stock worth $31,673,000 after purchasing an additional 8,603 shares in the last quarter. Whittier Trust Co. lifted its position in shares of TJX Companies by 0.5% during the first quarter. Whittier Trust Co. now owns 574,620 shares of the apparel and home fashions retailer's stock worth $69,988,000 after purchasing an additional 2,984 shares in the last quarter. Finally, Sage Private Wealth Group LLC lifted its position in shares of TJX Companies by 6.3% during the first quarter. Sage Private Wealth Group LLC now owns 4,703 shares of the apparel and home fashions retailer's stock worth $573,000 after purchasing an additional 278 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other TJX Companies news, Director Amy B. Lane sold 950 shares of TJX Companies 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 $2,909,180.08. The trade was a 4.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is owned by company insiders.

TJX Companies Stock Performance

Shares of NYSE TJX traded up $0.01 during mid-day trading on Friday, reaching $122.18. 3,464,303 shares of the company were exchanged, compared to its average volume of 5,200,773. The company's 50-day simple moving average is $126.31 and its 200-day simple moving average is $124.09. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $136.49 billion, a P/E ratio of 28.75, a P/E/G ratio of 2.83 and a beta of 0.88. The TJX Companies, Inc. has a twelve month low of $107.71 and a twelve month high of $135.85.

TJX Companies (NYSE:TJX - Get Free Report) last posted 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. The company had revenue of $13.11 billion during the quarter, compared to analysts' expectations of $13.01 billion. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. TJX Companies's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 EPS. As a group, research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's dividend payout ratio (DPR) is 40.00%.

Analysts Set New Price Targets

Several brokerages recently weighed in on TJX. JPMorgan Chase & Co. increased their price objective on shares of TJX Companies from $130.00 to $145.00 and gave the company an "overweight" rating in a report on Monday, June 2nd. Daiwa Capital Markets began coverage on shares of TJX Companies in a report on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 price objective on the stock. Citigroup upgraded shares of TJX Companies from a "neutral" rating to a "buy" rating in a report on Wednesday, May 21st. Barclays restated an "overweight" rating and issued a $147.00 price objective (up from $137.00) on shares of TJX Companies in a report on Thursday, May 22nd. Finally, Robert W. Baird increased their price objective on shares of TJX Companies from $140.00 to $143.00 and gave the company an "outperform" rating in a report on Thursday, May 22nd. One investment analyst has rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $141.06.

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.