Robeco Institutional Asset Management B.V. Sells 233,459 Shares of The TJX Companies, Inc. (NYSE:TJX)

Robeco Institutional Asset Management B.V. trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 17.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,121,975 shares of the apparel and home fashions retailer's stock after selling 233,459 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.10% of TJX Companies worth $136,657,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Nwam LLC grew its position in shares of TJX Companies by 2.0% during the fourth quarter. Nwam LLC now owns 4,338 shares of the apparel and home fashions retailer's stock valued at $524,000 after purchasing an additional 84 shares in the last quarter. One Charles Private Wealth Services LLC boosted its stake in TJX Companies by 5.0% during the fourth quarter. One Charles Private Wealth Services LLC now owns 1,805 shares of the apparel and home fashions retailer's stock valued at $218,000 after buying an additional 86 shares during the last quarter. Salem Investment Counselors Inc. grew its holdings in TJX Companies by 2.2% during the 1st quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer's stock valued at $485,000 after buying an additional 86 shares in the last quarter. Amplius Wealth Advisors LLC increased its stake in TJX Companies by 4.2% in the 1st quarter. Amplius Wealth Advisors LLC now owns 2,324 shares of the apparel and home fashions retailer's stock worth $283,000 after acquiring an additional 93 shares during the last quarter. Finally, Horizon Wealth Management LLC increased its stake in TJX Companies by 2.0% in the 1st quarter. Horizon Wealth Management LLC now owns 4,945 shares of the apparel and home fashions retailer's stock worth $602,000 after acquiring an additional 99 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on TJX shares. Cowen reiterated a "buy" rating on shares of TJX Companies in a research report on Tuesday, May 20th. BMO Capital Markets reaffirmed an "outperform" rating on shares of TJX Companies in a research note on Wednesday, May 21st. UBS Group reiterated a "buy" rating and set a $164.00 price objective (up previously from $154.00) on shares of TJX Companies in a research report on Thursday, May 22nd. Wells Fargo & Company restated an "equal weight" rating on shares of TJX Companies in a report on Wednesday, May 21st. Finally, Telsey Advisory Group restated an "outperform" rating and set a $145.00 target price on shares of TJX Companies in a research report on Wednesday, May 21st. One investment analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat.com, TJX Companies currently has an average rating of "Moderate Buy" and an average price target of $141.53.

TJX Companies Trading Down 0.1%

Shares of TJX traded down $0.13 during mid-day trading on Thursday, reaching $122.35. 8,381,974 shares of the company's stock traded hands, compared to its average volume of 5,197,533. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.16 and a quick ratio of 0.51. The stock's 50-day moving average is $127.40 and its two-hundred day moving average is $124.07. The TJX Companies, Inc. has a 12 month low of $107.71 and a 12 month high of $135.85. The stock has a market cap of $136.68 billion, a P/E ratio of 28.79, a P/E/G ratio of 2.95 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 EPS for the quarter, beating the consensus estimate of $0.90 by $0.02. TJX Companies had a return on equity of 58.81% and a net margin of 8.47%. The company had revenue of $13.11 billion for the quarter, compared to the consensus estimate of $13.01 billion. During the same quarter in the prior year, the company posted $0.93 EPS. TJX Companies's quarterly revenue was up 5.1% on a year-over-year basis. Research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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

Insider Buying and Selling at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 950 shares of TJX Companies stock in a transaction 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 completion of the sale, the director now directly owns 22,712 shares of the company's stock, 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 SEC, which is available at this hyperlink. 0.13% of the stock is owned by corporate 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.