The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by State of Wyoming

State of Wyoming boosted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 128.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,230 shares of the apparel and home fashions retailer's stock after buying an additional 2,941 shares during the period. State of Wyoming's holdings in TJX Companies were worth $632,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bogart Wealth LLC acquired a new position in shares of TJX Companies in the 4th quarter valued at $25,000. SOA Wealth Advisors LLC. acquired a new position in TJX Companies in the 4th quarter valued at $30,000. Millstone Evans Group LLC purchased a new position in TJX Companies in the 4th quarter valued at $30,000. Promus Capital LLC acquired a new stake in TJX Companies during the 4th quarter worth $32,000. Finally, Tacita Capital Inc purchased a new stake in shares of TJX Companies during the fourth quarter worth $38,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 23,428 shares of TJX Companies stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $123.03, for a total value of $2,882,346.84. Following the completion of the transaction, the chief executive officer now directly owns 484,189 shares in the company, valued at approximately $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 accessible through this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of the business's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total value of $988,240.00. The disclosure for this sale can be found here. Company insiders own 0.13% of the company's stock.

TJX Companies Trading Down 1.2%

TJX Companies stock traded down $1.56 during trading on Thursday, hitting $129.47. The company had a trading volume of 5,334,802 shares, compared to its average volume of 5,365,295. The stock has a market cap of $144.63 billion, a price-to-earnings ratio of 30.46, a price-to-earnings-growth ratio of 2.75 and a beta of 0.94. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The TJX Companies, Inc. has a 1-year low of $99.22 and a 1-year high of $135.85. The company's 50 day simple moving average is $125.49 and its 200-day simple moving average is $123.32.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share (EPS) 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 the consensus estimate of $13.01 billion. During the same quarter in the previous year, the business earned $0.93 EPS. The company's quarterly revenue was up 5.1% compared to the same quarter last year. As a group, analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be paid a $0.425 dividend. This is a positive change from TJX Companies's previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.70 annualized dividend and a dividend yield of 1.31%. TJX Companies's dividend payout ratio (DPR) is presently 39.91%.

Analysts Set New Price Targets

TJX has been the topic of a number of recent research reports. Barclays boosted their price target on shares of TJX Companies from $137.00 to $147.00 and gave the stock an "overweight" rating in a research report on Thursday. TD Securities upped their price target on TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a research report on Tuesday. JPMorgan Chase & Co. lifted their price objective on TJX Companies from $127.00 to $130.00 and gave the stock an "overweight" rating in a research report on Monday. UBS Group upped their target price on TJX Companies from $154.00 to $164.00 and gave the company a "buy" rating in a report on Thursday. Finally, Wells Fargo & Company reaffirmed an "equal weight" rating on shares of TJX Companies in a research note on Wednesday. One investment analyst has rated the stock with a hold rating and eighteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $139.50.

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.