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The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by TFR Capital LLC.

TJX Companies logo with Retail/Wholesale background

TFR Capital LLC. boosted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 39.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,091 shares of the apparel and home fashions retailer's stock after buying an additional 4,241 shares during the period. TFR Capital LLC.'s holdings in TJX Companies were worth $1,838,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Millstone Evans Group LLC purchased a new stake in TJX Companies in the fourth quarter valued at approximately $30,000. Atlantic Edge Private Wealth Management LLC boosted its position in TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer's stock worth $36,000 after purchasing an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC boosted its position in TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer's stock worth $36,000 after purchasing an additional 149 shares in the last quarter. Inlight Wealth Management LLC purchased a new stake in TJX Companies in the 1st quarter worth approximately $37,000. Finally, Rialto Wealth Management LLC boosted its position in TJX Companies by 105.9% in the 1st quarter. Rialto Wealth Management LLC now owns 348 shares of the apparel and home fashions retailer's stock worth $42,000 after purchasing an additional 179 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on TJX shares. Telsey Advisory Group restated an "outperform" rating and issued a $145.00 price objective on shares of TJX Companies in a research report on Wednesday, May 21st. Daiwa America upgraded TJX Companies to a "strong-buy" rating in a research report on Tuesday, July 8th. Daiwa Capital Markets assumed coverage on TJX Companies in a research report on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 price objective on the stock. TD Securities upped their target price on TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a research note on Tuesday, May 20th. Finally, Morgan Stanley set a $140.00 target price on TJX Companies and gave the stock an "overweight" rating in a research note on Thursday, May 22nd. One equities research analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $141.06.

Read Our Latest Research Report on TJX

TJX Companies Trading Down 0.1%

Shares of TJX traded down $0.17 during midday trading on Monday, reaching $123.54. The company had a trading volume of 4,651,191 shares, compared to its average volume of 5,205,805. The TJX Companies, Inc. has a 1-year low of $107.71 and a 1-year high of $135.85. The stock has a market cap of $138.00 billion, a PE ratio of 29.07, a price-to-earnings-growth ratio of 2.89 and a beta of 0.88. The firm has a 50 day simple moving average of $126.82 and a 200-day simple moving average of $124.12. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.34.

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

TJX Companies Announces Dividend

The company 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. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.70 annualized dividend and a dividend yield of 1.38%. TJX Companies's dividend payout ratio is presently 40.00%.

Insider Activity

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the company's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total transaction of $121,685.50. Following the sale, the director owned 22,712 shares in the company, valued at $2,909,180.08. This represents a 4.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.13% of the company's stock.

About TJX Companies

(Free Report)

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.

See Also

Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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