The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by JLB & Associates Inc.

JLB & Associates Inc. raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 230,387 shares of the apparel and home fashions retailer's stock after acquiring an additional 7,513 shares during the period. TJX Companies makes up about 3.9% of JLB & Associates Inc.'s portfolio, making the stock its 3rd biggest position. JLB & Associates Inc.'s holdings in TJX Companies were worth $28,061,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Millstone Evans Group LLC purchased a new position in shares of TJX Companies during the 4th quarter valued at approximately $30,000. Promus Capital LLC purchased a new position in TJX Companies in the fourth quarter valued at $32,000. Tacita Capital Inc acquired a new position in shares of TJX Companies in the fourth quarter worth about $38,000. Rialto Wealth Management LLC boosted its stake in shares of TJX Companies by 105.9% during the 1st quarter. Rialto Wealth Management LLC now owns 348 shares of the apparel and home fashions retailer's stock worth $42,000 after acquiring an additional 179 shares in the last quarter. Finally, Sierra Ocean LLC acquired a new stake in shares of TJX Companies during the 4th quarter valued at about $52,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

NYSE TJX traded down $1.27 during trading hours on Tuesday, reaching $123.00. The company's stock had a trading volume of 4,260,458 shares, compared to its average volume of 5,207,659. The stock has a market cap of $137.40 billion, a PE ratio of 28.94, a PEG ratio of 2.75 and a beta of 0.90. The TJX Companies, Inc. has a 52 week low of $107.71 and a 52 week high of $135.85. 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 business has a 50-day simple moving average of $127.99 and a 200 day simple moving average of $124.16.

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 for the quarter, topping the consensus estimate of $0.90 by $0.02. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business had revenue of $13.11 billion during the quarter, compared to the consensus estimate of $13.01 billion. During the same quarter in the prior year, the company posted $0.93 earnings per share. The company's quarterly revenue was up 5.1% compared to the same quarter last year. Equities research analysts predict 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. Stockholders of record on Thursday, August 14th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.38%. TJX Companies's dividend payout ratio (DPR) is presently 40.00%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on TJX shares. JPMorgan Chase & Co. upped their price target on TJX Companies from $130.00 to $145.00 and gave the stock an "overweight" rating in a report on Monday, June 2nd. Telsey Advisory Group reaffirmed an "outperform" rating and set a $145.00 target price on shares of TJX Companies in a research note on Wednesday, May 21st. 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. TD Securities upped their price objective on shares of TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a research report on Tuesday, May 20th. Finally, Cowen reaffirmed a "buy" rating on shares of TJX Companies in a report on Tuesday, May 20th. One equities research analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $141.53.

Insider Activity at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total transaction of $121,685.50. Following the transaction, the director now directly owns 22,712 shares of the company's stock, valued at $2,909,180.08. This represents a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.13% of the stock is currently owned by corporate insiders.

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.