The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.

Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. decreased its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 140,149 shares of the apparel and home fashions retailer's stock after selling 4,523 shares during the quarter. TJX Companies accounts for approximately 2.0% of Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s holdings, making the stock its 22nd largest position. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s holdings in TJX Companies were worth $16,931,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in TJX. Bogart Wealth LLC bought a new stake in shares of TJX Companies during the fourth quarter valued at about $25,000. SOA Wealth Advisors LLC. acquired a new position in shares of TJX Companies in the 4th quarter worth approximately $30,000. Millstone Evans Group LLC bought a new stake in shares of TJX Companies during the 4th quarter worth $30,000. Promus Capital LLC purchased a new stake in shares of TJX Companies during the fourth quarter valued at $32,000. Finally, Tacita Capital Inc acquired a new position in shares of TJX Companies in the fourth quarter worth about $38,000. Institutional investors own 91.09% of the company's stock.

TJX Companies Price Performance

Shares of TJX opened at $135.05 on Tuesday. The firm has a market cap of $150.86 billion, a PE ratio of 31.78, a price-to-earnings-growth ratio of 2.75 and a beta of 0.94. The TJX Companies, Inc. has a 52-week low of $97.53 and a 52-week high of $135.62. The business's 50 day moving average price is $124.69 and its two-hundred day moving average price is $123.19. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.07. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company had revenue of $16.35 billion for the quarter, compared to analyst estimates of $16.24 billion. On average, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.70 annualized dividend and a dividend yield of 1.26%. This is a positive change from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's dividend payout ratio (DPR) is presently 39.91%.

Wall Street Analyst Weigh In

TJX has been the topic of a number of research analyst reports. Citigroup raised shares of TJX Companies from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $128.00 to $140.00 in a research report on Thursday, April 3rd. StockNews.com upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. BMO Capital Markets raised their price objective on TJX Companies from $133.00 to $145.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. raised their price target on TJX Companies from $127.00 to $130.00 and gave the company an "overweight" rating in a research report on Monday. Finally, Morgan Stanley cut their price objective on shares of TJX Companies from $136.00 to $133.00 and set an "overweight" rating for the company in a research report on Tuesday, May 6th. One research analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat, TJX Companies presently has an average rating of "Moderate Buy" and an average target price of $136.82.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 23,428 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total value of $2,882,346.84. Following the transaction, the chief executive officer now owns 484,189 shares of the company's stock, valued at $59,569,772.67. This represents a 4.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The disclosure for this sale can be found here. 0.13% of the stock is owned by company insiders.

TJX Companies Company 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.

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