The TJX Companies, Inc. (NYSE:TJX) Stock Holdings Lowered by Worldquant Millennium Advisors LLC

Worldquant Millennium Advisors LLC lessened its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 936,229 shares of the apparel and home fashions retailer's stock after selling 13,835 shares during the period. TJX Companies accounts for 0.7% of Worldquant Millennium Advisors LLC's portfolio, making the stock its 26th biggest holding. Worldquant Millennium Advisors LLC owned about 0.08% of TJX Companies worth $113,106,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TJX. Bogart Wealth LLC bought a new position in TJX Companies in the 4th quarter valued at about $25,000. SOA Wealth Advisors LLC. bought a new position in shares of TJX Companies during the 4th quarter valued at about $30,000. Millstone Evans Group LLC bought a new position in shares of TJX Companies during the 4th quarter valued at about $30,000. Promus Capital LLC bought a new position in shares of TJX Companies during the 4th quarter valued at about $32,000. Finally, Tacita Capital Inc bought a new position in shares of TJX Companies during the 4th quarter valued at about $38,000. Institutional investors own 91.09% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on TJX shares. JPMorgan Chase & Co. raised their price objective on shares of TJX Companies from $127.00 to $130.00 and gave the company an "overweight" rating in a research report on Monday. Robert W. Baird raised their price objective on shares of TJX Companies from $138.00 to $140.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Telsey Advisory Group restated an "outperform" rating and set a $145.00 price objective on shares of TJX Companies in a research report on Thursday, February 27th. StockNews.com upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Finally, BMO Capital Markets upped their price objective on shares of TJX Companies from $133.00 to $145.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. One investment analyst has rated the stock with a hold rating and seventeen have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $136.82.

TJX Companies Trading Up 1.3%

Shares of TJX Companies stock opened at $135.05 on Tuesday. The company's fifty day simple moving average is $124.69 and its 200-day simple moving average is $123.19. The company has a market cap of $150.86 billion, a price-to-earnings ratio of 31.78, a PEG 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 $97.53 and a 1 year high of $135.56.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.07. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business had revenue of $16.35 billion for the quarter, compared to the consensus estimate of $16.24 billion. As a group, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.425 per share. The ex-dividend date is Thursday, May 15th. This represents a $1.70 dividend on an annualized basis and a yield of 1.26%. This is an increase from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's payout ratio is currently 39.91%.

Insiders Place Their Bets

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

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.

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