Unigestion Holding SA Purchases 78,880 Shares of The TJX Companies, Inc. (NYSE:TJX)

Unigestion Holding SA raised its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 36.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 295,171 shares of the apparel and home fashions retailer's stock after buying an additional 78,880 shares during the quarter. TJX Companies comprises 2.1% of Unigestion Holding SA's portfolio, making the stock its 13th biggest position. Unigestion Holding SA's holdings in TJX Companies were worth $35,934,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bogart Wealth LLC acquired a new position in TJX Companies during the fourth quarter valued at approximately $25,000. SOA Wealth Advisors LLC. acquired a new stake in TJX Companies in the fourth quarter worth $30,000. Millstone Evans Group LLC bought a new position in shares of TJX Companies during the fourth quarter worth $30,000. Promus Capital LLC acquired a new position in shares of TJX Companies in the 4th quarter valued at $32,000. Finally, Tacita Capital Inc acquired a new position in shares of TJX Companies in the 4th quarter valued at $38,000. 91.09% of the stock is owned by institutional investors.

Insider Buying and Selling

In other TJX Companies news, Director Amy B. Lane sold 950 shares of TJX Companies 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 completion of the transaction, the director now directly owns 22,712 shares of the company's stock, valued at $2,909,180.08. The trade was a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. UBS Group reaffirmed a "buy" rating and set a $164.00 price objective (up previously from $154.00) on shares of TJX Companies in a research note on Thursday, May 22nd. Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. BMO Capital Markets reiterated an "outperform" rating on shares of TJX Companies in a report on Wednesday, May 21st. Cowen reiterated a "buy" rating on shares of TJX Companies in a research report on Tuesday, May 20th. Finally, Robert W. Baird raised their target price on shares of TJX Companies from $140.00 to $143.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. One analyst has rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $141.53.

TJX Companies Stock Down 0.6%

NYSE:TJX traded down $0.74 on Thursday, hitting $127.34. 4,692,445 shares of the company's stock were exchanged, compared to its average volume of 5,245,627. The firm has a 50-day moving average price of $127.41 and a 200-day moving average price of $124.00. The TJX Companies, Inc. has a 52 week low of $105.53 and a 52 week high of $135.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The company has a market cap of $142.25 billion, a P/E ratio of 29.96, a price-to-earnings-growth ratio of 2.75 and a beta of 0.94.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results 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. 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 during the quarter, compared to the consensus estimate of $13.01 billion. During the same period last year, the company earned $0.93 earnings per share. The business's 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 declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 15th will be issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.70 dividend on an annualized basis and a yield of 1.34%. This is a boost from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's dividend payout ratio (DPR) is presently 40.00%.

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.