The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Vident Advisory LLC

Vident Advisory LLC raised its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 157.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 266,153 shares of the apparel and home fashions retailer's stock after buying an additional 162,613 shares during the quarter. Vident Advisory LLC's holdings in TJX Companies were worth $32,154,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in TJX Companies by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 99,314,635 shares of the apparel and home fashions retailer's stock valued at $11,998,201,000 after buying an additional 578,948 shares during the period. Geode Capital Management LLC grew its stake in shares of TJX Companies by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 24,322,579 shares of the apparel and home fashions retailer's stock worth $2,930,965,000 after purchasing an additional 464,995 shares during the period. Capital International Investors grew its stake in shares of TJX Companies by 4.5% during the 4th quarter. Capital International Investors now owns 14,647,792 shares of the apparel and home fashions retailer's stock worth $1,769,600,000 after purchasing an additional 626,739 shares during the period. Northern Trust Corp grew its stake in shares of TJX Companies by 15.2% during the 4th quarter. Northern Trust Corp now owns 13,985,826 shares of the apparel and home fashions retailer's stock worth $1,689,628,000 after purchasing an additional 1,845,225 shares during the period. Finally, Norges Bank acquired a new position in shares of TJX Companies during the 4th quarter worth $1,670,565,000. 91.09% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Loop Capital upped their price target on shares of TJX Companies from $140.00 to $150.00 and gave the stock a "buy" rating in a research note on Thursday. Robert W. Baird upped their price target on shares of TJX Companies from $140.00 to $143.00 and gave the stock an "outperform" rating in a research note on Thursday. Citigroup raised shares of TJX Companies from a "neutral" rating to a "buy" rating in a research note on Wednesday. TD Securities upped their price target on shares of TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, Barclays upped their price target on shares of TJX Companies from $137.00 to $147.00 and gave the stock an "overweight" rating in a research note on Thursday. One research analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $139.50.

Insider Transactions at TJX Companies

In related news, Director Alan M. Bennett sold 8,000 shares of the stock in a transaction that occurred 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 Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ernie Herrman sold 23,428 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the sale, the chief executive officer now directly owns 484,189 shares of the company's stock, valued at approximately $59,569,772.67. This trade represents a 4.62% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.13% of the company's stock.

TJX Companies Trading Down 1.2%

NYSE:TJX traded down $1.56 on Thursday, reaching $129.47. The stock had a trading volume of 5,334,802 shares, compared to its average volume of 5,327,330. The company has a market cap of $144.63 billion, a price-to-earnings ratio of 30.46, a P/E/G ratio of 2.75 and a beta of 0.94. 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 firm's fifty day moving average is $125.49 and its two-hundred day moving average is $123.32. The TJX Companies, Inc. has a 12-month low of $99.22 and a 12-month high of $135.85.

TJX Companies (NYSE:TJX - Get Free Report) last announced 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. The business had revenue of $13.11 billion for the quarter, compared to analyst estimates of $13.01 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company's revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.93 EPS. Equities analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.425 per share. This is a positive change from TJX Companies's previous quarterly dividend of $0.38. This represents a $1.70 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, May 15th. TJX Companies's dividend payout ratio is presently 39.91%.

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.