Whittier Trust Co. of Nevada Inc. Has $31.67 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Whittier Trust Co. of Nevada Inc. lifted its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 260,043 shares of the apparel and home fashions retailer's stock after purchasing an additional 8,603 shares during the quarter. TJX Companies accounts for approximately 0.8% of Whittier Trust Co. of Nevada Inc.'s investment portfolio, making the stock its 22nd biggest holding. Whittier Trust Co. of Nevada Inc.'s holdings in TJX Companies were worth $31,673,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in TJX. Brighton Jones LLC boosted its holdings in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock worth $1,817,000 after purchasing an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after purchasing an additional 235 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in TJX Companies by 62.3% during the fourth quarter. Proficio Capital Partners LLC now owns 4,473 shares of the apparel and home fashions retailer's stock worth $540,000 after purchasing an additional 1,717 shares during the last quarter. Twin Tree Management LP boosted its holdings in TJX Companies by 226.6% during the fourth quarter. Twin Tree Management LP now owns 189,501 shares of the apparel and home fashions retailer's stock worth $22,894,000 after purchasing an additional 339,203 shares during the last quarter. Finally, Cibc World Markets Corp boosted its holdings in TJX Companies by 16.0% during the fourth quarter. Cibc World Markets Corp now owns 177,951 shares of the apparel and home fashions retailer's stock worth $21,498,000 after purchasing an additional 24,561 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

Insider Transactions at TJX Companies

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

TJX Companies Stock Performance

NYSE:TJX traded up $0.09 during mid-day trading on Friday, reaching $122.26. 1,958,185 shares of the company's stock were exchanged, compared to its average volume of 5,195,298. The TJX Companies, Inc. has a one year low of $107.71 and a one year high of $135.85. The firm has a market capitalization of $136.58 billion, a PE ratio of 28.77, a price-to-earnings-growth ratio of 2.83 and a beta of 0.88. The business's fifty day simple moving average is $126.31 and its two-hundred day simple moving average is $124.09. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.51 and a current ratio of 1.16.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings results on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.02. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. The business had revenue of $13.11 billion for the quarter, compared to analyst estimates of $13.01 billion. During the same period last year, the firm earned $0.93 earnings per share. TJX Companies's revenue for the quarter was up 5.1% compared to the same quarter last year. Analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be paid 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 yield of 1.39%. TJX Companies's payout ratio is 40.00%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. TD Securities increased their target price on shares of TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a report on Tuesday, May 20th. UBS Group reiterated a "buy" rating and issued a $164.00 price target (up previously from $154.00) on shares of TJX Companies in a research note on Thursday, May 22nd. Daiwa Capital Markets initiated coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 price target for the company. Robert W. Baird increased their price target on shares of TJX Companies from $140.00 to $143.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. Finally, Wells Fargo & Company reiterated an "equal weight" rating on shares of TJX Companies in a research note on Wednesday, May 21st. One research analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $141.06.

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.