World Investment Advisors Purchases 4,132 Shares of The TJX Companies, Inc. (NYSE:TJX)

World Investment Advisors boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 4.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,082 shares of the apparel and home fashions retailer's stock after buying an additional 4,132 shares during the quarter. World Investment Advisors' holdings in TJX Companies were worth $11,216,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Shell Asset Management Co. lifted its stake in shares of TJX Companies by 16.5% during the fourth quarter. Shell Asset Management Co. now owns 29,168 shares of the apparel and home fashions retailer's stock worth $3,524,000 after buying an additional 4,128 shares during the period. Pathstone Holdings LLC increased its holdings in TJX Companies by 10.1% in the fourth quarter. Pathstone Holdings LLC now owns 736,616 shares of the apparel and home fashions retailer's stock valued at $88,992,000 after buying an additional 67,853 shares in the last quarter. Ethic Inc. increased its stake in shares of TJX Companies by 21.1% during the fourth quarter. Ethic Inc. now owns 167,169 shares of the apparel and home fashions retailer's stock worth $20,196,000 after purchasing an additional 29,158 shares in the last quarter. Fiduciary Trust Co grew its stake in TJX Companies by 5.2% during the 4th quarter. Fiduciary Trust Co now owns 2,891,186 shares of the apparel and home fashions retailer's stock valued at $349,284,000 after acquiring an additional 144,113 shares in the last quarter. Finally, Pennington Partners & CO. LLC purchased a new stake in TJX Companies during the 4th quarter valued at about $257,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total value of $121,685.50. Following the completion of the sale, the director owned 22,712 shares of the company's stock, valued at approximately $2,909,180.08. The trade was a 4.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.13% of the company's stock.

TJX Companies Stock Performance

TJX Companies stock traded up $0.67 during mid-day trading on Friday, reaching $125.98. The company had a trading volume of 2,986,646 shares, compared to its average volume of 5,201,556. The TJX Companies, Inc. has a 52 week low of $107.71 and a 52 week high of $135.85. The firm has a market cap of $140.73 billion, a price-to-earnings ratio of 29.64, a PEG ratio of 2.94 and a beta of 0.88. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.34. The company has a 50 day moving average of $127.16 and a 200-day moving average of $124.03.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.02. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. The firm had revenue of $13.11 billion during the quarter, compared to analysts' expectations of $13.01 billion. During the same quarter last year, the company posted $0.93 EPS. The company's quarterly revenue was up 5.1% compared to the same quarter last year. On average, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a yield of 1.35%. TJX Companies's payout ratio is 40.00%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Morgan Stanley set a $140.00 price objective on shares of TJX Companies and gave the stock an "overweight" rating in a report on Thursday, May 22nd. Loop Capital set a $150.00 price target on shares of TJX Companies and gave the stock a "buy" rating in a research note on Thursday, May 22nd. BMO Capital Markets restated an "outperform" rating on shares of TJX Companies in a research note on Wednesday, May 21st. Telsey Advisory Group restated an "outperform" rating and issued a $145.00 price objective on shares of TJX Companies in a research note on Wednesday, May 21st. Finally, Wall Street Zen raised shares of TJX Companies from a "hold" rating to a "buy" rating in a report on Monday, May 12th. One research analyst has rated the stock with a hold rating and eighteen have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $141.53.

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.