The TJX Companies, Inc. (NYSE:TJX) Stock Holdings Reduced by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 22.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,137 shares of the apparel and home fashions retailer's stock after selling 3,235 shares during the period. Insigneo Advisory Services LLC's holdings in TJX Companies were worth $1,345,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Main Street Financial Solutions LLC increased its position in TJX Companies by 10.8% during the 4th quarter. Main Street Financial Solutions LLC now owns 18,306 shares of the apparel and home fashions retailer's stock worth $2,212,000 after purchasing an additional 1,778 shares in the last quarter. Delaney Dennis R increased its holdings in TJX Companies by 1.8% in the 4th quarter. Delaney Dennis R now owns 47,859 shares of the apparel and home fashions retailer's stock valued at $5,782,000 after purchasing an additional 850 shares in the last quarter. AGP Franklin LLC purchased a new position in TJX Companies in the fourth quarter valued at about $2,744,000. Ontario Teachers Pension Plan Board grew its stake in shares of TJX Companies by 45.8% in the fourth quarter. Ontario Teachers Pension Plan Board now owns 6,900 shares of the apparel and home fashions retailer's stock valued at $834,000 after buying an additional 2,169 shares in the last quarter. Finally, Rossby Financial LCC acquired a new position in TJX Companies during the 4th quarter worth approximately $765,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Insider Transactions at TJX Companies

In related news, Director Alan M. Bennett sold 8,000 shares of the company's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 23,428 shares of the company's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total value of $2,882,346.84. Following the completion of the transaction, 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 Price Performance

Shares of TJX stock traded down $2.85 during mid-day trading on Monday, hitting $124.77. 738,255 shares of the stock traded hands, compared to its average volume of 5,365,127. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The firm has a market cap of $139.38 billion, a price-to-earnings ratio of 29.36, a price-to-earnings-growth ratio of 2.75 and a beta of 0.86. The company's 50-day simple moving average is $121.84 and its 200-day simple moving average is $121.08. The TJX Companies, Inc. has a twelve month low of $93.32 and a twelve month high of $131.30.

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

TJX Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be issued a $0.425 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.70 annualized dividend and a dividend yield of 1.36%. This is a boost from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's dividend payout ratio is currently 39.91%.

Analysts Set New Price Targets

A number of research firms have recently commented on TJX. Wells Fargo & Company boosted their target price on shares of TJX Companies from $115.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Friday, January 10th. Robert W. Baird raised their price objective on TJX Companies from $138.00 to $140.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. Barclays upped their target price on TJX Companies from $136.00 to $137.00 and gave the company an "overweight" rating in a research report on Thursday, February 27th. BMO Capital Markets lifted their price target on shares of TJX Companies from $133.00 to $145.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. Finally, Citigroup raised shares of TJX Companies from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $128.00 to $140.00 in a research report on Thursday, April 3rd. Two equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $135.76.

TJX Companies Company 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.