The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Braun Stacey Associates Inc.

Braun Stacey Associates Inc. increased its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 4.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,269 shares of the apparel and home fashions retailer's stock after acquiring an additional 8,803 shares during the quarter. Braun Stacey Associates Inc.'s holdings in TJX Companies were worth $26,478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the business. Quest Partners LLC grew its stake in shares of TJX Companies by 622.3% in the third quarter. Quest Partners LLC now owns 27,202 shares of the apparel and home fashions retailer's stock worth $3,197,000 after acquiring an additional 23,436 shares during the last quarter. Thrivent Financial for Lutherans grew its position in TJX Companies by 2.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 114,416 shares of the apparel and home fashions retailer's stock valued at $13,448,000 after purchasing an additional 3,258 shares during the last quarter. Obsidian Personal Planning Solutions LLC bought a new stake in TJX Companies during the 3rd quarter valued at about $202,000. Concord Asset Management LLC VA raised its holdings in TJX Companies by 18.7% in the third quarter. Concord Asset Management LLC VA now owns 8,024 shares of the apparel and home fashions retailer's stock worth $943,000 after buying an additional 1,262 shares during the last quarter. Finally, Adero Partners LLC grew its holdings in shares of TJX Companies by 5.4% during the third quarter. Adero Partners LLC now owns 3,206 shares of the apparel and home fashions retailer's stock valued at $377,000 after buying an additional 164 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Trading Down 0.2 %

Shares of TJX traded down $0.26 during trading hours on Monday, reaching $119.71. 2,480,372 shares of the company traded hands, compared to its average volume of 5,217,006. The stock's fifty day moving average price is $116.33 and its 200 day moving average price is $111.69. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 0.37. The firm has a market cap of $135.02 billion, a price-to-earnings ratio of 28.98, a PEG ratio of 3.04 and a beta of 0.89. The TJX Companies, Inc. has a 12-month low of $87.44 and a 12-month high of $122.10.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 EPS for the quarter, topping the consensus estimate of $0.92 by $0.04. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The company had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.31 billion. During the same period last year, the business posted $0.85 EPS. TJX Companies's quarterly revenue was up 5.6% on a year-over-year basis. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.14 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies's payout ratio is presently 36.23%.

Insider Activity

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the company's stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the transaction, the chief executive officer now owns 536,148 shares in the company, valued at approximately $63,018,835.92. This represents a 2.72 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.13% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on TJX shares. BMO Capital Markets boosted their price objective on shares of TJX Companies from $116.00 to $133.00 and gave the stock an "outperform" rating in a report on Thursday, August 22nd. Robert W. Baird increased their price objective on TJX Companies from $113.00 to $128.00 and gave the company an "outperform" rating in a research report on Thursday, August 22nd. StockNews.com upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a research note on Sunday, September 15th. UBS Group lifted their price target on shares of TJX Companies from $134.00 to $148.00 and gave the stock a "buy" rating in a research note on Thursday, August 22nd. Finally, Evercore ISI increased their price objective on shares of TJX Companies from $115.00 to $126.00 and gave the company an "outperform" rating in a research report on Monday, August 19th. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, TJX Companies has an average rating of "Moderate Buy" and an average target price of $127.41.

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.