Capital City Trust Co. FL Acquires 13,072 Shares of The TJX Companies, Inc. (NYSE:TJX)

Capital City Trust Co. FL raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 485.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,766 shares of the apparel and home fashions retailer's stock after acquiring an additional 13,072 shares during the period. Capital City Trust Co. FL's holdings in TJX Companies were worth $1,853,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Richard W. Paul & Associates LLC acquired a new position in shares of TJX Companies in the 2nd quarter valued at $25,000. Capital Performance Advisors LLP purchased a new stake in shares of TJX Companies during the 3rd quarter worth about $29,000. Copeland Capital Management LLC acquired a new stake in shares of TJX Companies during the 3rd quarter valued at about $30,000. New Millennium Group LLC purchased a new position in shares of TJX Companies in the 2nd quarter valued at about $34,000. Finally, Anfield Capital Management LLC acquired a new position in TJX Companies in the 2nd quarter worth about $37,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

NYSE TJX traded down $0.30 on Monday, hitting $119.67. 4,873,897 shares of the stock were exchanged, compared to its average volume of 5,227,739. The TJX Companies, Inc. has a 52 week low of $87.44 and a 52 week high of $122.10. The company has a market capitalization of $134.97 billion, a PE ratio of 28.98, a P/E/G ratio of 3.04 and a beta of 0.89. The business's fifty day moving average is $116.33 and its 200 day moving average is $111.69. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.21 and a quick ratio of 0.60.

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

TJX Companies Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently commented on TJX. Bank of America boosted their price objective on TJX Companies from $115.00 to $135.00 and gave the company a "buy" rating in a research report on Thursday, August 22nd. UBS Group lifted their price objective on TJX Companies from $134.00 to $148.00 and gave the company a "buy" rating in a research note on Thursday, August 22nd. Morgan Stanley increased their price objective on TJX Companies from $122.00 to $129.00 and gave the stock an "overweight" rating in a research report on Thursday, August 22nd. Telsey Advisory Group reiterated an "outperform" rating and set a $134.00 price target on shares of TJX Companies in a research note on Wednesday, November 13th. Finally, Robert W. Baird increased their target price on TJX Companies from $113.00 to $128.00 and gave the stock an "outperform" rating in a research note on Thursday, August 22nd. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $127.41.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the firm's stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total value of $1,763,100.00. Following the transaction, the chief executive officer now directly owns 536,148 shares of the company's stock, valued at approximately $63,018,835.92. This trade represents a 2.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.13% of the company's stock.

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.