The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. grew its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,147 shares of the apparel and home fashions retailer's stock after purchasing an additional 2,958 shares during the quarter. Coldstream Capital Management Inc.'s holdings in TJX Companies were worth $7,750,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Voya Financial Advisors Inc. grew its stake in TJX Companies by 2.4% in the 4th quarter. Voya Financial Advisors Inc. now owns 4,974 shares of the apparel and home fashions retailer's stock valued at $602,000 after acquiring an additional 118 shares during the period. Rothschild Capital Partners LLC acquired a new stake in TJX Companies during the 4th quarter worth $243,000. Hancock Whitney Corp boosted its stake in TJX Companies by 1.1% during the 4th quarter. Hancock Whitney Corp now owns 132,978 shares of the apparel and home fashions retailer's stock worth $16,065,000 after purchasing an additional 1,414 shares during the last quarter. Burling Wealth Partners LLC acquired a new stake in TJX Companies during the 4th quarter worth $3,141,000. Finally, Adage Capital Partners GP L.L.C. boosted its stake in TJX Companies by 12.3% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,064,048 shares of the apparel and home fashions retailer's stock worth $128,548,000 after purchasing an additional 116,200 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other TJX Companies news, Director Alan M. Bennett sold 8,000 shares of the business's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $123.53, for a total transaction of $988,240.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Ernie Herrman sold 23,428 shares of the business's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the sale, the chief executive officer now owns 484,189 shares in the company, valued at $59,569,772.67. This trade represents a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.13% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on TJX shares. Barclays lifted their target price on shares of TJX Companies from $136.00 to $137.00 and gave the stock an "overweight" rating in a research note on Thursday, February 27th. UBS Group lifted their target price on shares of TJX Companies from $148.00 to $151.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Morgan Stanley boosted their price target on shares of TJX Companies from $130.00 to $135.00 and gave the company an "overweight" rating in a research report on Tuesday, January 21st. Wells Fargo & Company boosted their price target on shares of TJX Companies from $115.00 to $120.00 and gave the company an "equal weight" rating in a research report on Friday, January 10th. Finally, Robert W. Baird boosted their price target on shares of TJX Companies from $138.00 to $140.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $137.38.

TJX Companies Trading Up 0.4 %

TJX traded up $0.55 on Monday, hitting $127.11. The company had a trading volume of 3,573,208 shares, compared to its average volume of 5,366,230. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The firm has a market cap of $141.99 billion, a P/E ratio of 29.91, a PEG ratio of 2.75 and a beta of 0.86. The company's fifty day moving average price is $122.02 and its 200 day moving average price is $121.60. The TJX Companies, Inc. has a 1 year low of $93.39 and a 1 year 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 (EPS) for the quarter, topping analysts' consensus estimates of $1.16 by $0.07. The company had revenue of $16.35 billion for the quarter, compared to analyst estimates of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. As a group, equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.425 per share. The ex-dividend date is Thursday, May 15th. This is a positive change from TJX Companies's previous quarterly dividend of $0.38. This represents a $1.70 dividend on an annualized basis and a yield of 1.34%. TJX Companies's dividend payout ratio is 39.91%.

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.