Dimensional Fund Advisors LP Has $792.54 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Dimensional Fund Advisors LP increased its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,560,121 shares of the apparel and home fashions retailer's stock after acquiring an additional 23,112 shares during the period. Dimensional Fund Advisors LP owned approximately 0.58% of TJX Companies worth $792,544,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Howard Capital Management Group LLC raised its position in TJX Companies by 42.9% in the third quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer's stock valued at $27,208,000 after purchasing an additional 69,489 shares during the period. Morse Asset Management Inc grew its stake in shares of TJX Companies by 10.6% in the third quarter. Morse Asset Management Inc now owns 3,015 shares of the apparel and home fashions retailer's stock valued at $354,000 after buying an additional 290 shares in the last quarter. Wealthquest Corp purchased a new stake in shares of TJX Companies during the 3rd quarter valued at about $238,000. World Investment Advisors LLC lifted its position in TJX Companies by 691.6% during the 3rd quarter. World Investment Advisors LLC now owns 71,837 shares of the apparel and home fashions retailer's stock worth $8,444,000 after acquiring an additional 62,762 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB boosted its holdings in TJX Companies by 28.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 238,649 shares of the apparel and home fashions retailer's stock worth $28,051,000 after acquiring an additional 53,264 shares during the period. Institutional investors and hedge funds own 91.09% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TJX. Telsey Advisory Group reaffirmed an "outperform" rating and set a $145.00 price target on shares of TJX Companies in a research note on Thursday, February 27th. BMO Capital Markets lifted their target price on TJX Companies from $133.00 to $145.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. Robert W. Baird increased their price target on TJX Companies from $138.00 to $140.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. StockNews.com upgraded TJX Companies from a "hold" rating to a "buy" rating in a research note on Wednesday. Finally, Morgan Stanley upped their target price on TJX Companies from $130.00 to $135.00 and gave the company an "overweight" rating in a research report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $135.76.

TJX Companies Stock Performance

TJX stock traded up $0.11 during trading on Wednesday, reaching $125.82. 2,169,318 shares of the company's stock were exchanged, compared to its average volume of 5,372,699. The TJX Companies, Inc. has a 1-year low of $93.39 and a 1-year high of $131.30. The firm has a market cap of $140.55 billion, a PE ratio of 29.60, a P/E/G ratio of 2.75 and a beta of 0.86. The company's fifty day moving average price is $121.83 and its 200-day moving average price is $121.18. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.07. The firm had revenue of $16.35 billion during 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%. On average, research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal 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 given a $0.425 dividend. The ex-dividend date is Thursday, May 15th. This is a boost from TJX Companies's previous quarterly dividend of $0.38. This represents a $1.70 annualized dividend and a yield of 1.35%. TJX Companies's payout ratio is 39.91%.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 23,428 shares of the company's stock in a transaction that occurred on 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 sale, the chief executive officer now owns 484,189 shares in the company, valued at approximately $59,569,772.67. This represents a 4.62 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alan M. Bennett sold 8,000 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The disclosure for this sale can be found here. 0.13% of the stock is owned by corporate insiders.

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.