The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. increased its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 10,211.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 206,750 shares of the apparel and home fashions retailer's stock after acquiring an additional 204,745 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in TJX Companies were worth $24,977,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in TJX. Bogart Wealth LLC purchased a new position in shares of TJX Companies during the 4th quarter valued at approximately $25,000. Trivant Custom Portfolio Group LLC bought a new stake in shares of TJX Companies during the 4th quarter worth about $26,000. Legacy Investment Solutions LLC bought a new position in TJX Companies during the third quarter valued at about $30,000. SOA Wealth Advisors LLC. acquired a new stake in shares of TJX Companies during the 4th quarter valued at $30,000. Finally, Millstone Evans Group LLC acquired a new position in shares of TJX Companies in the 4th quarter valued at $30,000. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TJX shares. Jefferies Financial Group lifted their price objective on TJX Companies from $140.00 to $145.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. Telsey Advisory Group reissued an "outperform" rating and set a $145.00 price objective on shares of TJX Companies in a report on Thursday, February 27th. Barclays increased their price objective on TJX Companies from $136.00 to $137.00 and gave the stock an "overweight" rating in a research note on Thursday, February 27th. Morgan Stanley raised their price target on TJX Companies from $130.00 to $135.00 and gave the company an "overweight" rating in a report on Tuesday, January 21st. Finally, BMO Capital Markets raised their price target on shares of TJX Companies from $133.00 to $145.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat.com, TJX Companies has an average rating of "Moderate Buy" and an average price target of $135.06.

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Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 23,428 shares of the company's stock in a transaction that occurred on 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 completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Alan M. Bennett sold 8,000 shares of the 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 disclosure for this sale can be found here. 0.13% of the stock is owned by corporate insiders.

TJX Companies Stock Up 0.7 %

Shares of NYSE:TJX traded up $0.88 during trading hours on Tuesday, hitting $122.68. The company's stock had a trading volume of 4,781,897 shares, compared to its average volume of 5,204,289. The company has a market capitalization of $137.92 billion, a price-to-earnings ratio of 28.87, a P/E/G ratio of 2.75 and a beta of 0.96. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The firm's fifty day moving average price is $121.61 and its 200 day moving average price is $120.26. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00.

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

TJX Companies Increases Dividend

The business also recently announced 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. This represents a $1.70 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend is Thursday, May 15th. This is a positive change from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's dividend payout ratio (DPR) is 35.21%.

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.