Chatham Capital Group Inc. Buys 7,648 Shares of The TJX Companies, Inc. (NYSE:TJX)

Chatham Capital Group Inc. grew its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 101.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,150 shares of the apparel and home fashions retailer's stock after acquiring an additional 7,648 shares during the quarter. Chatham Capital Group Inc.'s holdings in TJX Companies were worth $1,537,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of TJX. Running Oak Capital LLC lifted its position in shares of TJX Companies by 10.9% in the 1st quarter. Running Oak Capital LLC now owns 111,987 shares of the apparel and home fashions retailer's stock worth $11,358,000 after acquiring an additional 11,036 shares during the period. Ferguson Wellman Capital Management Inc. boosted its stake in TJX Companies by 3.7% during the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 603,482 shares of the apparel and home fashions retailer's stock worth $56,613,000 after buying an additional 21,767 shares in the last quarter. Savoir Faire Capital Management L.P. bought a new stake in TJX Companies in the 3rd quarter valued at $3,197,000. Gateway Investment Advisers LLC increased its stake in TJX Companies by 42.9% in the fourth quarter. Gateway Investment Advisers LLC now owns 19,108 shares of the apparel and home fashions retailer's stock valued at $1,793,000 after acquiring an additional 5,737 shares during the period. Finally, Options Solutions LLC acquired a new position in TJX Companies in the fourth quarter worth about $726,000. Institutional investors own 91.09% of the company's stock.

TJX Companies Trading Down 0.4 %

Shares of TJX stock traded down $0.45 on Friday, reaching $110.10. 12,781,419 shares of the stock were exchanged, compared to its average volume of 6,462,926. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.23 and a quick ratio of 0.61. The TJX Companies, Inc. has a one year low of $82.25 and a one year high of $111.79. The stock has a market cap of $124.43 billion, a PE ratio of 27.32, a P/E/G ratio of 2.94 and a beta of 0.87. The stock has a 50 day moving average price of $102.48 and a 200 day moving average price of $98.30.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, May 22nd. The apparel and home fashions retailer reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.06. The firm had revenue of $12.48 billion during the quarter, compared to analysts' expectations of $12.48 billion. TJX Companies had a return on equity of 64.26% and a net margin of 8.47%. The company's quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.76 EPS. Equities research analysts forecast that The TJX Companies, Inc. will post 4.09 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, August 15th. TJX Companies's dividend payout ratio is presently 37.22%.

Insiders Place Their Bets

In other news, Director Amy B. Lane sold 1,500 shares of the firm's stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $102.07, for a total value of $153,105.00. Following the transaction, the director now directly owns 23,470 shares in the company, valued at approximately $2,395,582.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Ernie Herrman sold 20,000 shares of the business's stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $102.17, for a total transaction of $2,043,400.00. Following the completion of the transaction, the chief executive officer now owns 571,148 shares in the company, valued at $58,354,191.16. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Amy B. Lane sold 1,500 shares of the stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $102.07, for a total transaction of $153,105.00. Following the completion of the sale, the director now owns 23,470 shares in the company, valued at $2,395,582.90. The disclosure for this sale can be found here. In the last 90 days, insiders sold 50,003 shares of company stock valued at $5,060,941. Company insiders own 0.13% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on TJX shares. Robert W. Baird lifted their price objective on TJX Companies from $110.00 to $113.00 and gave the company an "outperform" rating in a report on Thursday, May 23rd. Sanford C. Bernstein upped their price target on TJX Companies from $115.00 to $120.00 and gave the company an "outperform" rating in a research report on Thursday, May 23rd. TD Cowen lifted their price objective on TJX Companies from $119.00 to $120.00 and gave the company a "buy" rating in a report on Friday, May 17th. BMO Capital Markets boosted their target price on shares of TJX Companies from $110.00 to $116.00 and gave the company an "outperform" rating in a research note on Monday, June 3rd. Finally, Evercore ISI set a $113.00 target price on shares of TJX Companies in a research report on Tuesday, May 21st. Two investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat, TJX Companies has a consensus rating of "Moderate Buy" and a consensus price target of $110.39.

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.