Everett Harris & Co. CA Has $135.33 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Everett Harris & Co. CA lowered its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 0.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,151,379 shares of the apparel and home fashions retailer's stock after selling 4,295 shares during the quarter. TJX Companies comprises 1.7% of Everett Harris & Co. CA's portfolio, making the stock its 11th largest position. Everett Harris & Co. CA owned about 0.10% of TJX Companies worth $135,333,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of TJX. Valued Wealth Advisors LLC boosted its holdings in TJX Companies by 260.3% in the first quarter. Valued Wealth Advisors LLC now owns 245 shares of the apparel and home fashions retailer's stock valued at $25,000 after purchasing an additional 177 shares during the last quarter. Richard W. Paul & Associates LLC purchased a new position in TJX Companies in the second quarter valued at about $25,000. OFI Invest Asset Management purchased a new position in TJX Companies in the first quarter valued at about $30,000. AlphaMark Advisors LLC boosted its holdings in TJX Companies by 58.4% in the first quarter. AlphaMark Advisors LLC now owns 331 shares of the apparel and home fashions retailer's stock valued at $34,000 after purchasing an additional 122 shares during the last quarter. Finally, New Millennium Group LLC purchased a new position in TJX Companies in the second quarter valued at about $34,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of analyst reports. Morgan Stanley increased their price target on TJX Companies from $122.00 to $129.00 and gave the company an "overweight" rating in a report on Thursday, August 22nd. StockNews.com raised TJX Companies from a "hold" rating to a "buy" rating in a report on Sunday, September 15th. Citigroup downgraded TJX Companies from a "buy" rating to a "neutral" rating and increased their target price for the stock from $110.00 to $128.00 in a report on Thursday, August 22nd. Wells Fargo & Company increased their target price on TJX Companies from $100.00 to $115.00 and gave the stock an "equal weight" rating in a report on Thursday, August 22nd. Finally, UBS Group increased their target price on TJX Companies from $134.00 to $148.00 and gave the stock a "buy" rating in a report on Thursday, August 22nd. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, TJX Companies currently has a consensus rating of "Moderate Buy" and an average target price of $126.76.

TJX Companies Stock Performance

TJX traded up $0.23 during trading hours on Friday, hitting $117.71. The company's stock had a trading volume of 3,478,101 shares, compared to its average volume of 5,294,665. The TJX Companies, Inc. has a fifty-two week low of $86.92 and a fifty-two week high of $121.13. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $133.03 billion, a PE ratio of 29.21, a PEG ratio of 2.91 and a beta of 0.89. The company has a 50-day simple moving average of $116.40 and a 200 day simple moving average of $108.60.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 EPS for the quarter, beating the consensus estimate of $0.92 by $0.04. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The firm had revenue of $13.47 billion for the quarter, compared to analysts' expectations of $13.31 billion. During the same period last year, the firm earned $0.85 EPS. The firm's revenue was up 5.6% compared to the same quarter last year. As a group, sell-side analysts expect that The TJX Companies, Inc. will post 4.15 EPS for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies's dividend payout ratio (DPR) is presently 37.22%.

Insider Activity

In other news, CEO Ernie Herrman sold 15,000 shares of TJX Companies stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the transaction, the chief executive officer now directly owns 536,148 shares in the company, valued at approximately $63,018,835.92. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is owned by insiders.

About TJX Companies

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.