2,010 Shares in The TJX Companies, Inc. (NYSE:TJX) Acquired by Rothschild Capital Partners LLC

Rothschild Capital Partners LLC bought a new stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,010 shares of the apparel and home fashions retailer's stock, valued at approximately $243,000.

A number of other hedge funds have also recently modified their holdings of TJX. Bogart Wealth LLC acquired a new stake in TJX Companies during the 4th quarter valued at approximately $25,000. Trivant Custom Portfolio Group LLC acquired a new position in shares of TJX Companies during the 4th quarter valued at about $26,000. SOA Wealth Advisors LLC. purchased a new position in TJX Companies during the 4th quarter valued at about $30,000. Millstone Evans Group LLC purchased a new position in TJX Companies in the 4th quarter valued at approximately $30,000. Finally, Promus Capital LLC acquired a new position in shares of TJX Companies during the fourth quarter worth about $32,000. Institutional investors own 91.09% of the company's stock.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 23,428 shares of the firm'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 directly owns 484,189 shares of the company's stock, valued at $59,569,772.67. This trade represents a 4.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of the stock in a transaction dated 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. Company insiders own 0.13% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TJX. BMO Capital Markets increased their target price on shares of TJX Companies from $133.00 to $145.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. Morgan Stanley increased their price objective on TJX Companies from $130.00 to $135.00 and gave the company an "overweight" rating in a research note on Tuesday, January 21st. Citigroup upgraded shares of TJX Companies from a "neutral" rating to a "buy" rating and lifted their price target for the company from $128.00 to $140.00 in a report on Thursday, April 3rd. Barclays upped their target price on shares of TJX Companies from $136.00 to $137.00 and gave the company an "overweight" rating in a research note on Thursday, February 27th. Finally, Robert W. Baird raised their price objective on TJX Companies from $138.00 to $140.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. One research analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $137.38.

TJX Companies Price Performance

TJX traded up $1.01 during midday trading on Tuesday, hitting $128.14. The stock had a trading volume of 3,886,519 shares, compared to its average volume of 5,360,334. The company has a market cap of $143.14 billion, a P/E ratio of 30.15, a price-to-earnings-growth ratio of 2.75 and a beta of 0.86. The business has a fifty day moving average of $122.02 and a 200 day moving average of $121.60. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. 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 announced its quarterly earnings data 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. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The business had revenue of $16.35 billion during the quarter, compared to analysts' expectations of $16.24 billion. As a group, equities analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be paid a $0.425 dividend. This is a boost from TJX Companies's previous quarterly dividend of $0.38. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, May 15th. TJX Companies's dividend payout ratio (DPR) is presently 39.91%.

TJX Companies 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.