The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 5.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 294,870 shares of the apparel and home fashions retailer's stock after buying an additional 14,508 shares during the period. TD Waterhouse Canada Inc.'s holdings in TJX Companies were worth $35,617,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of TJX. Bogart Wealth LLC bought a new position in shares of TJX Companies during the fourth quarter valued at approximately $25,000. Trivant Custom Portfolio Group LLC bought a new position in TJX Companies in the 4th quarter valued at $26,000. SOA Wealth Advisors LLC. bought a new position in TJX Companies in the 4th quarter valued at $30,000. Millstone Evans Group LLC purchased a new stake in TJX Companies in the fourth quarter worth $30,000. Finally, Promus Capital LLC bought a new stake in shares of TJX Companies during the fourth quarter worth $32,000. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Down 0.1 %

Shares of TJX stock traded down $0.18 during mid-day trading on Wednesday, hitting $125.53. 5,612,887 shares of the stock traded hands, compared to its average volume of 5,384,180. The TJX Companies, Inc. has a 52-week low of $93.39 and a 52-week high of $131.30. The stock has a market cap of $140.23 billion, a P/E ratio of 29.54, a P/E/G ratio of 2.75 and a beta of 0.86. 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 stock's fifty day moving average is $121.83 and its two-hundred day moving average is $121.18.

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

TJX Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 15th will be given a dividend of $0.425 per share. This is a positive change from TJX Companies's previous quarterly dividend of $0.38. This represents a $1.70 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Thursday, May 15th. TJX Companies's dividend payout ratio is currently 39.91%.

Analyst Upgrades and Downgrades

Several research firms recently commented on TJX. StockNews.com raised shares of TJX Companies from a "hold" rating to a "buy" rating in a research note on Wednesday. Morgan Stanley raised their target price on shares of TJX Companies from $130.00 to $135.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 21st. Wells Fargo & Company boosted their price target on TJX Companies from $115.00 to $120.00 and gave the company an "equal weight" rating in a report on Friday, January 10th. Barclays raised their price objective on TJX Companies from $136.00 to $137.00 and gave the stock an "overweight" rating in a report on Thursday, February 27th. Finally, BMO Capital Markets lifted their target price on TJX Companies from $133.00 to $145.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $135.76.

Insider Buying and Selling at TJX Companies

In other TJX Companies 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 transaction of $2,882,346.84. Following the transaction, 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 document filed with the SEC, 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 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 currently owned by company insiders.

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.