First National Bank of Omaha Has $12.83 Million Stock Position in The TJX Companies, Inc. (NYSE:TJX)

First National Bank of Omaha trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 12.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 109,119 shares of the apparel and home fashions retailer's stock after selling 15,305 shares during the period. TJX Companies accounts for approximately 0.8% of First National Bank of Omaha's holdings, making the stock its 25th largest position. First National Bank of Omaha's holdings in TJX Companies were worth $12,826,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies during the 3rd quarter worth about $30,000. Dunhill Financial LLC lifted its holdings in TJX Companies by 5.4% in the 3rd quarter. Dunhill Financial LLC now owns 3,273 shares of the apparel and home fashions retailer's stock worth $385,000 after purchasing an additional 169 shares during the last quarter. Zacks Investment Management boosted its position in TJX Companies by 31.0% during the third quarter. Zacks Investment Management now owns 245,700 shares of the apparel and home fashions retailer's stock worth $28,880,000 after purchasing an additional 58,204 shares during the period. National Bank of Canada FI grew its holdings in TJX Companies by 15.8% during the third quarter. National Bank of Canada FI now owns 913,794 shares of the apparel and home fashions retailer's stock valued at $107,371,000 after purchasing an additional 124,986 shares during the last quarter. Finally, EP Wealth Advisors LLC grew its holdings in TJX Companies by 12.9% during the third quarter. EP Wealth Advisors LLC now owns 250,142 shares of the apparel and home fashions retailer's stock valued at $29,402,000 after purchasing an additional 28,645 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on TJX shares. Guggenheim boosted their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft upped their price target on shares of TJX Companies from $130.00 to $131.00 and gave the company a "buy" rating in a report on Thursday, November 21st. Loop Capital lifted their price objective on TJX Companies from $125.00 to $140.00 and gave the stock a "buy" rating in a research note on Thursday, August 22nd. TD Cowen boosted their price objective on TJX Companies from $130.00 to $132.00 and gave the stock a "buy" rating in a research report on Friday, November 22nd. Finally, Jefferies Financial Group raised their target price on TJX Companies from $140.00 to $145.00 and gave the company a "buy" rating in a report on Thursday. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $130.89.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 15,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the completion of the sale, the chief executive officer now owns 536,148 shares of the company's stock, valued at approximately $63,018,835.92. This trade represents a 2.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.13% of the company's stock.

TJX Companies Price Performance

Shares of TJX Companies stock traded up $0.17 during trading on Friday, hitting $126.09. 4,064,762 shares of the company's stock traded hands, compared to its average volume of 4,963,263. The TJX Companies, Inc. has a twelve month low of $88.43 and a twelve month high of $128.00. 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 company has a market cap of $141.75 billion, a PE ratio of 29.67, a PEG ratio of 3.10 and a beta of 0.90. The firm's fifty day moving average price is $118.09 and its 200 day moving average price is $114.40.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, beating analysts' consensus estimates of $1.09 by $0.05. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $13.95 billion. During the same period in the previous year, the business earned $1.03 earnings per share. The company's quarterly revenue was up 6.0% on a year-over-year basis. Analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.375 per share. The ex-dividend date was Thursday, November 14th. This represents a $1.50 annualized dividend and a yield of 1.19%. TJX Companies's dividend payout ratio is currently 35.29%.

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.