The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB increased its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 28.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 238,649 shares of the apparel and home fashions retailer's stock after purchasing an additional 53,264 shares during the quarter. Wilmington Savings Fund Society FSB's holdings in TJX Companies were worth $28,051,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of TJX. Richard W. Paul & Associates LLC purchased a new position in shares of TJX Companies during the second quarter valued at $25,000. Capital Performance Advisors LLP bought a new position in TJX Companies during the 3rd quarter worth about $29,000. Truvestments Capital LLC purchased a new position in TJX Companies during the 3rd quarter valued at about $29,000. Copeland Capital Management LLC bought a new stake in shares of TJX Companies in the 3rd quarter valued at about $30,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies in the 3rd quarter worth approximately $30,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

Shares of NYSE TJX traded down $0.39 during mid-day trading on Thursday, hitting $126.42. The stock had a trading volume of 4,727,721 shares, compared to its average volume of 5,243,246. The company has a 50 day moving average of $118.68 and a two-hundred day moving average of $114.84. The TJX Companies, Inc. has a twelve month low of $88.58 and a twelve month high of $128.00. 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 firm has a market cap of $142.12 billion, a PE ratio of 29.84, a PEG ratio of 3.13 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.05. The firm had revenue of $14.06 billion during the quarter, compared to analysts' expectations of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company's revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the business posted $1.03 earnings per share. Research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies's dividend payout ratio (DPR) is currently 35.29%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. UBS Group increased their price objective on shares of TJX Companies from $134.00 to $148.00 and gave the company a "buy" rating in a research note on Thursday, August 22nd. Morgan Stanley lifted 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. Loop Capital boosted their price target on TJX Companies from $125.00 to $140.00 and gave the stock a "buy" rating in a research report on Thursday, August 22nd. BMO Capital Markets raised their price objective on TJX Companies from $116.00 to $133.00 and gave the company an "outperform" rating in a research report on Thursday, August 22nd. Finally, Wells Fargo & Company boosted their target price on shares of TJX Companies from $100.00 to $115.00 and gave the stock an "equal weight" rating in a report on Thursday, August 22nd. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of "Moderate Buy" and a consensus target price of $130.89.

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.