The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by World Investment Advisors

World Investment Advisors lifted its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 22.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 87,950 shares of the apparel and home fashions retailer's stock after buying an additional 16,113 shares during the quarter. World Investment Advisors' holdings in TJX Companies were worth $10,625,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TJX. Bogart Wealth LLC bought a new position in TJX Companies in the 4th quarter valued at $25,000. Trivant Custom Portfolio Group LLC bought a new position in shares of TJX Companies in the fourth quarter worth about $26,000. Legacy Investment Solutions LLC purchased a new position in TJX Companies in the 3rd quarter worth about $30,000. SOA Wealth Advisors LLC. bought a new stake in TJX Companies during the 4th quarter valued at about $30,000. Finally, Millstone Evans Group LLC purchased a new stake in TJX Companies in the 4th quarter valued at about $30,000. 91.09% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 23,428 shares of TJX Companies stock in a transaction 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 completion of the sale, the chief executive officer now directly owns 484,189 shares in the company, valued at approximately $59,569,772.67. The trade was a 4.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Alan M. Bennett sold 8,000 shares of the business's stock in a transaction on Thursday, February 27th. The shares were 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 owned by company insiders.

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Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. UBS Group raised their target price on shares of TJX Companies from $148.00 to $151.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. Jefferies Financial Group raised their price objective on TJX Companies from $140.00 to $145.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Wells Fargo & Company lifted their target price on TJX Companies from $115.00 to $120.00 and gave the company an "equal weight" rating in a research report on Friday, January 10th. Guggenheim raised their price target on TJX Companies from $135.00 to $140.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Finally, Citigroup upgraded TJX Companies from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $128.00 to $140.00 in a report on Thursday. One equities research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $135.76.

TJX Companies Stock Up 0.3 %

NYSE TJX traded up $0.39 on Thursday, hitting $125.32. The stock had a trading volume of 11,385,422 shares, compared to its average volume of 5,238,064. The business's fifty day moving average price is $121.70 and its 200 day moving average price is $120.35. The stock has a market cap of $140.88 billion, a price-to-earnings ratio of 29.49, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96. 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 TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.07. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm had revenue of $16.35 billion for the quarter, compared to the consensus estimate of $16.24 billion. Equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 15th will be paid a $0.425 dividend. The ex-dividend date is Thursday, May 15th. 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 yield of 1.36%. TJX Companies's dividend payout ratio (DPR) is 35.21%.

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.