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

World Investment Advisors LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 691.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,837 shares of the apparel and home fashions retailer's stock after buying an additional 62,762 shares during the period. World Investment Advisors LLC's holdings in TJX Companies were worth $8,444,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of TJX. Ameriprise Financial Inc. grew its position in TJX Companies by 33.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 12,241,176 shares of the apparel and home fashions retailer's stock valued at $1,347,934,000 after buying an additional 3,063,318 shares during the last quarter. Capital Wealth Planning LLC purchased a new stake in shares of TJX Companies in the 2nd quarter worth about $315,698,000. Los Angeles Capital Management LLC grew its stake in TJX Companies by 80.6% in the 2nd quarter. Los Angeles Capital Management LLC now owns 2,943,176 shares of the apparel and home fashions retailer's stock valued at $324,044,000 after acquiring an additional 1,313,517 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of TJX Companies by 13,309.4% in the third quarter. International Assets Investment Management LLC now owns 1,191,155 shares of the apparel and home fashions retailer's stock valued at $140,008,000 after purchasing an additional 1,182,272 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec grew its holdings in TJX Companies by 161.3% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer's stock valued at $210,003,000 after buying an additional 1,102,912 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TJX has been the topic of a number of analyst reports. Citigroup lowered shares of TJX Companies from a "buy" rating to a "neutral" rating and raised their target price for the stock from $110.00 to $128.00 in a research report on Thursday, August 22nd. Barclays lifted their price objective on TJX Companies from $114.00 to $136.00 and gave the company an "overweight" rating in a research report on Thursday, August 22nd. Guggenheim raised their price target on TJX Companies from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. Bank of America lifted their price target on TJX Companies from $115.00 to $135.00 and gave the company a "buy" rating in a report on Thursday, August 22nd. Finally, StockNews.com upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a report on Saturday, November 30th. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $130.89.

TJX Companies Stock Down 0.4 %

Shares of TJX Companies stock traded down $0.47 on Friday, hitting $125.95. 1,174,799 shares of the company's stock traded hands, compared to its average volume of 5,225,969. The TJX Companies, Inc. has a 52-week low of $88.58 and a 52-week high of $128.00. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The stock has a market cap of $141.59 billion, a P/E ratio of 29.75, a PEG ratio of 3.12 and a beta of 0.90. The firm's 50-day moving average is $118.90 and its 200 day moving average is $114.92.

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

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.19%. The ex-dividend date is Thursday, February 13th. TJX Companies's 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.