The TJX Companies, Inc. (NYSE:TJX) Stock Holdings Lifted by Chatham Capital Group Inc.

Chatham Capital Group Inc. lifted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 101.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 15,150 shares of the apparel and home fashions retailer’s stock after purchasing an additional 7,648 shares during the period. Chatham Capital Group Inc.’s holdings in TJX Companies were worth $1,537,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of TJX. Frazier Financial Advisors LLC bought a new position in shares of TJX Companies in the 4th quarter worth about $27,000. Anchor Investment Management LLC bought a new stake in TJX Companies in the 4th quarter valued at about $28,000. BKM Wealth Management LLC bought a new stake in TJX Companies in the 4th quarter valued at about $30,000. Register Financial Advisors LLC bought a new stake in TJX Companies in the 1st quarter valued at about $37,000. Finally, Sachetta LLC bought a new stake in TJX Companies in the 4th quarter valued at about $38,000. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Down 0.4 %

Shares of TJX stock traded down $0.45 during trading on Friday, hitting $110.10. 12,781,419 shares of the company were exchanged, compared to its average volume of 6,462,926. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.61 and a current ratio of 1.23. The firm has a market capitalization of $124.43 billion, a price-to-earnings ratio of 27.32, a P/E/G ratio of 2.94 and a beta of 0.87. The business’s 50-day simple moving average is $102.48 and its 200 day simple moving average is $98.30. The TJX Companies, Inc. has a twelve month low of $82.25 and a twelve month high of $111.79.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, May 22nd. The apparel and home fashions retailer reported $0.93 EPS for the quarter, topping the consensus estimate of $0.87 by $0.06. The business had revenue of $12.48 billion during the quarter, compared to analysts’ expectations of $12.48 billion. TJX Companies had a net margin of 8.47% and a return on equity of 64.26%. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company posted $0.76 earnings per share. As a group, analysts forecast that The TJX Companies, Inc. will post 4.09 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Thursday, August 15th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date is Thursday, August 15th. TJX Companies’s dividend payout ratio (DPR) is presently 37.22%.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 1,500 shares of TJX Companies stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $102.07, for a total value of $153,105.00. Following the completion of the sale, the director now directly owns 23,470 shares in the company, valued at $2,395,582.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other TJX Companies news, Director Amy B. Lane sold 1,500 shares of TJX Companies stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $102.07, for a total value of $153,105.00. Following the completion of the sale, the director now directly owns 23,470 shares in the company, valued at $2,395,582.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Louise Greenlees sold 8,171 shares of the business’s stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of $101.73, for a total transaction of $831,235.83. Following the completion of the sale, the executive vice president now owns 49,570 shares of the company’s stock, valued at $5,042,756.10. The disclosure for this sale can be found here. Insiders sold 50,003 shares of company stock worth $5,060,941 over the last ninety days. 0.13% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

TJX has been the topic of several recent research reports. Evercore ISI set a $113.00 price objective on shares of TJX Companies in a research report on Tuesday, May 21st. The Goldman Sachs Group upgraded shares of TJX Companies from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $100.00 to $110.00 in a research report on Thursday, April 25th. Sanford C. Bernstein raised their target price on shares of TJX Companies from $115.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, May 23rd. TD Cowen raised their target price on shares of TJX Companies from $119.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, May 17th. Finally, Telsey Advisory Group raised their target price on shares of TJX Companies from $112.00 to $115.00 and gave the company an “outperform” rating in a research note on Thursday, May 23rd. Two analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $110.39.

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.