The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Capital Wealth Planning LLC

Capital Wealth Planning LLC boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 39.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,658,245 shares of the apparel and home fashions retailer’s stock after buying an additional 1,027,456 shares during the quarter. TJX Companies accounts for 4.1% of Capital Wealth Planning LLC’s investment portfolio, making the stock its 14th largest position. Capital Wealth Planning LLC owned approximately 0.33% of TJX Companies worth $441,953,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Richard W. Paul & Associates LLC lifted its holdings in TJX Companies by 476.6% during the 4th quarter. Richard W. Paul & Associates LLC now owns 2,243 shares of the apparel and home fashions retailer’s stock worth $271,000 after buying an additional 1,854 shares in the last quarter. West Michigan Advisors LLC increased its position in shares of TJX Companies by 13.7% in the 4th quarter. West Michigan Advisors LLC now owns 4,482 shares of the apparel and home fashions retailer’s stock valued at $541,000 after purchasing an additional 539 shares during the last quarter. Williamson Legacy Group LLC purchased a new stake in shares of TJX Companies in the 4th quarter valued at approximately $438,000. Fisher Asset Management LLC increased its position in shares of TJX Companies by 25.8% in the 4th quarter. Fisher Asset Management LLC now owns 8,481 shares of the apparel and home fashions retailer’s stock valued at $1,025,000 after purchasing an additional 1,738 shares during the last quarter. Finally, Maple Capital Management Inc. increased its position in shares of TJX Companies by 0.4% in the 4th quarter. Maple Capital Management Inc. now owns 221,502 shares of the apparel and home fashions retailer’s stock valued at $26,760,000 after purchasing an additional 873 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on TJX shares. Morgan Stanley increased their price objective on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Robert W. Baird increased their price objective on shares of TJX Companies from $138.00 to $140.00 and gave the company an “outperform” rating in a research report on Thursday. StockNews.com downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Evercore ISI increased their price objective on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $135.06.

Insider Buying and Selling

In related news, Director Alan M. Bennett sold 8,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $123.53, for a total transaction of $988,240.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.13% of the stock is owned by insiders.

TJX Companies Stock Up 1.1 %

TJX stock opened at $124.79 on Friday. The TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00. The stock has a market capitalization of $140.28 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91. 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 company has a fifty day moving average of $122.98 and a 200-day moving average of $120.02.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.07. The firm had revenue of $16.35 billion for the quarter, compared to the consensus estimate of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. As a group, analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Thursday, February 13th. 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.