2,028 Shares in The TJX Companies, Inc. (NYSE:TJX) Bought by apricus wealth LLC

apricus wealth LLC bought a new position in The TJX Companies, Inc. (NYSE:TJX) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 2,028 shares of the apparel and home fashions retailer’s stock, valued at approximately $247,000.

Several other hedge funds and other institutional investors have also made changes to their positions in TJX. Bogart Wealth LLC bought a new position in shares of TJX Companies during the 4th quarter valued at about $25,000. Millstone Evans Group LLC bought a new position in shares of TJX Companies during the 4th quarter valued at about $30,000. Promus Capital LLC bought a new position in shares of TJX Companies during the 4th quarter valued at about $32,000. Tacita Capital Inc bought a new position in shares of TJX Companies during the 4th quarter valued at about $38,000. Finally, Rialto Wealth Management LLC boosted its holdings in shares of TJX Companies by 105.9% during the 1st quarter. Rialto Wealth Management LLC now owns 348 shares of the apparel and home fashions retailer’s stock valued at $42,000 after purchasing an additional 179 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

TJX has been the subject of several research reports. Citigroup raised shares of TJX Companies from a “neutral” rating to a “buy” rating in a report on Wednesday, May 21st. Loop Capital set a $150.00 price objective on shares of TJX Companies and gave the company a “buy” rating in a report on Thursday, May 22nd. Cowen restated a “buy” rating on shares of TJX Companies in a research report on Tuesday, May 20th. Telsey Advisory Group restated an “outperform” rating and set a $145.00 target price on shares of TJX Companies in a research report on Wednesday, May 21st. Finally, Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Monday, May 12th. One analyst has rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $141.53.

TJX Companies Stock Performance

TJX Companies stock opened at $124.54 on Thursday. 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 1-year low of $106.18 and a 1-year high of $135.85. The firm has a market capitalization of $139.12 billion, a P/E ratio of 29.30, a price-to-earnings-growth ratio of 2.75 and a beta of 0.90. The company’s 50-day moving average is $127.73 and its 200 day moving average is $124.22.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.02. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The firm had revenue of $13.11 billion during the quarter, compared to the consensus estimate of $13.01 billion. During the same quarter in the previous year, the firm posted $0.93 earnings per share. The company’s revenue was up 5.1% on a year-over-year basis. Research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.37%. The ex-dividend date is Thursday, August 14th. TJX Companies’s dividend payout ratio is presently 40.00%.

Insider Activity

In other news, Director Amy B. Lane sold 950 shares of TJX Companies stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total transaction of $121,685.50. Following the completion of the sale, the director now owns 22,712 shares of the company’s stock, valued at approximately $2,909,180.08. The trade was a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.13% of the company’s stock.

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.