The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Community Financial Services Group LLC

Community Financial Services Group LLC lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,110 shares of the apparel and home fashions retailer’s stock after purchasing an additional 177 shares during the quarter. Community Financial Services Group LLC’s holdings in TJX Companies were worth $2,364,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Valued Wealth Advisors LLC increased its holdings in TJX Companies by 260.3% in the first quarter. Valued Wealth Advisors LLC now owns 245 shares of the apparel and home fashions retailer’s stock valued at $25,000 after buying an additional 177 shares in the last quarter. Richard W. Paul & Associates LLC acquired a new position in TJX Companies in the 2nd quarter worth about $25,000. AlphaMark Advisors LLC boosted its position in TJX Companies by 58.4% during the first quarter. AlphaMark Advisors LLC now owns 331 shares of the apparel and home fashions retailer’s stock worth $34,000 after purchasing an additional 122 shares in the last quarter. New Millennium Group LLC acquired a new stake in TJX Companies in the second quarter valued at approximately $34,000. Finally, Register Financial Advisors LLC purchased a new stake in shares of TJX Companies in the first quarter valued at approximately $37,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on TJX shares. Wells Fargo & Company lifted their price target on shares of TJX Companies from $100.00 to $115.00 and gave the company an “equal weight” rating in a research note on Thursday, August 22nd. UBS Group upped their price target on shares of TJX Companies from $134.00 to $148.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Evercore ISI boosted their price objective on TJX Companies from $115.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, August 19th. BMO Capital Markets raised their target price on TJX Companies from $116.00 to $133.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Finally, Jefferies Financial Group boosted their price target on TJX Companies from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $126.76.

TJX Companies Stock Down 1.7 %

TJX stock opened at $115.66 on Tuesday. The TJX Companies, Inc. has a one year low of $86.92 and a one year high of $121.13. The firm has a market cap of $130.45 billion, a PE ratio of 27.94, a PEG ratio of 2.97 and a beta of 0.89. The firm’s 50 day moving average price is $116.48 and its 200-day moving average price is $108.88. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.04. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The firm had revenue of $13.47 billion for the quarter, compared to analysts’ expectations of $13.31 billion. During the same period in the prior year, the firm posted $0.85 earnings per share. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. On average, equities research analysts anticipate that The TJX Companies, Inc. will post 4.15 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Thursday, November 14th. TJX Companies’s dividend payout ratio is presently 36.23%.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total value of $1,763,100.00. Following the transaction, the chief executive officer now directly owns 536,148 shares in the company, valued at approximately $63,018,835.92. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.13% of the stock is currently owned by insiders.

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.