The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Aviva PLC

Aviva PLC grew its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 113.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,216,486 shares of the apparel and home fashions retailer’s stock after purchasing an additional 646,934 shares during the quarter. Aviva PLC owned approximately 0.11% of TJX Companies worth $146,964,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Bogart Wealth LLC purchased a new stake in TJX Companies during the 4th quarter valued at about $25,000. Trivant Custom Portfolio Group LLC purchased a new stake in shares of TJX Companies in the fourth quarter valued at approximately $26,000. Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies in the third quarter valued at approximately $30,000. SOA Wealth Advisors LLC. acquired a new stake in shares of TJX Companies in the fourth quarter valued at approximately $30,000. Finally, Millstone Evans Group LLC purchased a new position in TJX Companies during the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insider Activity at TJX Companies

In related news, Director Alan M. Bennett sold 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total value of $988,240.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Ernie Herrman sold 23,428 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the transaction, the chief executive officer now owns 484,189 shares of the company’s stock, valued at $59,569,772.67. This trade represents a 4.62 % decrease in their position. The disclosure for this sale can be found here. 0.13% of the stock is currently owned by company insiders.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $121.92 on Friday. The stock has a market capitalization of $137.06 billion, a price-to-earnings ratio of 28.69, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96. 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 business has a 50-day moving average of $121.69 and a 200 day moving average of $120.37. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.33.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, beating the consensus estimate of $1.16 by $0.07. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business had revenue of $16.35 billion during the quarter, compared to analyst estimates of $16.24 billion. As a group, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be paid a $0.425 dividend. This is a boost from TJX Companies’s previous quarterly dividend of $0.38. This represents a $1.70 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Thursday, May 15th. TJX Companies’s dividend payout ratio (DPR) is presently 35.21%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TJX. Robert W. Baird upped their target price on TJX Companies from $138.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Wells Fargo & Company raised their price objective on shares of TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. BMO Capital Markets boosted their target price on shares of TJX Companies from $133.00 to $145.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. StockNews.com downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Friday. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $135.76.

TJX Companies 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.