Aptus Capital Advisors LLC Increases Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Aptus Capital Advisors LLC grew its position in The TJX Companies, Inc. (NYSE:TJX) by 20.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,519 shares of the apparel and home fashions retailer’s stock after buying an additional 21,761 shares during the quarter. Aptus Capital Advisors LLC’s holdings in TJX Companies were worth $14,989,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Avantax Advisory Services Inc. increased its position in TJX Companies by 2.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 24,337 shares of the apparel and home fashions retailer’s stock worth $2,468,000 after purchasing an additional 607 shares in the last quarter. Bleakley Financial Group LLC increased its position in TJX Companies by 2.7% during the 1st quarter. Bleakley Financial Group LLC now owns 21,193 shares of the apparel and home fashions retailer’s stock worth $2,149,000 after purchasing an additional 561 shares in the last quarter. Edmond DE Rothschild Holding S.A. increased its position in TJX Companies by 5.8% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 3,317 shares of the apparel and home fashions retailer’s stock worth $336,000 after purchasing an additional 182 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in TJX Companies by 35.6% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,189,142 shares of the apparel and home fashions retailer’s stock worth $323,443,000 after purchasing an additional 837,691 shares in the last quarter. Finally, Koshinski Asset Management Inc. increased its position in TJX Companies by 219.8% during the 1st quarter. Koshinski Asset Management Inc. now owns 13,579 shares of the apparel and home fashions retailer’s stock worth $1,377,000 after purchasing an additional 9,333 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of TJX Companies stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the sale, the chief executive officer now directly owns 536,148 shares in the company, valued at $63,018,835.92. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is owned by company insiders.

TJX Companies Stock Up 0.9 %

TJX Companies stock traded up $1.03 during midday trading on Tuesday, hitting $119.09. 558,172 shares of the company were exchanged, compared to its average volume of 5,216,126. The company’s fifty day moving average price is $116.09 and its 200-day moving average price is $110.97. The company has a market cap of $134.32 billion, a PE ratio of 28.52, a price-to-earnings-growth ratio of 2.98 and a beta of 0.89. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.21 and a quick ratio of 0.60. The TJX Companies, Inc. has a fifty-two week low of $87.26 and a fifty-two week high of $121.13.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.04. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The company had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.31 billion. During the same period in the previous year, the business earned $0.85 EPS. TJX Companies’s revenue for the quarter was up 5.6% compared to the same quarter last year. On average, research analysts predict that The TJX Companies, Inc. will post 4.15 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be issued a dividend of $0.375 per share. The ex-dividend date is Thursday, November 14th. This represents a $1.50 annualized dividend and a yield of 1.26%. TJX Companies’s dividend payout ratio is presently 36.23%.

Wall Street Analyst Weigh In

A number of analysts recently commented on TJX shares. Citigroup cut TJX Companies from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $110.00 to $128.00 in a research report on Thursday, August 22nd. Wells Fargo & Company lifted their price target on TJX Companies from $100.00 to $115.00 and gave the company an “equal weight” rating in a report on Thursday, August 22nd. TD Cowen lifted their price target on TJX Companies from $120.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Telsey Advisory Group restated an “outperform” rating and issued a $128.00 price target on shares of TJX Companies in a report on Wednesday, August 21st. Finally, Jefferies Financial Group lifted their price target on TJX Companies from $130.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $126.76.

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.