Capital City Trust Co. FL Raises Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Capital City Trust Co. FL increased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 485.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,766 shares of the apparel and home fashions retailer’s stock after acquiring an additional 13,072 shares during the quarter. Capital City Trust Co. FL’s holdings in TJX Companies were worth $1,853,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. O Shaughnessy Asset Management LLC grew its stake in shares of TJX Companies by 9.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 136,798 shares of the apparel and home fashions retailer’s stock valued at $13,874,000 after buying an additional 11,447 shares in the last quarter. UniSuper Management Pty Ltd increased its position in shares of TJX Companies by 176.6% during the first quarter. UniSuper Management Pty Ltd now owns 25,293 shares of the apparel and home fashions retailer’s stock worth $2,565,000 after purchasing an additional 16,148 shares in the last quarter. Hilltop Partners LLC lifted its stake in TJX Companies by 5.5% in the first quarter. Hilltop Partners LLC now owns 8,756 shares of the apparel and home fashions retailer’s stock valued at $888,000 after buying an additional 459 shares during the last quarter. Capitolis Liquid Global Markets LLC boosted its stake in TJX Companies by 25.2% during the 1st quarter. Capitolis Liquid Global Markets LLC now owns 586,000 shares of the apparel and home fashions retailer’s stock worth $59,432,000 after purchasing an additional 118,000 shares during the period. Finally, Bessemer Group Inc. grew its holdings in shares of TJX Companies by 61.5% during the first quarter. Bessemer Group Inc. now owns 90,369 shares of the apparel and home fashions retailer’s stock worth $9,167,000 after buying an additional 34,426 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of TJX Companies stock in a transaction 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 owns 536,148 shares of the company’s stock, valued at $63,018,835.92. The trade was a 2.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.13% of the company’s stock.

TJX Companies Stock Up 0.1 %

Shares of NYSE:TJX opened at $119.97 on Monday. The company has a fifty day simple moving average of $116.33 and a 200 day simple moving average of $111.69. The firm has a market cap of $135.31 billion, a PE ratio of 28.98, a price-to-earnings-growth ratio of 3.04 and a beta of 0.89. The TJX Companies, Inc. has a 12-month low of $87.26 and a 12-month high of $122.10. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 0.37.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share (EPS) for the quarter, beating 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 business had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.31 billion. During the same period in the prior year, the company posted $0.85 EPS. The business’s revenue was up 5.6% compared to the same quarter last year. On average, equities research analysts anticipate that The TJX Companies, Inc. will post 4.14 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be paid a dividend of $0.375 per share. The ex-dividend date is Thursday, November 14th. This represents a $1.50 dividend on an annualized basis and a yield of 1.25%. TJX Companies’s payout ratio is currently 36.23%.

Analyst Upgrades and Downgrades

TJX has been the subject of a number of analyst reports. Jefferies Financial Group upped their price objective on shares of TJX Companies from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Robert W. Baird boosted their price objective on shares of TJX Companies from $113.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Wells Fargo & Company boosted their price target on TJX Companies from $100.00 to $115.00 and gave the stock an “equal weight” rating in a report on Thursday, August 22nd. Citigroup downgraded shares of TJX Companies from a “buy” rating to a “neutral” rating and upped their price objective for the company from $110.00 to $128.00 in a research note on Thursday, August 22nd. Finally, TD Cowen raised their price target on TJX Companies from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, TJX Companies currently has an average rating of “Moderate Buy” and a consensus target price of $127.41.

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.