The TJX Companies, Inc. (NYSE:TJX) Holdings Lifted by Moors & Cabot Inc.

Moors & Cabot Inc. boosted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 154,987 shares of the apparel and home fashions retailer’s stock after acquiring an additional 1,324 shares during the quarter. TJX Companies accounts for 0.9% of Moors & Cabot Inc.’s portfolio, making the stock its 19th largest position. Moors & Cabot Inc.’s holdings in TJX Companies were worth $18,217,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in TJX. Darwin Wealth Management LLC acquired a new stake in shares of TJX Companies during the 3rd quarter valued at $2,385,000. First Horizon Advisors Inc. raised its position in shares of TJX Companies by 1.9% during the third quarter. First Horizon Advisors Inc. now owns 214,016 shares of the apparel and home fashions retailer’s stock worth $25,156,000 after purchasing an additional 4,084 shares during the period. Howe & Rusling Inc. lifted its holdings in shares of TJX Companies by 3.2% during the third quarter. Howe & Rusling Inc. now owns 120,202 shares of the apparel and home fashions retailer’s stock valued at $14,128,000 after purchasing an additional 3,690 shares during the last quarter. Strategy Asset Managers LLC acquired a new position in shares of TJX Companies in the 3rd quarter valued at $751,000. Finally, Segall Bryant & Hamill LLC lifted its stake in TJX Companies by 11.0% during the third quarter. Segall Bryant & Hamill LLC now owns 288,132 shares of the apparel and home fashions retailer’s stock valued at $33,867,000 after buying an additional 28,499 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX stock traded down $2.19 during trading on Wednesday, hitting $117.37. 685,895 shares of the stock traded hands, compared to its average volume of 5,211,244. The stock has a market cap of $132.38 billion, a price-to-earnings ratio of 28.88, a P/E/G ratio of 3.03 and a beta of 0.89. The TJX Companies, Inc. has a one year low of $87.44 and a one year 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. The company has a 50 day simple moving average of $116.42 and a 200 day simple moving average of $112.04.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The firm had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. During the same period last year, the company earned $1.03 earnings per share. The company’s revenue was up 6.0% on a year-over-year basis. Equities analysts expect that The TJX Companies, Inc. will post 4.14 EPS for the current fiscal year.

TJX Companies Announces Dividend

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 given a $0.375 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $1.50 annualized dividend and a yield of 1.28%. TJX Companies’s dividend payout ratio is currently 36.23%.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 15,000 shares of the stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the completion of the transaction, the chief executive officer now owns 536,148 shares in the company, valued at approximately $63,018,835.92. This represents a 2.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday, September 15th. 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. BMO Capital Markets increased their price objective on TJX Companies from $116.00 to $133.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. Morgan Stanley lifted their target price on shares of TJX Companies from $122.00 to $129.00 and gave the company an “overweight” rating in a research note on Thursday, August 22nd. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $134.00 target price on shares of TJX Companies in a research report on Wednesday, November 13th. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.