Sapient Capital LLC Purchases 1,763 Shares of The TJX Companies, Inc. (NYSE:TJX)

Sapient Capital LLC raised its position in The TJX Companies, Inc. (NYSE:TJX) by 1.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 132,083 shares of the apparel and home fashions retailer’s stock after buying an additional 1,763 shares during the quarter. Sapient Capital LLC’s holdings in TJX Companies were worth $15,957,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in TJX. Trivant Custom Portfolio Group LLC acquired a new position in TJX Companies during the fourth quarter valued at approximately $26,000. Capital Performance Advisors LLP bought a new position in shares of TJX Companies in the 3rd quarter valued at $29,000. Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies during the 3rd quarter worth $30,000. Truvestments Capital LLC bought a new stake in shares of TJX Companies during the 3rd quarter worth $29,000. Finally, SOA Wealth Advisors LLC. acquired a new stake in TJX Companies in the fourth quarter valued at about $30,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Morgan Stanley boosted their target price on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft upped their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Wells Fargo & Company boosted their target price on shares of TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday, January 10th. UBS Group upped their price target on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $134.00 price objective on shares of TJX Companies in a report on Friday, December 6th. Two investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, TJX Companies currently has a consensus rating of “Moderate Buy” and an average target price of $133.53.

TJX Companies Price Performance

TJX Companies stock opened at $124.92 on Tuesday. The firm has a market cap of $140.43 billion, a P/E ratio of 29.39, a P/E/G ratio of 2.82 and a beta of 0.91. The stock’s 50 day moving average is $123.25 and its 200 day moving average is $118.76. 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 TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The firm had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $13.95 billion. During the same quarter in the previous year, the company earned $1.03 EPS. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. As a group, research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.20%. TJX Companies’s payout ratio is currently 35.29%.

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.