Natixis Advisors LLC Purchases 47,060 Shares of The TJX Companies, Inc. (NYSE:TJX)

Natixis Advisors LLC boosted its position in The TJX Companies, Inc. (NYSE:TJX) by 3.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,276,467 shares of the apparel and home fashions retailer’s stock after acquiring an additional 47,060 shares during the quarter. Natixis Advisors LLC’s holdings in TJX Companies were worth $150,036,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the company. Richard W. Paul & Associates LLC acquired a new stake in TJX Companies in the 2nd quarter worth $25,000. Capital Performance Advisors LLP acquired a new position in shares of TJX Companies in the third quarter valued at $29,000. Copeland Capital Management LLC bought a new position in TJX Companies in the third quarter worth $30,000. New Millennium Group LLC acquired a new stake in TJX Companies during the second quarter worth $34,000. Finally, Anfield Capital Management LLC acquired a new position in TJX Companies in the second quarter worth about $37,000. Institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on TJX shares. Robert W. Baird lifted their price objective on TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a report on Thursday, August 22nd. Jefferies Financial Group raised their price objective on shares of TJX Companies from $130.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. TD Cowen boosted their target price on TJX Companies from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Friday. Evercore ISI lifted their price target on TJX Companies from $115.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, August 19th. Finally, Wells Fargo & Company increased their price objective on shares of TJX Companies from $100.00 to $115.00 and gave the stock an “equal weight” rating in a report on Thursday, August 22nd. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, TJX Companies currently has an average rating of “Moderate Buy” and a consensus price target of $127.41.

TJX Companies Stock Performance

TJX stock opened at $119.97 on Friday. The TJX Companies, Inc. has a twelve month low of $87.26 and a twelve month high of $122.10. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.37. The company has a market cap of $135.31 billion, a P/E ratio of 28.98, a price-to-earnings-growth ratio of 3.03 and a beta of 0.89. The business’s fifty day moving average is $116.33 and its 200-day moving average is $111.44.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.04. The firm had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.31 billion. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 earnings per share. Equities research analysts forecast that The TJX Companies, Inc. will post 4.14 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.25%. The ex-dividend date is Thursday, November 14th. TJX Companies’s payout ratio is presently 36.23%.

Insiders Place Their Bets

In other news, CEO Ernie Herrman sold 15,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total value of $1,763,100.00. Following the completion of the transaction, 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.13% of the company’s stock.

About TJX Companies

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.