2,150 Shares in The TJX Companies, Inc. (NYSE:TJX) Bought by Hudson Value Partners LLC

Hudson Value Partners LLC bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,150 shares of the apparel and home fashions retailer’s stock, valued at approximately $253,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of TJX. Richard W. Paul & Associates LLC bought a new stake in TJX Companies in the 2nd quarter valued at approximately $25,000. Copeland Capital Management LLC bought a new stake in shares of TJX Companies in the third quarter worth $30,000. New Millennium Group LLC acquired a new position in TJX Companies during the second quarter worth $34,000. Anfield Capital Management LLC bought a new position in TJX Companies in the second quarter valued at $37,000. Finally, Northwest Investment Counselors LLC acquired a new stake in TJX Companies in the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

TJX has been the subject of a number of recent research reports. Citigroup downgraded shares of TJX Companies from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $110.00 to $128.00 in a research note on Thursday, August 22nd. TD Cowen raised their price target on TJX Companies from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. UBS Group upped their price objective on TJX Companies from $134.00 to $148.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Morgan Stanley raised 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, Barclays upped their price target on shares of TJX Companies from $114.00 to $136.00 and gave the stock an “overweight” rating in a research report on Thursday, August 22nd. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $126.76.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of TJX Companies stock in a transaction dated 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 sale, the chief executive officer now owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.13% of the company’s stock.

TJX Companies Trading Up 1.1 %

NYSE TJX opened at $116.85 on Friday. 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 TJX Companies, Inc. has a 52 week low of $87.26 and a 52 week high of $121.13. The business has a 50 day moving average price of $116.07 and a 200-day moving average price of $110.39. The company has a market cap of $131.79 billion, a price-to-earnings ratio of 28.22, a P/E/G ratio of 2.92 and a beta of 0.89.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.04. The firm had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.31 billion. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. The business’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.85 earnings per share. As a group, equities analysts expect that The TJX Companies, Inc. will post 4.15 earnings per share 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. Shareholders of record on Thursday, November 14th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies’s dividend payout ratio (DPR) is presently 36.23%.

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.