Thompson Siegel & Walmsley LLC Has $7.25 Million Stock Position in The TJX Companies, Inc. (NYSE:TJX)

Thompson Siegel & Walmsley LLC lessened its stake in The TJX Companies, Inc. (NYSE:TJX) by 0.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,694 shares of the apparel and home fashions retailer’s stock after selling 141 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in TJX Companies were worth $7,252,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of TJX. LPL Financial LLC raised its stake in shares of TJX Companies by 3.9% during the 3rd quarter. LPL Financial LLC now owns 875,211 shares of the apparel and home fashions retailer’s stock valued at $102,872,000 after purchasing an additional 32,806 shares during the period. Intech Investment Management LLC boosted its holdings in shares of TJX Companies by 16.6% in the 3rd quarter. Intech Investment Management LLC now owns 45,386 shares of the apparel and home fashions retailer’s stock worth $5,335,000 after purchasing an additional 6,477 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in shares of TJX Companies by 2.6% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 2,279,090 shares of the apparel and home fashions retailer’s stock worth $267,884,000 after acquiring an additional 56,677 shares in the last quarter. King Luther Capital Management Corp raised its position in TJX Companies by 12.3% in the 3rd quarter. King Luther Capital Management Corp now owns 46,903 shares of the apparel and home fashions retailer’s stock worth $5,513,000 after purchasing an additional 5,132 shares during the period. Finally, Cornerstone Advisors LLC lifted its stake in shares of TJX Companies by 5.2% in the 3rd quarter. Cornerstone Advisors LLC now owns 56,300 shares of the apparel and home fashions retailer’s stock valued at $6,618,000 after acquiring an additional 2,800 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TJX. Jefferies Financial Group increased their price target on shares of TJX Companies from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Telsey Advisory Group reissued an “outperform” rating and issued a $134.00 price target on shares of TJX Companies in a research note on Wednesday. Bank of America lifted their price objective on TJX Companies from $115.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Evercore ISI boosted their price objective on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Wells Fargo & Company raised their price target on TJX Companies from $100.00 to $115.00 and gave the company an “equal weight” rating in a report on Thursday, August 22nd. Three equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat, TJX Companies has an average rating of “Moderate Buy” and an average target price of $129.35.

Insider Activity

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

TJX Companies Stock Up 0.0 %

TJX opened at $119.77 on Friday. The TJX Companies, Inc. has a fifty-two week low of $87.44 and a fifty-two week high of $122.10. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21. The stock has a market capitalization of $135.08 billion, a price-to-earnings ratio of 28.18, a PEG ratio of 3.03 and a beta of 0.89. The company has a fifty day moving average of $116.49 and a two-hundred day moving average of $112.14.

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

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies’s dividend payout ratio is presently 35.29%.

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.