The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Machina Capital S.A.S.

Machina Capital S.A.S. lifted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 98.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,199 shares of the apparel and home fashions retailer’s stock after purchasing an additional 8,020 shares during the quarter. TJX Companies comprises about 0.8% of Machina Capital S.A.S.’s investment portfolio, making the stock its 18th biggest position. Machina Capital S.A.S.’s holdings in TJX Companies were worth $1,957,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bogart Wealth LLC acquired a new position in TJX Companies in the fourth quarter valued at $25,000. Trivant Custom Portfolio Group LLC acquired a new position in TJX Companies in the fourth quarter valued at $26,000. Capital Performance Advisors LLP acquired a new position in TJX Companies in the third quarter valued at $29,000. Truvestments Capital LLC acquired a new position in TJX Companies in the third quarter valued at $29,000. Finally, Legacy Investment Solutions LLC acquired a new position in TJX Companies in the third quarter valued at $30,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Down 1.2 %

Shares of TJX Companies stock opened at $119.18 on Friday. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The firm has a market cap of $133.98 billion, a P/E ratio of 28.04, a P/E/G ratio of 2.75 and a beta of 0.96. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The business has a 50-day moving average price of $122.77 and a 200 day moving average price of $120.32.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.07. The firm had revenue of $16.35 billion during the quarter, compared to analyst estimates of $16.24 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. On average, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Thursday, February 13th were issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Thursday, February 13th. TJX Companies’s dividend payout ratio is currently 35.21%.

Insider Activity at TJX Companies

In other TJX Companies news, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total value of $988,240.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 23,428 shares of TJX Companies stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total value of $2,882,346.84. Following the completion of the transaction, the chief executive officer now owns 484,189 shares of the company’s stock, valued at approximately $59,569,772.67. The trade was a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on TJX shares. StockNews.com cut TJX Companies from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. Guggenheim raised their price objective on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Morgan Stanley raised their price objective on TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Telsey Advisory Group reissued an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a research report on Thursday, February 27th. Finally, Evercore ISI raised their price objective on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $135.06.

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.