Unigestion Holding SA Purchases New Position in The TJX Companies, Inc. (NYSE:TJX)

Unigestion Holding SA purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 193,153 shares of the apparel and home fashions retailer’s stock, valued at approximately $22,684,000.

Other large investors have also added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its position in TJX Companies by 33.4% in the second quarter. Ameriprise Financial Inc. now owns 12,241,176 shares of the apparel and home fashions retailer’s stock worth $1,347,934,000 after purchasing an additional 3,063,318 shares during the last quarter. Capital Wealth Planning LLC purchased a new stake in shares of TJX Companies during the 2nd quarter valued at about $315,698,000. Los Angeles Capital Management LLC lifted its holdings in shares of TJX Companies by 80.6% in the 2nd quarter. Los Angeles Capital Management LLC now owns 2,943,176 shares of the apparel and home fashions retailer’s stock valued at $324,044,000 after acquiring an additional 1,313,517 shares during the last quarter. International Assets Investment Management LLC grew its position in TJX Companies by 13,309.4% in the third quarter. International Assets Investment Management LLC now owns 1,191,155 shares of the apparel and home fashions retailer’s stock worth $140,008,000 after acquiring an additional 1,182,272 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec increased its stake in TJX Companies by 161.3% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer’s stock worth $210,003,000 after acquiring an additional 1,102,912 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Up 1.0 %

Shares of NYSE:TJX opened at $127.20 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The business’s fifty day simple moving average is $118.26 and its 200-day simple moving average is $114.58. The TJX Companies, Inc. has a 12-month low of $88.58 and a 12-month high of $128.00. The company has a market capitalization of $142.99 billion, a PE ratio of 29.93, a P/E/G ratio of 3.10 and a beta of 0.90.

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 for the quarter, beating 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 analyst estimates of $13.95 billion. During the same period last year, the company posted $1.03 EPS. TJX Companies’s quarterly revenue was up 6.0% compared to the same quarter last year. As a group, equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio is currently 35.29%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Morgan Stanley lifted their target price on TJX Companies from $122.00 to $129.00 and gave the stock an “overweight” rating in a report on Thursday, August 22nd. Robert W. Baird boosted their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Citigroup lowered shares of TJX Companies from a “buy” rating to a “neutral” rating and raised their target price for the stock from $110.00 to $128.00 in a report on Thursday, August 22nd. TD Cowen lifted their price target on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Finally, StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $130.89.

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.