The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC grew its holdings in The TJX Companies, Inc. (NYSE:TJX) by 1.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,843 shares of the apparel and home fashions retailer’s stock after acquiring an additional 135 shares during the period. Harbour Capital Advisors LLC’s holdings in TJX Companies were worth $1,578,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Running Oak Capital LLC grew its position in shares of TJX Companies by 10.9% during the first quarter. Running Oak Capital LLC now owns 111,987 shares of the apparel and home fashions retailer’s stock worth $11,358,000 after buying an additional 11,036 shares in the last quarter. New Mexico Educational Retirement Board lifted its position in shares of TJX Companies by 15.9% during the 1st quarter. New Mexico Educational Retirement Board now owns 69,380 shares of the apparel and home fashions retailer’s stock worth $7,037,000 after purchasing an additional 9,500 shares during the last quarter. Advisors Capital Management LLC grew its stake in shares of TJX Companies by 3.7% during the first quarter. Advisors Capital Management LLC now owns 572,324 shares of the apparel and home fashions retailer’s stock worth $58,045,000 after purchasing an additional 20,629 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in TJX Companies by 9.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 136,798 shares of the apparel and home fashions retailer’s stock valued at $13,874,000 after buying an additional 11,447 shares during the last quarter. Finally, Meyer Handelman Co. raised its stake in TJX Companies by 27.5% in the first quarter. Meyer Handelman Co. now owns 166,574 shares of the apparel and home fashions retailer’s stock valued at $16,894,000 after buying an additional 35,879 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.1 %

TJX stock opened at $117.48 on Friday. 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 $132.50 billion, a PE ratio of 28.38, a price-to-earnings-growth ratio of 2.91 and a beta of 0.89. The TJX Companies, Inc. has a one year low of $86.92 and a one year high of $121.13. The company has a fifty day moving average of $116.26 and a 200-day moving average of $108.48.

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 (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.04. The firm had revenue of $13.47 billion during the quarter, compared to analysts’ expectations of $13.31 billion. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. TJX Companies’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.85 earnings per share. As a group, analysts expect that The TJX Companies, Inc. will post 4.15 EPS for the current year.

TJX Companies Announces Dividend

The company 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 dividend of $0.375 per share. The ex-dividend date is Thursday, November 14th. This represents a $1.50 annualized dividend and a yield of 1.28%. TJX Companies’s dividend payout ratio is presently 36.23%.

Insider Transactions 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 transaction of $1,763,100.00. Following the completion of the transaction, the chief executive officer now owns 536,148 shares in the company, 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. Corporate insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TJX. Citigroup downgraded TJX Companies from a “buy” rating to a “neutral” rating and upped their price target for the company from $110.00 to $128.00 in a report on Thursday, August 22nd. Robert W. Baird increased their target price on shares of TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. UBS Group boosted their price target on shares of TJX Companies from $134.00 to $148.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $128.00 price objective on shares of TJX Companies in a report on Wednesday, August 21st. Finally, BMO Capital Markets lifted their target price on TJX Companies from $116.00 to $133.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, TJX Companies currently has an average rating of “Moderate Buy” and a consensus price target of $126.76.

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.