Lindbrook Capital LLC Purchases 96 Shares of The TJX Companies, Inc. (NYSE:TJX)

Lindbrook Capital LLC grew its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 5,569 shares of the apparel and home fashions retailer’s stock after acquiring an additional 96 shares during the quarter. Lindbrook Capital LLC’s holdings in TJX Companies were worth $655,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of TJX Companies by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 97,476,558 shares of the apparel and home fashions retailer’s stock valued at $9,886,073,000 after acquiring an additional 1,269,792 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of TJX Companies by 2.7% in the 1st quarter. Janus Henderson Group PLC now owns 13,226,465 shares of the apparel and home fashions retailer’s stock valued at $1,341,392,000 after purchasing an additional 346,938 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in TJX Companies by 35.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,317,452 shares of the apparel and home fashions retailer’s stock valued at $1,249,237,000 after buying an additional 3,255,849 shares during the period. Ameriprise Financial Inc. lifted 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 buying an additional 3,063,318 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in TJX Companies by 11.8% during the second quarter. Dimensional Fund Advisors LP now owns 6,265,171 shares of the apparel and home fashions retailer’s stock worth $689,812,000 after buying an additional 662,681 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Up 0.8 %

Shares of TJX opened at $117.83 on Friday. The stock has a 50 day moving average price of $116.07 and a 200 day moving average price of $110.60. The TJX Companies, Inc. has a one year low of $87.26 and a one year high of $121.13. 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 $132.90 billion, a price-to-earnings ratio of 28.46, a PEG ratio of 2.98 and a beta of 0.89.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.04. The business had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.31 billion. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The business’s revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.85 earnings per share. Equities research analysts forecast that The TJX Companies, Inc. will post 4.15 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Thursday, November 14th. This represents a $1.50 annualized dividend and a yield of 1.27%. TJX Companies’s dividend payout ratio (DPR) is 36.23%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Evercore ISI increased their target price on shares of TJX Companies from $115.00 to $126.00 and gave the company an “outperform” rating in a research note on Monday, August 19th. Citigroup lowered 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 report on Thursday, August 22nd. Bank of America boosted their target price on TJX Companies from $115.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. TD Cowen increased their price target on TJX Companies from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Finally, Jefferies Financial Group raised their price target on TJX Companies from $130.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat, TJX Companies has a consensus rating of “Moderate Buy” and a consensus target price of $126.76.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the completion of the sale, the chief executive officer now directly owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.13% of the company’s stock.

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.