Little House Capital LLC Raises Holdings in The TJX Companies, Inc. (NYSE:TJX)

Little House Capital LLC boosted its position in The TJX Companies, Inc. (NYSE:TJX) by 12.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 14,856 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,649 shares during the period. Little House Capital LLC’s holdings in TJX Companies were worth $1,746,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Stablepoint Partners LLC raised its stake in shares of TJX Companies by 0.3% during the 3rd quarter. Stablepoint Partners LLC now owns 26,922 shares of the apparel and home fashions retailer’s stock worth $3,164,000 after buying an additional 89 shares during the period. Dearborn Partners LLC grew its holdings in shares of TJX Companies by 4.0% during the 2nd quarter. Dearborn Partners LLC now owns 2,359 shares of the apparel and home fashions retailer’s stock worth $260,000 after purchasing an additional 90 shares during the period. Concorde Asset Management LLC grew its position in TJX Companies by 2.8% in the 2nd quarter. Concorde Asset Management LLC now owns 3,330 shares of the apparel and home fashions retailer’s stock valued at $367,000 after acquiring an additional 90 shares in the last quarter. Sound Income Strategies LLC grew its position in shares of TJX Companies by 3.8% during the third quarter. Sound Income Strategies LLC now owns 2,507 shares of the apparel and home fashions retailer’s stock worth $295,000 after buying an additional 91 shares in the last quarter. Finally, Wambolt & Associates LLC lifted its stake in TJX Companies by 1.4% during the second quarter. Wambolt & Associates LLC now owns 6,791 shares of the apparel and home fashions retailer’s stock worth $751,000 after purchasing an additional 94 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insider Buying and Selling

In related news, CEO Ernie Herrman sold 15,000 shares of the business’s stock in a transaction that occurred on 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 sale, the chief executive officer now owns 536,148 shares of the company’s stock, valued at $63,018,835.92. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.13% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX Companies stock traded down $2.11 on Monday, hitting $115.60. The stock had a trading volume of 2,888,087 shares, compared to its average volume of 5,282,272. The company’s 50 day moving average price is $116.40 and its 200 day moving average price is $108.74. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 0.37. The stock has a market cap of $130.38 billion, a price-to-earnings ratio of 28.43, a P/E/G ratio of 2.97 and a beta of 0.89. The TJX Companies, Inc. has a 52-week low of $86.92 and a 52-week high of $121.13.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The business had revenue of $13.47 billion for 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%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.85 EPS. On average, research analysts anticipate that The TJX Companies, Inc. will post 4.15 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders 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 dividend yield of 1.30%. TJX Companies’s dividend payout ratio is presently 36.23%.

Wall Street Analyst Weigh In

Several analysts have weighed in on TJX shares. BMO Capital Markets upped their target price on TJX Companies from $116.00 to $133.00 and gave the company an “outperform” rating in a report on Thursday, August 22nd. Jefferies Financial Group raised their price objective on TJX Companies from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Bank of America raised their price target on TJX Companies from $115.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday, September 15th. Finally, Evercore ISI lifted 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. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus 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.