XTX Topco Ltd Has $1.33 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

XTX Topco Ltd raised its position in The TJX Companies, Inc. (NYSE:TJX) by 155.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,061 shares of the apparel and home fashions retailer’s stock after purchasing an additional 7,347 shares during the quarter. XTX Topco Ltd’s holdings in TJX Companies were worth $1,328,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Richard W. Paul & Associates LLC bought a new stake in TJX Companies in the 2nd quarter valued at approximately $25,000. Valued Wealth Advisors LLC raised its holdings in shares of TJX Companies by 260.3% in the first quarter. Valued Wealth Advisors LLC now owns 245 shares of the apparel and home fashions retailer’s stock valued at $25,000 after purchasing an additional 177 shares during the last quarter. Frazier Financial Advisors LLC bought a new stake in shares of TJX Companies in the fourth quarter worth $27,000. New Millennium Group LLC acquired a new position in TJX Companies during the second quarter worth $34,000. Finally, OFI Invest Asset Management bought a new position in TJX Companies in the first quarter valued at $30,000. 91.09% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Ernie Herrman sold 15,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total value of $1,763,100.00. Following the completion of the transaction, the chief executive officer now owns 536,148 shares of the company’s stock, valued at $63,018,835.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Trading Down 0.3 %

Shares of TJX Companies stock opened at $117.90 on Friday. The TJX Companies, Inc. has a 52-week low of $86.71 and a 52-week high of $121.13. The stock has a market cap of $133.24 billion, a PE ratio of 29.26, a PEG ratio of 3.02 and a beta of 0.89. The firm has a 50-day moving average of $114.83 and a 200-day moving average of $106.15. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21.

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

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be issued a $0.375 dividend. 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 is presently 37.22%.

Analyst Upgrades and Downgrades

TJX has been the subject of a number of recent research reports. Morgan Stanley increased their price objective on shares of TJX Companies from $122.00 to $129.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday, September 15th. Bank of America boosted their price target on TJX Companies from $115.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. UBS Group increased their price objective on TJX Companies from $134.00 to $148.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Finally, TD Cowen upped their price target on shares of TJX Companies from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price 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.