The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC grew its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 10.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 23,910 shares of the apparel and home fashions retailer’s stock after acquiring an additional 2,205 shares during the period. Fidelis Capital Partners LLC’s holdings in TJX Companies were worth $2,972,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of TJX. DJE Kapital AG acquired a new position in shares of TJX Companies in the 4th quarter valued at $140,068,000. Plato Investment Management Ltd lifted its stake in TJX Companies by 17.4% during the fourth quarter. Plato Investment Management Ltd now owns 44,626 shares of the apparel and home fashions retailer’s stock valued at $5,411,000 after buying an additional 6,611 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of TJX Companies in the fourth quarter worth about $89,000. Jones Financial Companies Lllp increased its position in shares of TJX Companies by 10.0% in the fourth quarter. Jones Financial Companies Lllp now owns 304,944 shares of the apparel and home fashions retailer’s stock worth $36,840,000 after acquiring an additional 27,672 shares in the last quarter. Finally, Modera Wealth Management LLC increased its position in shares of TJX Companies by 22.6% in the fourth quarter. Modera Wealth Management LLC now owns 12,143 shares of the apparel and home fashions retailer’s stock worth $1,467,000 after acquiring an additional 2,236 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at TJX Companies

In other TJX Companies news, Director Alan M. Bennett sold 8,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.13% of the stock is owned by company insiders.

TJX Companies Stock Performance

TJX stock opened at $124.79 on Monday. The firm has a 50 day moving average of $122.98 and a two-hundred day moving average of $120.09. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The company has a market capitalization of $140.28 billion, a price-to-earnings ratio of 29.36, a P/E/G ratio of 2.75 and a beta of 0.91. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.07. The firm had revenue of $16.35 billion during the quarter, compared to analysts’ expectations of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. As a group, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio is 35.21%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. TD Cowen raised their price objective 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. Wells Fargo & Company increased their target price on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Guggenheim lifted their price target on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Telsey Advisory Group reissued an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $135.06.

TJX Companies Company 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.