The TJX Companies, Inc. (NYSE:TJX) Stock Holdings Lifted by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,297,766 shares of the apparel and home fashions retailer’s stock after acquiring an additional 10,285 shares during the quarter. Bahl & Gaynor Inc.’s holdings in TJX Companies were worth $156,783,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of TJX Companies by 1.7% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,987 shares of the apparel and home fashions retailer’s stock valued at $603,000 after acquiring an additional 84 shares during the period. Nwam LLC grew its position in TJX Companies by 2.0% during the 4th quarter. Nwam LLC now owns 4,338 shares of the apparel and home fashions retailer’s stock worth $524,000 after purchasing an additional 84 shares in the last quarter. Hartford Funds Management Co LLC raised its stake in TJX Companies by 0.5% during the 3rd quarter. Hartford Funds Management Co LLC now owns 17,926 shares of the apparel and home fashions retailer’s stock valued at $2,107,000 after purchasing an additional 86 shares during the period. Signature Estate & Investment Advisors LLC lifted its holdings in shares of TJX Companies by 3.4% in the third quarter. Signature Estate & Investment Advisors LLC now owns 2,706 shares of the apparel and home fashions retailer’s stock valued at $318,000 after purchasing an additional 90 shares in the last quarter. Finally, Hamilton Capital LLC boosted its position in shares of TJX Companies by 3.9% in the third quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer’s stock worth $273,000 after buying an additional 90 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on TJX shares. UBS Group raised their price objective on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Morgan Stanley raised their price target on shares of TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Guggenheim upped their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Barclays increased their target price on shares of TJX Companies from $136.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, February 27th. Finally, Robert W. Baird boosted their price target on shares of TJX Companies from $138.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $135.06.

TJX Companies Trading Down 1.2 %

NYSE:TJX opened at $123.32 on Tuesday. The company’s 50 day moving average is $123.01 and its 200-day moving average is $120.18. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The firm has a market cap of $138.63 billion, a price-to-earnings ratio of 29.02, a P/E/G ratio of 2.75 and a beta of 0.91.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, topping the consensus estimate of $1.16 by $0.07. The firm had revenue of $16.35 billion for the quarter, compared to the consensus estimate of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. Equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.22%. TJX Companies’s dividend payout ratio is presently 35.21%.

Insider Activity at TJX Companies

In other news, Director Alan M. Bennett sold 8,000 shares of the company’s 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is owned by corporate insiders.

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.