Chatham Capital Group Inc. Increases Position in The TJX Companies, Inc. (NYSE:TJX)

Chatham Capital Group Inc. increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 101.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,150 shares of the apparel and home fashions retailer’s stock after buying an additional 7,648 shares during the quarter. Chatham Capital Group Inc.’s holdings in TJX Companies were worth $1,537,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in TJX. Frazier Financial Advisors LLC purchased a new stake in shares of TJX Companies during the fourth quarter valued at $27,000. Anchor Investment Management LLC acquired a new position in TJX Companies during the fourth quarter valued at $28,000. BKM Wealth Management LLC acquired a new position in TJX Companies during the fourth quarter valued at $30,000. Register Financial Advisors LLC acquired a new position in TJX Companies during the first quarter valued at $37,000. Finally, Sachetta LLC acquired a new position in TJX Companies during the fourth quarter valued at $38,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at TJX Companies

In other news, Director Amy B. Lane sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $102.07, for a total transaction of $153,105.00. Following the completion of the sale, the director now owns 23,470 shares in the company, valued at approximately $2,395,582.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Louise Greenlees sold 8,171 shares of TJX Companies stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $101.73, for a total value of $831,235.83. Following the completion of the sale, the executive vice president now owns 49,570 shares in the company, valued at approximately $5,042,756.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Amy B. Lane sold 1,500 shares of TJX Companies stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $102.07, for a total transaction of $153,105.00. Following the completion of the sale, the director now owns 23,470 shares of the company’s stock, valued at approximately $2,395,582.90. The disclosure for this sale can be found here. Insiders sold 50,003 shares of company stock worth $5,060,941 in the last 90 days. Insiders own 0.13% of the company’s stock.

TJX Companies Price Performance

Shares of TJX stock traded down $0.45 on Friday, reaching $110.10. 12,781,419 shares of the company were exchanged, compared to its average volume of 6,462,926. The TJX Companies, Inc. has a 1 year low of $82.25 and a 1 year high of $111.79. The company has a market cap of $124.43 billion, a price-to-earnings ratio of 27.32, a P/E/G ratio of 2.94 and a beta of 0.87. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.61 and a current ratio of 1.23. The business has a 50-day moving average price of $102.48 and a 200 day moving average price of $98.30.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, May 22nd. The apparel and home fashions retailer reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.06. TJX Companies had a net margin of 8.47% and a return on equity of 64.26%. The company had revenue of $12.48 billion during the quarter, compared to analysts’ expectations of $12.48 billion. During the same quarter in the prior year, the company earned $0.76 EPS. TJX Companies’s revenue was up 5.9% compared to the same quarter last year. Equities research analysts forecast that The TJX Companies, Inc. will post 4.09 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 5th. Stockholders of record on Thursday, August 15th will be paid a $0.375 dividend. The ex-dividend date is Thursday, August 15th. This represents a $1.50 annualized dividend and a dividend yield of 1.36%. TJX Companies’s dividend payout ratio (DPR) is 37.22%.

Analyst Ratings Changes

A number of research analysts recently issued reports on TJX shares. Robert W. Baird boosted their target price on shares of TJX Companies from $110.00 to $113.00 and gave the company an “outperform” rating in a research report on Thursday, May 23rd. Deutsche Bank Aktiengesellschaft set a $114.00 target price on shares of TJX Companies in a research report on Tuesday, May 21st. Telsey Advisory Group boosted their target price on shares of TJX Companies from $112.00 to $115.00 and gave the company an “outperform” rating in a research report on Thursday, May 23rd. UBS Group upped their price objective on shares of TJX Companies from $132.00 to $134.00 and gave the stock a “buy” rating in a research report on Thursday, May 23rd. Finally, TD Cowen upped their price objective on shares of TJX Companies from $119.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, May 17th. Two investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, TJX Companies presently has an average rating of “Moderate Buy” and a consensus target price of $110.39.

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.