Little House Capital LLC Buys 1,649 Shares of The TJX Companies, Inc. (NYSE:TJX)

Little House Capital LLC increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 12.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,856 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,649 shares during the quarter. Little House Capital LLC’s holdings in TJX Companies were worth $1,746,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TJX. Marino Stram & Associates LLC raised its stake in shares of TJX Companies by 5.1% in the third quarter. Marino Stram & Associates LLC now owns 2,364 shares of the apparel and home fashions retailer’s stock worth $278,000 after purchasing an additional 114 shares during the last quarter. Castleview Partners LLC grew its holdings in TJX Companies by 2.1% in the third quarter. Castleview Partners LLC now owns 4,593 shares of the apparel and home fashions retailer’s stock valued at $540,000 after purchasing an additional 96 shares during the period. Suncoast Equity Management grew its holdings in TJX Companies by 0.9% in the third quarter. Suncoast Equity Management now owns 35,754 shares of the apparel and home fashions retailer’s stock valued at $4,202,000 after purchasing an additional 320 shares during the period. Prio Wealth Limited Partnership lifted its position in shares of TJX Companies by 1.2% in the third quarter. Prio Wealth Limited Partnership now owns 111,838 shares of the apparel and home fashions retailer’s stock valued at $13,145,000 after acquiring an additional 1,365 shares in the last quarter. Finally, Buckley Wealth Management LLC lifted its position in shares of TJX Companies by 2.8% in the third quarter. Buckley Wealth Management LLC now owns 19,547 shares of the apparel and home fashions retailer’s stock valued at $2,298,000 after acquiring an additional 529 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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 shares were sold at an average price of $117.54, for a total transaction 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 approximately $63,018,835.92. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on TJX. TD Cowen lifted their target price on TJX Companies from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday, September 15th. Barclays increased their price objective on TJX Companies from $114.00 to $136.00 and gave the company an “overweight” rating in a report on Thursday, August 22nd. Bank of America upped their target price on TJX Companies from $115.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Finally, Evercore ISI increased their price objective on TJX Companies from $115.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, August 19th. Three investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat, TJX Companies currently has a consensus rating of “Moderate Buy” and an average price target of $126.76.

TJX Companies Trading Down 1.8 %

Shares of NYSE TJX traded down $2.11 during midday trading on Monday, reaching $115.60. 2,888,087 shares of the stock were exchanged, compared to its average volume of 5,282,272. The TJX Companies, Inc. has a 12 month low of $86.92 and a 12 month high of $121.13. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.21 and a quick ratio of 0.60. The business has a 50-day simple moving average of $116.40 and a two-hundred day simple moving average of $108.74. The company has a market capitalization 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.

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

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies’s dividend payout ratio (DPR) is presently 36.23%.

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.