BDF Gestion Has $5.56 Million Stake in The TJX Companies, Inc. (NYSE:TJX)

BDF Gestion lowered its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 24.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,046 shares of the apparel and home fashions retailer’s stock after selling 15,019 shares during the period. BDF Gestion’s holdings in TJX Companies were worth $5,563,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. First Affirmative Financial Network raised its stake in TJX Companies by 6.2% during the fourth quarter. First Affirmative Financial Network now owns 4,355 shares of the apparel and home fashions retailer’s stock worth $526,000 after acquiring an additional 253 shares in the last quarter. TLW Wealth Management LLC lifted its holdings in TJX Companies by 10.7% during the 4th quarter. TLW Wealth Management LLC now owns 74,245 shares of the apparel and home fashions retailer’s stock valued at $8,970,000 after purchasing an additional 7,182 shares during the last quarter. Invesco LLC boosted its position in TJX Companies by 5.6% in the fourth quarter. Invesco LLC now owns 5,934 shares of the apparel and home fashions retailer’s stock valued at $717,000 after buying an additional 315 shares in the last quarter. Swedbank AB grew its stake in TJX Companies by 4.1% during the fourth quarter. Swedbank AB now owns 1,265,098 shares of the apparel and home fashions retailer’s stock worth $152,836,000 after buying an additional 50,184 shares during the last quarter. Finally, Orrstown Financial Services Inc. increased its holdings in shares of TJX Companies by 3.4% during the fourth quarter. Orrstown Financial Services Inc. now owns 12,126 shares of the apparel and home fashions retailer’s stock worth $1,465,000 after buying an additional 400 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 0.2 %

TJX Companies stock opened at $124.11 on Thursday. The firm has a market capitalization of $139.52 billion, a price-to-earnings ratio of 29.20, a PEG ratio of 3.00 and a beta of 0.91. The company’s 50 day simple moving average is $123.04 and its 200 day simple moving average is $118.08. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.05. The company had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The firm’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 EPS. As a group, sell-side 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 $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.21%. TJX Companies’s dividend payout ratio is presently 35.29%.

Analysts Set New Price Targets

A number of research firms recently issued reports on TJX. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Deutsche Bank Aktiengesellschaft increased their price target on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. TD Cowen boosted their price objective on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Wells Fargo & Company increased their price objective on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. Finally, Robert W. Baird boosted their target price on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Three equities research 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, the stock currently has an average rating of “Moderate Buy” and an average price target of $131.67.

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.