Callan Family Office LLC Has $1.09 Million Stock Position in The TJX Companies, Inc. (NYSE:TJX)

Callan Family Office LLC increased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 267.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,036 shares of the apparel and home fashions retailer’s stock after acquiring an additional 6,576 shares during the quarter. Callan Family Office LLC’s holdings in TJX Companies were worth $1,092,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. EagleClaw Capital Managment LLC raised its position in TJX Companies by 0.7% during the fourth quarter. EagleClaw Capital Managment LLC now owns 67,605 shares of the apparel and home fashions retailer’s stock valued at $8,167,000 after buying an additional 450 shares during the period. Hartford Funds Management Co LLC grew its stake in TJX Companies by 6.9% during the 4th quarter. Hartford Funds Management Co LLC now owns 19,159 shares of the apparel and home fashions retailer’s stock valued at $2,315,000 after acquiring an additional 1,233 shares in the last quarter. Chatham Capital Group Inc. increased its holdings in shares of TJX Companies by 0.6% in the 4th quarter. Chatham Capital Group Inc. now owns 29,814 shares of the apparel and home fashions retailer’s stock valued at $3,602,000 after purchasing an additional 165 shares during the period. E Fund Management Co. Ltd. lifted its position in shares of TJX Companies by 21.7% in the fourth quarter. E Fund Management Co. Ltd. now owns 7,772 shares of the apparel and home fashions retailer’s stock worth $939,000 after purchasing an additional 1,388 shares in the last quarter. Finally, Candriam S.C.A. boosted its holdings in shares of TJX Companies by 15.2% during the fourth quarter. Candriam S.C.A. now owns 646,231 shares of the apparel and home fashions retailer’s stock worth $78,071,000 after purchasing an additional 85,334 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

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. Also, CEO Ernie Herrman sold 23,428 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total value of $2,882,346.84. Following the completion of the sale, the chief executive officer now directly owns 484,189 shares of the company’s stock, valued at $59,569,772.67. This represents a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.13% of the stock is owned by corporate insiders.

TJX Companies Trading Down 1.2 %

Shares of TJX stock opened at $119.18 on Friday. The business’s 50 day moving average is $122.77 and its two-hundred day moving average is $120.36. 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 company has a market cap of $133.98 billion, a PE ratio of 28.04, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96.

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

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Thursday, February 13th were given a dividend of $0.375 per share. The ex-dividend date was Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.26%. TJX Companies’s dividend payout ratio is presently 35.21%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TJX. Telsey Advisory Group reiterated an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a research note on Thursday, February 27th. Barclays boosted their price target on shares of TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, February 27th. Evercore ISI increased their price objective on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft boosted their target price on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Finally, StockNews.com lowered TJX Companies from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. Three investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $135.06.

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.