NBT Bank N A NY Purchases 399 Shares of The TJX Companies, Inc. (NYSE:TJX)

NBT Bank N A NY increased its position in shares of The TJX Companies, Inc. (NYSE:TJX – Get Rating) by 0.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 69,049 shares of the apparel and home fashions retailer’s stock after acquiring an additional 399 shares during the period. NBT Bank N A NY’s holdings in TJX Companies were worth $5,496,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Forum Financial Management LP grew its position in shares of TJX Companies by 4.6% in the 4th quarter. Forum Financial Management LP now owns 4,650 shares of the apparel and home fashions retailer’s stock valued at $370,000 after buying an additional 205 shares during the last quarter. MQS Management LLC bought a new stake in shares of TJX Companies in the 3rd quarter valued at about $242,000. Ronald Blue Trust Inc. grew its position in shares of TJX Companies by 199.1% in the 4th quarter. Ronald Blue Trust Inc. now owns 26,207 shares of the apparel and home fashions retailer’s stock valued at $1,628,000 after buying an additional 17,445 shares during the last quarter. Signaturefd LLC grew its position in shares of TJX Companies by 17.0% in the 4th quarter. Signaturefd LLC now owns 19,336 shares of the apparel and home fashions retailer’s stock valued at $1,539,000 after buying an additional 2,814 shares during the last quarter. Finally, Aaron Wealth Advisors LLC grew its position in shares of TJX Companies by 144.8% in the 4th quarter. Aaron Wealth Advisors LLC now owns 8,326 shares of the apparel and home fashions retailer’s stock valued at $663,000 after buying an additional 4,925 shares during the last quarter. Institutional investors own 91.30% of the company’s stock.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, EVP Scott Goldenberg sold 26,271 shares of the firm’s stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $78.91, for a total transaction of $2,073,044.61. Following the sale, the executive vice president now owns 72,580 shares in the company, valued at $5,727,287.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.19% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX stock traded up $1.06 during trading on Friday, hitting $77.00. The company’s stock had a trading volume of 2,394,002 shares, compared to its average volume of 5,062,521. The company has a market cap of $88.66 billion, a PE ratio of 23.37, a P/E/G ratio of 2.06 and a beta of 0.91. The company has a current ratio of 1.20, a quick ratio of 0.58 and a debt-to-equity ratio of 0.45. The business has a fifty day moving average of $77.62 and a 200-day moving average of $78.40. The TJX Companies, Inc. has a 52 week low of $54.55 and a 52 week high of $83.13.

TJX Companies (NYSE:TJX – Get Rating) last released its earnings results on Wednesday, May 17th. The apparel and home fashions retailer reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.05. TJX Companies had a return on equity of 62.78% and a net margin of 7.56%. The company had revenue of $11.78 billion during the quarter, compared to analyst estimates of $11.82 billion. During the same period in the prior year, the company posted $0.68 earnings per share. TJX Companies’s quarterly revenue was up 3.3% on a year-over-year basis. As a group, research analysts anticipate that The TJX Companies, Inc. will post 3.55 earnings per share for the current year.

TJX Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 1st. Shareholders of record on Thursday, May 11th will be given a dividend of $0.3325 per share. This is an increase from TJX Companies’s previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, May 10th. This represents a $1.33 dividend on an annualized basis and a yield of 1.73%. TJX Companies’s dividend payout ratio (DPR) is presently 40.92%.

Wall Street Analyst Weigh In

A number of research firms have commented on TJX. Credit Suisse Group upped their price target on TJX Companies from $85.00 to $89.00 and gave the company an “outperform” rating in a research report on Thursday, February 23rd. Telsey Advisory Group reissued an “outperform” rating and issued a $95.00 price objective on shares of TJX Companies in a research note on Thursday, February 23rd. Robert W. Baird boosted their price objective on TJX Companies from $88.00 to $90.00 and gave the company an “outperform” rating in a research note on Thursday, February 23rd. StockNews.com assumed coverage on TJX Companies in a research note on Thursday, May 18th. They issued a “buy” rating on the stock. Finally, Barclays boosted their price objective on TJX Companies from $93.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, May 18th. Two research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, TJX Companies has an average rating of “Moderate Buy” and a consensus target price of $86.40.

TJX Companies Company Profile

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The TJX Cos., Inc engages in the retail of apparel and home fashion products. It operates through the following business segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. The HomeGoods segment offers an assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop and cookware as well as expanded pet, kids, and gourmet food departments.