610 Shares in The TJX Companies, Inc. (NYSE:TJX) Acquired by Kohmann Bosshard Financial Services LLC

Kohmann Bosshard Financial Services LLC purchased a new stake in The TJX Companies, Inc. (NYSE:TJX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 610 shares of the apparel and home fashions retailer’s stock, valued at approximately $74,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Provident Trust Co. boosted its stake in TJX Companies by 71.3% in the 4th quarter. Provident Trust Co. now owns 2,723,149 shares of the apparel and home fashions retailer’s stock worth $328,984,000 after purchasing an additional 1,133,486 shares during the period. Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of TJX Companies by 161.3% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer’s stock valued at $210,003,000 after purchasing an additional 1,102,912 shares in the last quarter. Capital Wealth Planning LLC boosted its position in shares of TJX Companies by 39.1% during the fourth quarter. Capital Wealth Planning LLC now owns 3,658,245 shares of the apparel and home fashions retailer’s stock worth $441,953,000 after buying an additional 1,027,456 shares during the period. Robeco Institutional Asset Management B.V. raised its position in TJX Companies by 281.6% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,235,037 shares of the apparel and home fashions retailer’s stock valued at $145,166,000 after buying an additional 911,351 shares during the last quarter. Finally, Canoe Financial LP lifted its stake in TJX Companies by 564.0% in the 4th quarter. Canoe Financial LP now owns 1,064,217 shares of the apparel and home fashions retailer’s stock valued at $128,568,000 after acquiring an additional 903,939 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Jefferies Financial Group raised their price target on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Wells Fargo & Company lifted their price target on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. StockNews.com cut shares of TJX Companies from a “buy” rating to a “hold” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft raised their price objective on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Finally, Barclays upped their target price on TJX Companies from $136.00 to $137.00 and gave the stock an “overweight” rating in a report on Thursday. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.06.

Insider Activity

In related news, Director Alan M. Bennett sold 8,000 shares of the business’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total value of $988,240.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.13% of the stock is owned by company insiders.

TJX Companies Stock Up 1.1 %

TJX opened at $124.79 on Monday. The stock’s fifty day simple moving average is $122.98 and its 200 day simple moving average is $120.09. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $128.00. The stock has a market cap of $140.28 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.07. The company 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%. As a group, research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio is presently 35.21%.

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.