Capital City Trust Co. FL Purchases 13,072 Shares of The TJX Companies, Inc. (NYSE:TJX)

Capital City Trust Co. FL increased its position in The TJX Companies, Inc. (NYSE:TJX) by 485.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,766 shares of the apparel and home fashions retailer’s stock after acquiring an additional 13,072 shares during the quarter. Capital City Trust Co. FL’s holdings in TJX Companies were worth $1,853,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TJX. Richard W. Paul & Associates LLC bought a new stake in shares of TJX Companies during the second quarter valued at approximately $25,000. Capital Performance Advisors LLP bought a new position in shares of TJX Companies during the 3rd quarter valued at about $29,000. Copeland Capital Management LLC purchased a new position in shares of TJX Companies during the third quarter valued at about $30,000. New Millennium Group LLC bought a new position in TJX Companies during the second quarter valued at approximately $34,000. Finally, Anfield Capital Management LLC purchased a new position in TJX Companies during the 2nd quarter valued at approximately $37,000. Institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

TJX has been the topic of a number of research reports. Citigroup downgraded shares of TJX Companies from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $110.00 to $128.00 in a report on Thursday, August 22nd. Loop Capital increased their price objective on shares of TJX Companies from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Jefferies Financial Group upped their target price on TJX Companies from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Robert W. Baird boosted their price objective on TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a report on Thursday, August 22nd. Finally, Morgan Stanley boosted their target price on shares of TJX Companies from $122.00 to $129.00 and gave the company an “overweight” rating in a research note on Thursday, August 22nd. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, TJX Companies currently has an average rating of “Moderate Buy” and a consensus price target of $127.41.

TJX Companies Stock Performance

Shares of TJX stock opened at $119.97 on Monday. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 0.37. The company has a market cap of $135.31 billion, a PE ratio of 28.98, a PEG ratio of 3.04 and a beta of 0.89. The TJX Companies, Inc. has a 12-month low of $87.26 and a 12-month high of $122.10. The business’s fifty day simple moving average is $116.33 and its 200-day simple moving average is $111.69.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The business had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.31 billion. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The company’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.85 earnings per share. Analysts expect that The TJX Companies, Inc. will post 4.14 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be given a $0.375 dividend. The ex-dividend date is Thursday, November 14th. This represents a $1.50 dividend on an annualized basis and a yield of 1.25%. TJX Companies’s dividend payout ratio is currently 36.23%.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total value of $1,763,100.00. Following the sale, the chief executive officer now directly owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. This represents a 2.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is owned by corporate insiders.

TJX Companies 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.