Sapient Capital LLC Has $15.96 Million Stake in The TJX Companies, Inc. (NYSE:TJX)

Sapient Capital LLC boosted its stake in The TJX Companies, Inc. (NYSE:TJX) by 1.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 132,083 shares of the apparel and home fashions retailer’s stock after acquiring an additional 1,763 shares during the quarter. Sapient Capital LLC’s holdings in TJX Companies were worth $15,957,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. First Trust Direct Indexing L.P. grew its holdings in shares of TJX Companies by 12.4% during the third quarter. First Trust Direct Indexing L.P. now owns 47,104 shares of the apparel and home fashions retailer’s stock worth $5,537,000 after buying an additional 5,207 shares in the last quarter. BLB&B Advisors LLC boosted its position in TJX Companies by 2.8% during the 4th quarter. BLB&B Advisors LLC now owns 81,079 shares of the apparel and home fashions retailer’s stock worth $9,795,000 after acquiring an additional 2,201 shares during the last quarter. Courier Capital LLC grew its stake in shares of TJX Companies by 55.1% during the 4th quarter. Courier Capital LLC now owns 34,487 shares of the apparel and home fashions retailer’s stock worth $4,166,000 after acquiring an additional 12,247 shares in the last quarter. China Universal Asset Management Co. Ltd. raised its holdings in shares of TJX Companies by 397.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 4,970 shares of the apparel and home fashions retailer’s stock valued at $600,000 after purchasing an additional 3,970 shares during the last quarter. Finally, Board of the Pension Protection Fund bought a new stake in shares of TJX Companies in the fourth quarter worth $713,000. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $124.92 on Tuesday. The TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00. 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 firm has a market cap of $140.43 billion, a price-to-earnings ratio of 29.39, a P/E/G ratio of 2.82 and a beta of 0.91. The stock’s fifty day moving average price is $123.25 and its two-hundred day moving average price is $118.76.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. During the same period last year, the firm earned $1.03 earnings per share. TJX Companies’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is currently 35.29%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft lifted 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. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $134.00 target price on shares of TJX Companies in a research report on Friday, December 6th. Wells Fargo & Company increased their price target 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. Guggenheim boosted their price target on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, UBS Group increased their price objective on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Two analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $133.53.

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.