XTX Topco Ltd Has $1.33 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

XTX Topco Ltd increased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 155.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,061 shares of the apparel and home fashions retailer’s stock after purchasing an additional 7,347 shares during the quarter. XTX Topco Ltd’s holdings in TJX Companies were worth $1,328,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in TJX. Concorde Asset Management LLC raised its stake in shares of TJX Companies by 2.8% in the second quarter. Concorde Asset Management LLC now owns 3,330 shares of the apparel and home fashions retailer’s stock valued at $367,000 after acquiring an additional 90 shares during the last quarter. Seven Eight Capital LP acquired a new stake in TJX Companies during the 2nd quarter valued at $306,000. Waterloo Capital L.P. raised its position in TJX Companies by 17.2% in the 2nd quarter. Waterloo Capital L.P. now owns 15,000 shares of the apparel and home fashions retailer’s stock valued at $1,651,000 after purchasing an additional 2,196 shares during the last quarter. Blair William & Co. IL boosted its stake in TJX Companies by 8.3% in the second quarter. Blair William & Co. IL now owns 286,189 shares of the apparel and home fashions retailer’s stock worth $31,509,000 after purchasing an additional 21,894 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in shares of TJX Companies by 12.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 120,008 shares of the apparel and home fashions retailer’s stock worth $13,131,000 after purchasing an additional 13,574 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Performance

Shares of NYSE:TJX opened at $117.90 on Friday. The firm’s 50 day simple moving average is $114.83 and its 200 day simple moving average is $106.15. The TJX Companies, Inc. has a fifty-two week low of $86.71 and a fifty-two week high of $121.13. The company has a market capitalization of $133.24 billion, a price-to-earnings ratio of 29.26, a P/E/G ratio of 3.02 and a beta of 0.89. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.21 and a quick ratio of 0.60.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.04. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. The company had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.31 billion. During the same period last year, the business posted $0.85 earnings per share. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. As a group, sell-side analysts forecast that The TJX Companies, Inc. will post 4.15 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be paid a $0.375 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $1.50 dividend on an annualized basis and a yield of 1.27%. TJX Companies’s payout ratio is 37.22%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Telsey Advisory Group reiterated an “outperform” rating and set a $128.00 price target on shares of TJX Companies in a research report on Wednesday, August 21st. Barclays increased their price target on shares of TJX Companies from $114.00 to $136.00 and gave the company an “overweight” rating in a research note on Thursday, August 22nd. StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Sunday, September 15th. UBS Group increased their price objective on TJX Companies from $134.00 to $148.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Finally, Evercore ISI boosted their target price on TJX Companies from $115.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, August 19th. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, TJX Companies presently has an average rating of “Moderate Buy” and an average price target of $126.76.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 15,000 shares of TJX Companies stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the transaction, the chief executive officer now owns 536,148 shares in the company, valued at approximately $63,018,835.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.13% of the company’s stock.

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.