Capital Counsel LLC NY decreased its position in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 49.7% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,133 shares of the apparel and home fashions retailer’s stock after selling 4,085 shares during the quarter. Capital Counsel LLC NY’s holdings in TJX Companies, Inc. (The) were worth $298,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Guardian Life Insurance Co. of America increased its stake in TJX Companies, Inc. (The) by 0.6% in the 1st quarter. Guardian Life Insurance Co. of America now owns 2,514 shares of the apparel and home fashions retailer’s stock worth $199,000 after buying an additional 16 shares in the last quarter. Summit Asset Management LLC raised its holdings in TJX Companies, Inc. (The) by 0.7% during the second quarter. Summit Asset Management LLC now owns 4,500 shares of the apparel and home fashions retailer’s stock valued at $325,000 after acquiring an additional 30 shares during the period. Reliance Trust Co. of Delaware raised its holdings in TJX Companies, Inc. (The) by 0.9% during the second quarter. Reliance Trust Co. of Delaware now owns 3,487 shares of the apparel and home fashions retailer’s stock valued at $251,000 after acquiring an additional 31 shares during the period. WMS Partners LLC raised its holdings in TJX Companies, Inc. (The) by 0.3% during the first quarter. WMS Partners LLC now owns 10,515 shares of the apparel and home fashions retailer’s stock valued at $832,000 after acquiring an additional 33 shares during the period. Finally, Messner & Smith Theme Value Investment Management Ltd. CA raised its holdings in TJX Companies, Inc. (The) by 0.4% during the first quarter. Messner & Smith Theme Value Investment Management Ltd. CA now owns 10,752 shares of the apparel and home fashions retailer’s stock valued at $850,000 after acquiring an additional 40 shares during the period. Institutional investors own 89.13% of the company’s stock.

Shares of TJX Companies, Inc. (NYSE TJX) opened at 73.73 on Monday. TJX Companies, Inc. has a 12 month low of $66.66 and a 12 month high of $80.92. The stock has a market capitalization of $46.91 billion, a P/E ratio of 20.87 and a beta of 0.78. The firm’s 50-day moving average price is $71.68 and its 200-day moving average price is $74.08.

TJX Companies, Inc. (The) (NYSE:TJX) last released its quarterly earnings data on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 EPS for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.01. The company had revenue of $8.36 billion during the quarter, compared to the consensus estimate of $8.29 billion. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. TJX Companies, Inc. (The)’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.84 EPS. On average, equities research analysts forecast that TJX Companies, Inc. will post $3.93 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be issued a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio is currently 35.41%.

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In other news, CEO Ernie Herrman sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $72.52, for a total value of $1,450,400.00. Following the completion of the sale, the chief executive officer now directly owns 480,821 shares in the company, valued at $34,869,138.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.23% of the company’s stock.

Several equities analysts have recently commented on the company. BMO Capital Markets restated a “buy” rating and issued a $85.00 price objective on shares of TJX Companies, Inc. (The) in a research report on Thursday, June 8th. Royal Bank Of Canada set a $79.00 target price on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Monday, June 19th. BidaskClub upgraded TJX Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 28th. Zacks Investment Research downgraded TJX Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Finally, Credit Suisse Group set a $72.00 target price on TJX Companies, Inc. (The) and gave the company a “neutral” rating in a research note on Wednesday, August 2nd. Five investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $83.15.

TJX Companies, Inc. (The) Company Profile

The TJX Companies, Inc (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States were collectively the off-price retailer in the United States with a total of 2,221 stores, as of January 28, 2017.

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Institutional Ownership by Quarter for TJX Companies, Inc. (The) (NYSE:TJX)

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