CENTRAL TRUST Co lowered its stake in shares of TJX Companies Inc (NYSE:TJX) by 2.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 21,654 shares of the apparel and home fashions retailer’s stock after selling 646 shares during the period. CENTRAL TRUST Co’s holdings in TJX Companies were worth $1,656,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Sphera Funds Management LTD. boosted its stake in shares of TJX Companies by 8.8% in the 2nd quarter. Sphera Funds Management LTD. now owns 24,700 shares of the apparel and home fashions retailer’s stock worth $1,783,000 after buying an additional 2,000 shares during the last quarter. MUFG Securities EMEA plc purchased a new position in shares of TJX Companies in the 2nd quarter worth approximately $7,217,000. Synovus Financial Corp boosted its stake in shares of TJX Companies by 50.8% in the 2nd quarter. Synovus Financial Corp now owns 6,931 shares of the apparel and home fashions retailer’s stock worth $499,000 after buying an additional 2,336 shares during the last quarter. Northern Capital Management LLC purchased a new position in shares of TJX Companies in the 2nd quarter worth approximately $2,875,000. Finally, Meiji Yasuda Life Insurance Co boosted its stake in shares of TJX Companies by 25.0% in the 2nd quarter. Meiji Yasuda Life Insurance Co now owns 25,472 shares of the apparel and home fashions retailer’s stock worth $1,838,000 after buying an additional 5,100 shares during the last quarter. Institutional investors and hedge funds own 90.59% of the company’s stock.

Shares of TJX Companies Inc (NYSE TJX) opened at $79.32 on Wednesday. The company has a quick ratio of 0.67, a current ratio of 1.53 and a debt-to-equity ratio of 0.48. The company has a market cap of $50,470.00, a P/E ratio of 21.44, a P/E/G ratio of 1.89 and a beta of 0.75. TJX Companies Inc has a 1-year low of $66.44 and a 1-year high of $80.92.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 EPS for the quarter, hitting analysts’ consensus estimates of $1.00. The company had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.86 billion. TJX Companies had a net margin of 7.01% and a return on equity of 52.79%. TJX Companies’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.91 EPS. analysts expect that TJX Companies Inc will post 3.93 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be issued a $0.3125 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.58%. TJX Companies’s dividend payout ratio (DPR) is presently 33.78%.

A number of equities analysts have recently weighed in on TJX shares. Zacks Investment Research upgraded TJX Companies from a “hold” rating to a “buy” rating and set a $82.00 target price on the stock in a research note on Tuesday, October 10th. Nomura cut their target price on TJX Companies from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, November 15th. Morgan Stanley cut their target price on TJX Companies from $86.00 to $85.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 15th. Royal Bank of Canada set a $70.00 target price on TJX Companies and gave the stock an “outperform” rating in a research note on Tuesday, November 14th. Finally, Jefferies Group restated a “hold” rating and issued a $75.00 target price on shares of TJX Companies in a research note on Thursday, September 28th. Five research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $82.53.

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TJX Companies 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.

Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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