Exxonmobil Investment Management Inc. TX lowered its position in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 14.7% during the second quarter, according to its most recent filing with the SEC. The fund owned 123,508 shares of the apparel and home fashions retailer’s stock after selling 21,256 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in TJX Companies, Inc. (The) were worth $8,914,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the stock. Jackson Wealth Management LLC boosted its stake in shares of TJX Companies, Inc. (The) by 0.8% in the first quarter. Jackson Wealth Management LLC now owns 21,018 shares of the apparel and home fashions retailer’s stock worth $1,599,000 after buying an additional 171 shares during the period. Waldron LP boosted its position in shares of TJX Companies, Inc. (The) by 96.7% in the first quarter. Waldron LP now owns 5,678 shares of the apparel and home fashions retailer’s stock worth $449,000 after buying an additional 2,792 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of TJX Companies, Inc. (The) by 5.2% in the first quarter. Vanguard Group Inc. now owns 47,108,264 shares of the apparel and home fashions retailer’s stock worth $3,725,322,000 after buying an additional 2,336,495 shares during the last quarter. Trust Co. of Vermont boosted its position in shares of TJX Companies, Inc. (The) by 2.0% in the first quarter. Trust Co. of Vermont now owns 38,887 shares of the apparel and home fashions retailer’s stock worth $3,076,000 after buying an additional 781 shares during the last quarter. Finally, Stifel Financial Corp boosted its position in shares of TJX Companies, Inc. (The) by 1.6% in the first quarter. Stifel Financial Corp now owns 1,782,882 shares of the apparel and home fashions retailer’s stock worth $141,031,000 after buying an additional 27,307 shares during the last quarter. Hedge funds and other institutional investors own 88.16% of the company’s stock.

TJX Companies, Inc. (TJX) traded up 0.579% during trading on Monday, reaching $72.085. 888,529 shares of the company’s stock traded hands. The company has a 50 day moving average of $70.12 and a 200 day moving average of $74.67. The firm has a market cap of $45.87 billion, a price-to-earnings ratio of 20.403 and a beta of 0.77. TJX Companies, Inc. has a one year low of $66.66 and a one year high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last posted its quarterly earnings data on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.01. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. The company had revenue of $8.36 billion during the quarter, compared to analysts’ expectations of $8.29 billion. During the same period last year, the firm earned $0.84 EPS. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. Equities research analysts predict that TJX Companies, Inc. will post $3.93 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 10th will be given a dividend of $0.3125 per share. The ex-dividend date is Tuesday, August 8th. This represents a $1.25 dividend on an annualized basis and a yield of 1.74%. TJX Companies, Inc. (The)’s payout ratio is 35.41%.

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A number of equities analysts recently issued reports on TJX shares. BMO Capital Markets reiterated a “buy” rating and issued a $85.00 price target on shares of TJX Companies, Inc. (The) in a research note on Thursday, June 8th. Morgan Stanley upgraded shares of TJX Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and set a $86.00 price target on the stock in a research note on Wednesday, May 17th. BidaskClub upgraded shares of TJX Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 28th. Credit Suisse Group reiterated a “hold” rating and issued a $79.00 price target on shares of TJX Companies, Inc. (The) in a research note on Wednesday, May 17th. Finally, Zacks Investment Research cut shares of TJX Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Five investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. TJX Companies, Inc. (The) has an average rating of “Buy” and an average price target of $82.61.

In other TJX Companies, Inc. (The) news, EVP Kenneth Canestrari sold 4,000 shares of the stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $75.80, for a total transaction of $303,200.00. Following the completion of the sale, the executive vice president now directly owns 86,243 shares of the company’s stock, valued at approximately $6,537,219.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.23% of the stock is currently owned by company insiders.

About TJX Companies, Inc. (The)

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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