FDx Advisors Inc. increased its holdings in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 28.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,988 shares of the apparel and home fashions retailer’s stock after acquiring an additional 10,427 shares during the period. FDx Advisors Inc.’s holdings in TJX Companies, Inc. (The) were worth $3,464,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Israel Discount Bank of New York bought a new position in shares of TJX Companies, Inc. (The) in the first quarter worth about $130,000. Jacobi Capital Management LLC raised its stake in shares of TJX Companies, Inc. (The) by 12.9% in the first quarter. Jacobi Capital Management LLC now owns 1,748 shares of the apparel and home fashions retailer’s stock worth $133,000 after acquiring an additional 200 shares during the last quarter. Lenox Wealth Management Inc. bought a new position in shares of TJX Companies, Inc. (The) in the second quarter worth about $141,000. Mosaic Family Wealth LLC raised its stake in shares of TJX Companies, Inc. (The) by 7.2% in the second quarter. Mosaic Family Wealth LLC now owns 1,996 shares of the apparel and home fashions retailer’s stock worth $144,000 after acquiring an additional 134 shares during the last quarter. Finally, Oakworth Capital Inc. grew its position in shares of TJX Companies, Inc. (The) by 10.1% during the 2nd quarter. Oakworth Capital Inc. now owns 2,024 shares of the apparel and home fashions retailer’s stock worth $146,000 after buying an additional 185 shares during the period. Institutional investors and hedge funds own 89.51% of the company’s stock.

TJX Companies, Inc. (NYSE:TJX) traded up $1.06 during midday trading on Monday, hitting $71.28. The stock had a trading volume of 1,385,813 shares, compared to its average volume of 4,040,473. TJX Companies, Inc. has a 52-week low of $66.65 and a 52-week high of $80.92. The stock has a market capitalization of $44,679.17, a PE ratio of 19.45, a P/E/G ratio of 1.68 and a beta of 0.72. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.80 and a current ratio of 1.63.

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

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be paid a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 1.75%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is currently 35.41%.

Several research analysts have recently weighed in on TJX shares. Zacks Investment Research upgraded shares of TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 price target for the company in a report on Tuesday, July 18th. Buckingham Research reissued a “buy” rating and issued a $85.00 price objective on shares of TJX Companies, Inc. (The) in a research report on Thursday, October 19th. Northcoast Research raised shares of TJX Companies, Inc. (The) from a “neutral” rating to a “buy” rating and set a $86.00 price target on the stock in a research report on Thursday, September 7th. They noted that the move was a valuation call. Royal Bank Of Canada reissued a “buy” rating and issued a $76.00 price objective on shares of TJX Companies, Inc. (The) in a research report on Monday, September 18th. Finally, Sanford C. Bernstein began coverage on shares of TJX Companies, Inc. (The) in a research report on Tuesday, September 12th. They issued an “outperform” rating and a $88.00 price objective on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and sixteen have assigned a buy rating to the stock. TJX Companies, Inc. (The) presently has a consensus rating of “Buy” and an average target price of $83.25.

In related news, CEO Ernie Herrman sold 20,000 shares of TJX Companies, Inc. (The) stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $72.52, for a total transaction of $1,450,400.00. Following the sale, the chief executive officer now owns 480,821 shares of the company’s stock, valued at approximately $34,869,138.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.23% of the stock is owned by company insiders.

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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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