Gamble Jones Investment Counsel decreased its stake in TJX Companies Inc (NYSE:TJX) by 33.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,312 shares of the apparel and home fashions retailer’s stock after selling 8,353 shares during the quarter. Gamble Jones Investment Counsel’s holdings in TJX Companies were worth $1,247,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in TJX. Fort Pitt Capital Group LLC raised its position in shares of TJX Companies by 0.5% during the second quarter. Fort Pitt Capital Group LLC now owns 3,124 shares of the apparel and home fashions retailer’s stock worth $225,000 after purchasing an additional 17 shares during the period. FTB Advisors Inc. raised its position in shares of TJX Companies by 1.6% during the second quarter. FTB Advisors Inc. now owns 2,235 shares of the apparel and home fashions retailer’s stock worth $159,000 after purchasing an additional 36 shares during the period. C M Bidwell & Associates Ltd. raised its position in shares of TJX Companies by 1.2% during the second quarter. C M Bidwell & Associates Ltd. now owns 4,095 shares of the apparel and home fashions retailer’s stock worth $296,000 after purchasing an additional 50 shares during the period. Hunter Associates Investment Management LLC raised its position in shares of TJX Companies by 2.8% during the second quarter. Hunter Associates Investment Management LLC now owns 3,700 shares of the apparel and home fashions retailer’s stock worth $267,000 after purchasing an additional 100 shares during the period. Finally, Keel Point LLC raised its position in shares of TJX Companies by 4.1% during the second quarter. Keel Point LLC now owns 2,963 shares of the apparel and home fashions retailer’s stock worth $214,000 after purchasing an additional 117 shares during the period. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

TJX has been the subject of a number of research reports. Zacks Investment Research upgraded TJX Companies from a “hold” rating to a “buy” rating and set a $86.00 price objective for the company in a report on Saturday, January 20th. Goldman Sachs Group downgraded TJX Companies from a “conviction-buy” rating to a “buy” rating and set a $79.00 price objective for the company. in a report on Tuesday, December 5th. Wells Fargo & Co downgraded TJX Companies from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $76.00 to $72.00 in a report on Wednesday, January 3rd. Nomura reiterated a “buy” rating and set a $87.00 price objective (up from $75.00) on shares of TJX Companies in a report on Wednesday, January 17th. Finally, Cowen set a $88.00 price objective on TJX Companies and gave the stock a “buy” rating in a report on Wednesday, December 13th. Five research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $82.53.

Shares of TJX Companies Inc (NYSE TJX) opened at $76.20 on Thursday. TJX Companies Inc has a 52-week low of $66.44 and a 52-week high of $81.46. The stock has a market capitalization of $48,048.67, a P/E ratio of 20.54, a PEG ratio of 1.63 and a beta of 0.73. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 0.67.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be given a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.64%. TJX Companies’s payout ratio is 33.78%.

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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.

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

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