Great Lakes Advisors LLC lifted its position in TJX Companies, Inc. (The) (NYSE:TJX) by 0.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 136,055 shares of the apparel and home fashions retailer’s stock after acquiring an additional 171 shares during the period. Great Lakes Advisors LLC’s holdings in TJX Companies, Inc. (The) were worth $9,819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in 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 valued at $3,725,322,000 after purchasing an additional 2,336,495 shares during the last quarter. BlackRock Inc. boosted its holdings in TJX Companies, Inc. (The) by 1,980.9% in the first quarter. BlackRock Inc. now owns 41,771,049 shares of the apparel and home fashions retailer’s stock valued at $3,303,255,000 after purchasing an additional 39,763,685 shares during the last quarter. State Street Corp boosted its holdings in TJX Companies, Inc. (The) by 6.6% in the first quarter. State Street Corp now owns 28,798,593 shares of the apparel and home fashions retailer’s stock valued at $2,277,402,000 after purchasing an additional 1,773,046 shares during the last quarter. Wellington Management Group LLP boosted its holdings in TJX Companies, Inc. (The) by 19.2% in the first quarter. Wellington Management Group LLP now owns 20,703,582 shares of the apparel and home fashions retailer’s stock valued at $1,637,238,000 after purchasing an additional 3,339,536 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in TJX Companies, Inc. (The) by 63.7% in the first quarter. Ameriprise Financial Inc. now owns 8,416,295 shares of the apparel and home fashions retailer’s stock valued at $665,521,000 after purchasing an additional 3,275,506 shares during the last quarter. 89.13% of the stock is currently owned by hedge funds and other institutional investors.

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Several equities research analysts have commented on the stock. BidaskClub raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 price target on the stock in a report on Tuesday, July 18th. BMO Capital Markets set a $85.00 price target on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a report on Monday, July 17th. Royal Bank Of Canada set a $79.00 price target on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a report on Monday, June 19th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a $90.00 price target (down from $97.00) on shares of TJX Companies, Inc. (The) in a report on Wednesday, August 16th. Five analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. TJX Companies, Inc. (The) presently has an average rating of “Buy” and a consensus target price of $83.24.

TJX Companies, Inc. (TJX) opened at 72.83 on Wednesday. TJX Companies, Inc. has a 52 week low of $66.66 and a 52 week high of $80.92. The company has a 50-day moving average of $71.68 and a 200-day moving average of $74.08. The stock has a market capitalization of $46.34 billion, a price-to-earnings ratio of 20.61 and a beta of 0.76.

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, topping analysts’ consensus estimates of $0.84 by $0.01. The firm had revenue of $8.36 billion for 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%. The firm’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.84 earnings per share. Analysts anticipate 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. Investors of record on Thursday, November 9th will be issued a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio is currently 35.41%.

In related news, CEO Ernie Herrman sold 20,000 shares of the business’s stock in a transaction dated Friday, September 1st. The shares were 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 $34,869,138.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.23% of the stock is currently owned by insiders.

TJX Companies, Inc. (The) 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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