Hendley & Co. Inc. boosted its stake in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 0.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 77,081 shares of the apparel and home fashions retailer’s stock after buying an additional 250 shares during the period. TJX Companies, Inc. (The) accounts for approximately 3.7% of Hendley & Co. Inc.’s investment portfolio, making the stock its 8th largest position. Hendley & Co. Inc.’s holdings in TJX Companies, Inc. (The) were worth $6,096,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TJX. BlackRock Inc. raised its stake 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 buying an additional 39,763,685 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of 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 buying an additional 3,339,536 shares during the period. Ameriprise Financial Inc. raised its stake in shares of 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 buying an additional 3,275,506 shares during the period. Fiduciary Management Inc. WI bought a new stake in shares of TJX Companies, Inc. (The) during the first quarter valued at about $225,702,000. Finally, Vanguard Group Inc. raised its stake 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 valued at $3,725,322,000 after buying an additional 2,336,495 shares during the period. Institutional investors own 89.56% of the company’s stock.

TJX Companies, Inc. (TJX) traded up 3.009% during mid-day trading on Tuesday, reaching $71.715. 3,414,359 shares of the company traded hands. The firm’s 50-day moving average is $70.06 and its 200 day moving average is $74.91. TJX Companies, Inc. has a 52-week low of $66.66 and a 52-week high of $81.09. The stock has a market capitalization of $46.13 billion, a PE ratio of 20.362 and a beta of 0.77. TJX Companies, Inc. (The) also was the recipient of unusually large options trading activity on Monday. Stock traders bought 21,190 put options on the company. This is an increase of approximately 1,148% compared to the typical volume of 1,698 put options.

TJX Companies, Inc. (The) (NYSE:TJX) last released its quarterly earnings data on Tuesday, May 16th. The apparel and home fashions retailer reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.03. The firm had revenue of $7.78 billion during the quarter, compared to the consensus estimate of $7.88 billion. TJX Companies, Inc. (The) had a net margin of 6.96% and a return on equity of 53.34%. The firm’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.76 earnings per share. On average, equities research analysts expect that TJX Companies, Inc. will post $3.89 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 10th will be issued a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date is Tuesday, August 8th. TJX Companies, Inc. (The)’s dividend payout ratio is presently 35.51%.

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Several analysts have recently issued reports on TJX shares. BMO Capital Markets reiterated a “buy” rating and issued a $85.00 target price on shares of TJX Companies, Inc. (The) in a research report 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 target price on the stock in a research report on Wednesday, May 17th. BidaskClub upgraded shares of TJX Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 28th. Credit Suisse Group restated a “hold” rating and set a $79.00 price target on shares of TJX Companies, Inc. (The) in a research report on Wednesday, May 17th. Finally, Zacks Investment Research lowered shares of TJX Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, April 26th. Four research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $83.78.

In other TJX Companies, Inc. (The) news, EVP Kenneth Canestrari sold 4,000 shares of TJX Companies, Inc. (The) stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $75.80, for a total value of $303,200.00. Following the completion of the transaction, the executive vice president now owns 86,243 shares of the company’s stock, valued at $6,537,219.40. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Richard Sherr sold 1,179 shares of TJX Companies, Inc. (The) stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $75.58, for a total transaction of $89,108.82. Following the completion of the transaction, the executive vice president now directly owns 120,000 shares of the company’s stock, valued at approximately $9,069,600. The disclosure for this sale can be found here. Insiders own 0.23% of the company’s stock.

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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