Oppenheimer Asset Management Inc. lowered its stake in TJX Companies, Inc. (The) (NYSE:TJX) by 13.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 138,134 shares of the apparel and home fashions retailer’s stock after selling 20,592 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in TJX Companies, Inc. (The) were worth $9,970,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. TrimTabs Asset Management LLC lifted its stake in shares of TJX Companies, Inc. (The) by 88.9% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,411 shares of the apparel and home fashions retailer’s stock valued at $112,000 after purchasing an additional 664 shares during the period. Israel Discount Bank of New York acquired a new position in shares of TJX Companies, Inc. (The) in the 1st quarter valued at $130,000. Jacobi Capital Management LLC lifted its stake in shares of TJX Companies, Inc. (The) by 12.9% in the 1st quarter. Jacobi Capital Management LLC now owns 1,748 shares of the apparel and home fashions retailer’s stock valued at $133,000 after purchasing an additional 200 shares during the period. Mosaic Family Wealth LLC lifted its stake in shares of TJX Companies, Inc. (The) by 6.2% in the 1st quarter. Mosaic Family Wealth LLC now owns 1,862 shares of the apparel and home fashions retailer’s stock valued at $147,000 after purchasing an additional 108 shares during the period. Finally, Oakworth Capital Inc. lifted its stake in shares of TJX Companies, Inc. (The) by 10.1% in the 2nd quarter. Oakworth Capital Inc. now owns 2,024 shares of the apparel and home fashions retailer’s stock valued at $146,000 after purchasing an additional 185 shares during the period. 89.13% of the stock is currently owned by institutional investors.

In other news, CEO Ernie Herrman sold 20,000 shares of the company’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 transaction, the chief executive officer now owns 480,821 shares in the company, valued at $34,869,138.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.23% of the stock is currently owned by corporate insiders.

TJX has been the topic of a number of analyst reports. Zacks Investment Research raised TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $80.00 price target on the stock in a research note on Wednesday, August 9th. BMO Capital Markets set a $85.00 price objective on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Monday, July 17th. Royal Bank Of Canada set a $79.00 price objective on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Monday, June 19th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $90.00 price objective (down previously from $97.00) on shares of TJX Companies, Inc. (The) in a research note on Wednesday, August 16th. Finally, Nomura set a $80.00 price objective on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Wednesday, August 16th. Five analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $83.24.

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TJX Companies, Inc. (NYSE TJX) opened at 72.45 on Monday. The stock has a 50 day moving average price of $71.68 and a 200 day moving average price of $74.08. The company has a market cap of $46.10 billion, a PE ratio of 20.51 and a beta of 0.76. 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 announced its quarterly earnings data on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.01. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. The firm had revenue of $8.36 billion for the quarter, compared to analyst estimates of $8.29 billion. During the same quarter in the prior year, the business earned $0.84 earnings per share. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, equities analysts anticipate that TJX Companies, Inc. will post $3.93 EPS for the current fiscal 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 issued a dividend of $0.3125 per share. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $1.25 annualized dividend and a dividend yield of 1.73%. TJX Companies, Inc. (The)’s dividend payout ratio is currently 35.41%.

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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