Pacer Advisors Inc. grew its stake in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 16.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,219 shares of the apparel and home fashions retailer’s stock after buying an additional 2,236 shares during the period. Pacer Advisors Inc.’s holdings in TJX Companies, Inc. (The) were worth $1,196,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TJX. Jacobi Capital Management LLC increased its position in shares of TJX Companies, Inc. (The) by 12.9% during the first quarter. Jacobi Capital Management LLC now owns 1,748 shares of the apparel and home fashions retailer’s stock valued at $133,000 after buying an additional 200 shares during the period. Lenox Wealth Management Inc. bought a new stake in shares of TJX Companies, Inc. (The) during the second quarter valued at about $141,000. Mosaic Family Wealth LLC increased its position 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 purchasing an additional 134 shares during the last quarter. Oakworth Capital Inc. increased its position in shares of TJX Companies, Inc. (The) by 10.1% in the second quarter. Oakworth Capital Inc. now owns 2,024 shares of the apparel and home fashions retailer’s stock worth $146,000 after purchasing an additional 185 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of TJX Companies, Inc. (The) by 4.8% in the second quarter. Parkside Financial Bank & Trust now owns 2,029 shares of the apparel and home fashions retailer’s stock worth $147,000 after purchasing an additional 93 shares during the last quarter. Hedge funds and other institutional investors own 88.93% of the company’s stock.

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Several research analysts recently weighed in on TJX shares. Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a $90.00 price objective (down from $97.00) on shares of TJX Companies, Inc. (The) in a research report on Wednesday, August 16th. Instinet restated a “buy” rating and issued a $80.00 price objective (down from $83.00) on shares of TJX Companies, Inc. (The) in a research report on Wednesday, August 16th. Nomura set a $80.00 price objective on shares of TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Zacks Investment Research upgraded shares of TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $80.00 price objective on the stock in a research report on Wednesday, August 9th. Finally, Northcoast Research upgraded shares of TJX Companies, Inc. (The) from a “neutral” rating to a “buy” rating and set a $86.00 price objective on the stock in a research report on Thursday, September 7th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seventeen have assigned a buy rating to the stock. TJX Companies, Inc. (The) has a consensus rating of “Buy” and a consensus target price of $81.50.

In other news, CEO Ernie Herrman sold 20,000 shares of 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 completion of 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 is accessible through the SEC website. Corporate insiders own 0.23% of the company’s stock.

Shares of TJX Companies, Inc. (TJX) traded down $0.66 during midday trading on Thursday, reaching $70.57. 3,767,800 shares of the company’s stock were exchanged, compared to its average volume of 4,177,538. TJX Companies, Inc. has a twelve month low of $66.44 and a twelve month high of $80.92. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 0.67. The company has a market capitalization of $45,321.81, a PE ratio of 19.25, a P/E/G ratio of 1.71 and a beta of 0.72.

TJX Companies, Inc. (The) (NYSE:TJX) last issued its quarterly earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 EPS for the quarter, meeting analysts’ consensus estimates of $1.00. The business had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.86 billion. TJX Companies, Inc. (The) had a net margin of 7.01% and a return on equity of 52.79%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the business earned $0.91 earnings per share. sell-side analysts forecast 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 dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 33.78%.

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.

Institutional Ownership by Quarter for TJX Companies, Inc. (The) (NYSE:TJX)

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