Sumitomo Mitsui Asset Management Company LTD lifted its position in TJX Companies, Inc. (The) (NYSE:TJX) by 6.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 208,959 shares of the apparel and home fashions retailer’s stock after purchasing an additional 13,077 shares during the quarter. Sumitomo Mitsui Asset Management Company LTD’s holdings in TJX Companies, Inc. (The) were worth $15,406,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of TJX. Israel Discount Bank of New York purchased a new stake in TJX Companies, Inc. (The) during the 1st quarter valued at about $130,000. Jacobi Capital Management LLC boosted its holdings in TJX Companies, Inc. (The) by 12.9% during 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 acquiring an additional 200 shares during the period. Lenox Wealth Management Inc. purchased a new stake in TJX Companies, Inc. (The) during the 2nd quarter valued at about $141,000. Mosaic Family Wealth LLC boosted its holdings in TJX Companies, Inc. (The) by 7.2% during the 2nd quarter. Mosaic Family Wealth LLC now owns 1,996 shares of the apparel and home fashions retailer’s stock valued at $144,000 after acquiring an additional 134 shares during the period. Finally, Oakworth Capital Inc. boosted its holdings in TJX Companies, Inc. (The) by 10.1% during 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 acquiring an additional 185 shares during the period. Hedge funds and other institutional investors own 89.32% of the company’s stock.

Several equities research analysts recently weighed in on TJX shares. Buckingham Research restated a “buy” rating and set a $85.00 target price on shares of TJX Companies, Inc. (The) in a report on Thursday, October 19th. BidaskClub upgraded TJX Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. Zacks Investment Research upgraded TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a report on Tuesday, October 10th. Jefferies Group LLC restated a “hold” rating and set a $75.00 target price on shares of TJX Companies, Inc. (The) in a report on Thursday, September 28th. Finally, Royal Bank Of Canada set a $76.00 target price on TJX Companies, Inc. (The) and gave the company a “buy” rating in a report on Monday, October 30th. Four analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. TJX Companies, Inc. (The) presently has a consensus rating of “Buy” and a consensus price target of $83.25.

In related news, CEO Ernie Herrman sold 20,000 shares of the firm’s 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 transaction, the chief executive officer now owns 480,821 shares of the company’s stock, valued at approximately $34,869,138.92. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.23% of the stock is currently owned by corporate insiders.

WARNING: “Sumitomo Mitsui Asset Management Company LTD Boosts Stake in TJX Companies, Inc. (The) (TJX)” was first published by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another site, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.watchlistnews.com/sumitomo-mitsui-asset-management-company-ltd-boosts-stake-in-tjx-companies-inc-the-tjx/1680437.html.

TJX Companies, Inc. (NYSE TJX) opened at $68.60 on Friday. TJX Companies, Inc. has a 52-week low of $66.65 and a 52-week high of $80.92. The stock has a market capitalization of $43,648.39, a P/E ratio of 19.00, a PEG ratio of 1.64 and a beta of 0.72. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.63 and a quick ratio of 0.80.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.01. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. The firm had revenue of $8.36 billion during the quarter, compared to analyst estimates of $8.29 billion. During the same quarter in the prior year, the company earned $0.84 EPS. The business’s revenue was up 6.0% compared to the same quarter last year. research analysts expect that TJX Companies, Inc. will post 3.93 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be given a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio is currently 35.41%.

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.

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

Receive News & Ratings for TJX Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies Inc. (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.