Harbour Capital Advisors LLC held its stake in shares of TJX Companies, Inc. (The) (NYSE:TJX) during the first quarter, according to its most recent filing with the SEC. The fund owned 8,753 shares of the apparel and home fashions retailer’s stock at the end of the first quarter. Harbour Capital Advisors LLC’s holdings in TJX Companies, Inc. (The) were worth $692,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of TJX. TrimTabs Asset Management LLC increased its stake in TJX Companies, Inc. (The) by 88.9% in the first quarter. TrimTabs Asset Management LLC now owns 1,411 shares of the apparel and home fashions retailer’s stock worth $112,000 after buying an additional 664 shares in the last quarter. Israel Discount Bank of New York bought a new stake in TJX Companies, Inc. (The) during the first quarter worth approximately $130,000. Mosaic Family Wealth LLC increased its stake in TJX Companies, Inc. (The) by 6.2% in the first quarter. Mosaic Family Wealth LLC now owns 1,862 shares of the apparel and home fashions retailer’s stock worth $147,000 after buying an additional 108 shares in the last quarter. Howard Hughes Medical Institute bought a new stake in TJX Companies, Inc. (The) during the first quarter worth approximately $171,000. Finally, SRS Capital Advisors Inc. increased its stake in TJX Companies, Inc. (The) by 14.3% in the first quarter. SRS Capital Advisors Inc. now owns 2,201 shares of the apparel and home fashions retailer’s stock worth $174,000 after buying an additional 276 shares in the last quarter. 89.85% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies, Inc. (TJX) traded up 1.260% during trading on Friday, hitting $71.145. 2,025,364 shares of the stock were exchanged. The stock’s 50-day moving average price is $69.98 and its 200-day moving average price is $74.97. TJX Companies, Inc. has a 12-month low of $66.66 and a 12-month high of $83.64. The firm has a market cap of $45.77 billion, a PE ratio of 20.200 and a beta of 0.77.

TJX Companies, Inc. (The) (NYSE:TJX) last posted its quarterly earnings results on Tuesday, May 16th. The apparel and home fashions retailer reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.03. The business had revenue of $7.78 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.76 earnings per share. On average, equities analysts expect that TJX Companies, Inc. will post $3.89 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Thursday, August 10th will be given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 1.78%. The ex-dividend date is Tuesday, August 8th. TJX Companies, Inc. (The)’s payout ratio is presently 35.51%.

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A number of analysts recently commented on TJX shares. 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 downgraded shares of TJX Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Wednesday, April 26th. Royal Bank Of Canada reissued an “outperform” rating and set a $79.00 price objective (down previously from $82.00) on shares of TJX Companies, Inc. (The) in a report on Wednesday, May 17th. Jefferies Group LLC set a $80.00 price objective on shares of TJX Companies, Inc. (The) and gave the stock a “hold” rating in a report on Tuesday, May 16th. Finally, Credit Suisse Group set a $72.00 price objective on shares of TJX Companies, Inc. (The) and gave the stock a “neutral” rating in a report on Wednesday, August 2nd. Four equities 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. The company presently has a consensus rating of “Buy” and a consensus target price of $83.78.

In related news, EVP Kenneth Canestrari sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 1st. The shares were sold at an average price of $75.80, for a total transaction of $303,200.00. Following the transaction, the executive vice president now owns 86,243 shares of the company’s stock, valued at $6,537,219.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Richard Sherr sold 1,179 shares of the firm’s stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $75.58, for a total transaction of $89,108.82. Following the transaction, the executive vice president now directly owns 120,000 shares in the company, valued at approximately $9,069,600. The disclosure for this sale can be found here. 0.23% of the stock is currently owned by company insiders.

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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