Howland Capital Management LLC increased its position in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 4.5% during the second quarter, Holdings Channel reports. The fund owned 219,038 shares of the apparel and home fashions retailer’s stock after buying an additional 9,497 shares during the period. TJX Companies, Inc. (The) makes up approximately 1.3% of Howland Capital Management LLC’s investment portfolio, making the stock its 29th largest position. Howland Capital Management LLC’s holdings in TJX Companies, Inc. (The) were worth $15,808,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in TJX. Guardian Life Insurance Co. of America increased its stake in TJX Companies, Inc. (The) by 0.6% in the first quarter. Guardian Life Insurance Co. of America now owns 2,514 shares of the apparel and home fashions retailer’s stock worth $199,000 after buying an additional 16 shares during the last quarter. WMS Partners LLC increased its stake in shares of TJX Companies, Inc. (The) by 0.3% in the first quarter. WMS Partners LLC now owns 10,515 shares of the apparel and home fashions retailer’s stock valued at $832,000 after buying an additional 33 shares in the last quarter. Messner & Smith Theme Value Investment Management Ltd. CA increased its stake in shares of TJX Companies, Inc. (The) by 0.4% in the first quarter. Messner & Smith Theme Value Investment Management Ltd. CA now owns 10,752 shares of the apparel and home fashions retailer’s stock valued at $850,000 after buying an additional 40 shares in the last quarter. Jackson Grant Investment Advisers Inc. increased its stake in shares of TJX Companies, Inc. (The) by 0.3% in the first quarter. Jackson Grant Investment Advisers Inc. now owns 15,139 shares of the apparel and home fashions retailer’s stock valued at $1,197,000 after buying an additional 50 shares in the last quarter. Finally, Cypress Wealth Advisors LLC increased its stake in shares of TJX Companies, Inc. (The) by 1.2% in the first quarter. Cypress Wealth Advisors LLC now owns 4,231 shares of the apparel and home fashions retailer’s stock valued at $335,000 after buying an additional 52 shares in the last quarter. Hedge funds and other institutional investors own 89.56% of the company’s stock.

TJX Companies, Inc. (NYSE TJX) traded up 0.70% during trading on Tuesday, reaching $70.11. The company’s stock had a trading volume of 5,102,315 shares. The stock has a 50-day moving average price of $70.06 and a 200 day moving average price of $74.91. The company has a market cap of $45.10 billion, a PE ratio of 19.91 and a beta of 0.77. TJX Companies, Inc. has a 52-week low of $66.65 and a 52-week high of $81.09. TJX Companies, Inc. (The) also was the recipient of unusually large options trading on Monday. Stock investors purchased 21,190 put options on the stock. 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 issued 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 the Thomson Reuters’ consensus estimate of $0.79 by $0.03. TJX Companies, Inc. (The) had a return on equity of 53.34% and a net margin of 6.96%. The firm had revenue of $7.78 billion during the quarter, compared to analyst estimates of $7.88 billion. During the same quarter in the previous year, the company posted $0.76 earnings per share. The company’s revenue was up 3.2% compared to the same quarter last year. On average, analysts expect that TJX Companies, Inc. will post $3.89 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 10th will be paid a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend is Tuesday, August 8th. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is currently 35.51%.

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Several brokerages recently weighed in on TJX. 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 report on Monday, June 19th. BidaskClub downgraded TJX Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Morgan Stanley upgraded TJX Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and set a $86.00 price objective for the company in a research report on Wednesday, May 17th. Cowen and Company set a $80.00 price objective on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Wednesday, May 17th. Finally, Nomura restated a “buy” rating and set a $84.00 price objective on shares of TJX Companies, Inc. (The) in a research report on Wednesday, May 17th. 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 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 Richard Sherr sold 1,179 shares of TJX Companies, Inc. (The) stock in a transaction dated 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 sale, the executive vice president now owns 120,000 shares of the company’s stock, valued at $9,069,600. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Kenneth Canestrari sold 4,000 shares of TJX Companies, Inc. (The) stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $75.80, for a total value of $303,200.00. Following the sale, the executive vice president now directly owns 86,243 shares of the company’s stock, valued at approximately $6,537,219.40. 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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