Flossbach Von Storch AG lifted its stake in TJX Companies, Inc. (The) (NYSE:TJX) by 3.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,315,770 shares of the apparel and home fashions retailer’s stock after acquiring an additional 163,750 shares during the period. TJX Companies, Inc. (The) makes up 3.3% of Flossbach Von Storch AG’s portfolio, making the stock its 11th largest holding. Flossbach Von Storch AG owned approximately 0.68% of TJX Companies, Inc. (The) worth $318,202,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Camden National Bank boosted its stake in TJX Companies, Inc. (The) by 6.2% during the third quarter. Camden National Bank now owns 59,572 shares of the apparel and home fashions retailer’s stock worth $4,393,000 after buying an additional 3,453 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in TJX Companies, Inc. (The) by 1.0% during the third quarter. Oppenheimer & Co. Inc. now owns 90,120 shares of the apparel and home fashions retailer’s stock worth $6,645,000 after buying an additional 877 shares in the last quarter. ING Groep NV boosted its stake in TJX Companies, Inc. (The) by 2,142.7% during the third quarter. ING Groep NV now owns 73,023 shares of the apparel and home fashions retailer’s stock worth $5,384,000 after buying an additional 69,767 shares in the last quarter. Icon Advisers Inc. Co. acquired a new stake in TJX Companies, Inc. (The) during the third quarter worth $560,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in TJX Companies, Inc. (The) by 5.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 144,792 shares of the apparel and home fashions retailer’s stock worth $10,676,000 after buying an additional 8,127 shares in the last quarter. Institutional investors and hedge funds own 88.93% of the company’s stock.

TJX Companies, Inc. (NYSE TJX) traded up $0.26 during trading on Friday, hitting $70.83. The company had a trading volume of 1,037,371 shares, compared to its average volume of 4,177,538. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 0.67. TJX Companies, Inc. has a fifty-two week low of $66.44 and a fifty-two week high of $80.92. The company has a market capitalization of $44,901.87, a PE ratio of 19.07, a price-to-earnings-growth ratio of 1.69 and a beta of 0.72.

TJX Companies, Inc. (The) (NYSE:TJX) last released its quarterly earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.00. TJX Companies, Inc. (The) had a return on equity of 52.79% and a net margin of 7.01%. The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.86 billion. During the same period in the previous year, the business posted $0.91 earnings per share. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. equities analysts predict that TJX Companies, Inc. will post 3.93 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 9th will be issued a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.76%. TJX Companies, Inc. (The)’s dividend payout ratio is 33.78%.

In related news, CEO Ernie Herrman sold 20,000 shares of TJX Companies, Inc. (The) stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $72.52, for a total value of $1,450,400.00. Following the completion of the transaction, the chief executive officer now directly owns 480,821 shares of the company’s stock, valued at $34,869,138.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.23% of the company’s stock.

TJX has been the topic of a number of recent research reports. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a $90.00 price target (down previously from $97.00) on shares of TJX Companies, Inc. (The) in a research note on Wednesday, August 16th. Instinet reiterated a “buy” rating and set a $80.00 price target (down previously from $83.00) on shares of TJX Companies, Inc. (The) in a research note on Wednesday, August 16th. Nomura set a $80.00 price target on shares of TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note 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 target on the stock in a research note 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 target on the stock in a research note 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 assigned a hold rating and seventeen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $81.50.

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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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