Laurion Capital Management LP increased its holdings in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 183.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,500 shares of the apparel and home fashions retailer’s stock after purchasing an additional 5,500 shares during the quarter. Laurion Capital Management LP’s holdings in TJX Companies, Inc. (The) were worth $613,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of TJX. Waldron LP boosted its holdings in TJX Companies, Inc. (The) by 96.7% in the 1st quarter. Waldron LP now owns 5,678 shares of the apparel and home fashions retailer’s stock worth $449,000 after acquiring an additional 2,792 shares during the period. Flossbach Von Storch AG boosted its holdings in TJX Companies, Inc. (The) by 5.8% in the 1st quarter. Flossbach Von Storch AG now owns 1,137,590 shares of the apparel and home fashions retailer’s stock worth $89,961,000 after acquiring an additional 62,550 shares during the period. World Asset Management Inc boosted its holdings in TJX Companies, Inc. (The) by 18.9% in the 1st quarter. World Asset Management Inc now owns 73,900 shares of the apparel and home fashions retailer’s stock worth $5,844,000 after acquiring an additional 11,753 shares during the period. Morse Asset Management Inc purchased a new position in TJX Companies, Inc. (The) in the 1st quarter worth approximately $1,461,000. Finally, BARING ASSET MANAGEMENT Ltd boosted its holdings in TJX Companies, Inc. (The) by 189.3% in the 1st quarter. BARING ASSET MANAGEMENT Ltd now owns 21,003 shares of the apparel and home fashions retailer’s stock worth $1,661,000 after acquiring an additional 13,743 shares during the period. 89.13% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have weighed in on the company. Jefferies Group LLC restated a “hold” rating and issued a $75.00 price target on shares of TJX Companies, Inc. (The) in a report on Thursday, September 28th. Royal Bank Of Canada restated a “buy” rating and issued a $76.00 price target on shares of TJX Companies, Inc. (The) in a report on Monday, September 18th. Northcoast Research upgraded TJX Companies, Inc. (The) from a “neutral” rating to a “buy” rating and set a $86.00 price target for the company in a report on Thursday, September 7th. They noted that the move was a valuation call. BMO Capital Markets restated an “outperform” rating on shares of TJX Companies, Inc. (The) in a report on Tuesday, September 12th. Finally, Sanford C. Bernstein assumed coverage on TJX Companies, Inc. (The) in a report on Tuesday, September 12th. They issued an “outperform” rating and a $88.00 price target for the company. Five analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. TJX Companies, Inc. (The) currently has a consensus rating of “Buy” and an average target price of $83.15.

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TJX Companies, Inc. (NYSE TJX) opened at 73.60 on Friday. TJX Companies, Inc. has a 52 week low of $66.66 and a 52 week high of $80.92. The company has a market capitalization of $46.83 billion, a PE ratio of 20.83 and a beta of 0.78. The company’s 50-day moving average price is $72.77 and its 200 day moving average price is $73.68.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its quarterly earnings data on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share for the quarter, topping the Thomson Reuters’ 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 company had revenue of $8.36 billion for the quarter, compared to analyst estimates of $8.29 billion. During the same quarter last year, the firm earned $0.84 EPS. TJX Companies, Inc. (The)’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, equities research analysts anticipate that TJX Companies, Inc. will post $3.93 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be issued a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s payout ratio is presently 35.41%.

In other news, CEO Ernie Herrman sold 20,000 shares of TJX Companies, Inc. (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 sale, the chief executive officer now owns 480,821 shares of the company’s stock, valued at approximately $34,869,138.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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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