Lee Danner & Bass Inc. increased its stake in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 1.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 9,769 shares of the apparel and home fashions retailer’s stock after buying an additional 121 shares during the period. Lee Danner & Bass Inc.’s holdings in TJX Companies, Inc. (The) were worth $705,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in TJX. TrimTabs Asset Management LLC boosted its position in shares of 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 valued at $112,000 after buying an additional 664 shares in the last quarter. Israel Discount Bank of New York acquired a new position in shares of TJX Companies, Inc. (The) during the first quarter valued at about $130,000. Jacobi Capital Management LLC boosted its position in shares of TJX Companies, Inc. (The) by 12.9% in the first quarter. Jacobi Capital Management LLC now owns 1,748 shares of the apparel and home fashions retailer’s stock valued at $133,000 after buying an additional 200 shares in the last quarter. Mosaic Family Wealth LLC boosted its position in shares of 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 valued at $147,000 after buying an additional 108 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in shares of TJX Companies, Inc. (The) by 4.8% in the second quarter. Parkside Financial Bank & Trust now owns 2,029 shares of the apparel and home fashions retailer’s stock valued at $147,000 after buying an additional 93 shares in the last quarter. 88.16% of the stock is currently owned by hedge funds and other institutional investors.

Shares of TJX Companies, Inc. (NYSE:TJX) opened at 72.05 on Thursday. The company’s 50 day moving average is $70.12 and its 200 day moving average is $74.67. TJX Companies, Inc. has a 12-month low of $66.65 and a 12-month high of $80.92. The firm has a market capitalization of $45.84 billion, a PE ratio of 20.39 and a beta of 0.77.

TJX Companies, Inc. (The) (NYSE:TJX) last released its quarterly earnings data on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.84 by $0.01. The firm had revenue of $8.36 billion during the quarter, compared to the consensus estimate of $8.29 billion. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. The company’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.84 earnings per share. On average, analysts forecast that TJX Companies, Inc. will post $3.93 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Thursday, August 10th will be issued a dividend of $0.3125 per share. The ex-dividend date is Tuesday, August 8th. This represents a $1.25 annualized dividend and a dividend yield of 1.73%. TJX Companies, Inc. (The)’s dividend payout ratio is 35.41%.

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TJX has been the topic of several recent research reports. BidaskClub raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $79.00 price objective (down previously from $82.00) on shares of TJX Companies, Inc. (The) in a research note 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 research note on Tuesday, May 16th. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 price objective on the stock in a research note on Tuesday, July 18th. 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 research note on Wednesday, August 2nd. Five analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. TJX Companies, Inc. (The) presently has a consensus rating of “Buy” and an average price target of $82.61.

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.

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

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