Public Employees Retirement System of Ohio boosted its position in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 0.4% during the first quarter, Holdings Channel reports. The fund owned 708,367 shares of the apparel and home fashions retailer’s stock after buying an additional 2,920 shares during the period. Public Employees Retirement System of Ohio’s holdings in TJX Companies, Inc. (The) were worth $56,018,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. DnB Asset Management AS boosted its stake in shares of TJX Companies, Inc. (The) by 24.4% in the first quarter. DnB Asset Management AS now owns 79,510 shares of the apparel and home fashions retailer’s stock worth $6,288,000 after buying an additional 15,600 shares during the last quarter. Gateway Investment Advisers LLC boosted its stake in shares of TJX Companies, Inc. (The) by 2.2% in the first quarter. Gateway Investment Advisers LLC now owns 442,256 shares of the apparel and home fashions retailer’s stock worth $34,974,000 after buying an additional 9,410 shares during the last quarter. Farmers & Merchants Investments Inc. boosted its stake in shares of TJX Companies, Inc. (The) by 16.6% in the first quarter. Farmers & Merchants Investments Inc. now owns 35,197 shares of the apparel and home fashions retailer’s stock worth $2,783,000 after buying an additional 5,000 shares during the last quarter. Reliance Trust Co. of Delaware boosted its stake in shares of TJX Companies, Inc. (The) by 13.6% in the first quarter. Reliance Trust Co. of Delaware now owns 3,456 shares of the apparel and home fashions retailer’s stock worth $273,000 after buying an additional 413 shares during the last quarter. Finally, Reilly Financial Advisors LLC boosted its stake in shares of TJX Companies, Inc. (The) by 1.6% in the first quarter. Reilly Financial Advisors LLC now owns 159,106 shares of the apparel and home fashions retailer’s stock worth $12,582,000 after buying an additional 2,560 shares during the last quarter. 89.56% of the stock is currently owned by institutional investors.

Shares of TJX Companies, Inc. (NYSE:TJX) traded up 0.68% on Wednesday, hitting $70.64. 1,433,317 shares of the stock traded hands. The stock has a market cap of $45.44 billion, a price-to-earnings ratio of 20.06 and a beta of 0.77. The stock has a 50 day moving average price of $70.07 and a 200-day moving average price of $74.88. TJX Companies, Inc. has a 52 week low of $66.65 and a 52 week high of $80.92. TJX Companies, Inc. (The) also saw some unusual options trading activity on Monday. Traders purchased 21,190 put options on the stock. This is an increase of approximately 1,148% compared to the typical daily volume of 1,698 put options.

TJX Companies, Inc. (The) (NYSE:TJX) last posted its quarterly earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.01. TJX Companies, Inc. (The) had a net margin of 6.96% and a return on equity of 53.34%. The company had revenue of $8.36 billion for the quarter, compared to analyst estimates of $8.29 billion. During the same quarter in the previous year, the firm posted $0.84 earnings per share. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, equities research analysts forecast that TJX Companies, Inc. will post $3.89 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Thursday, August 10th will be given a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 1.78%. 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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A number of brokerages have recently issued reports on TJX. Zacks Investment Research cut shares of TJX Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Wednesday, April 26th. Credit Suisse Group reaffirmed a “hold” rating and issued a $79.00 target price on shares of TJX Companies, Inc. (The) in a report on Wednesday, May 17th. BMO Capital Markets reaffirmed a “buy” rating and issued a $85.00 target price on shares of TJX Companies, Inc. (The) in a report on Thursday, June 8th. Instinet reissued a “buy” rating and issued a $84.00 price target (down from $87.00) on shares of TJX Companies, Inc. (The) in a report on Wednesday, May 17th. Finally, Jefferies Group LLC set a $80.00 price target on shares of TJX Companies, Inc. (The) and gave the company a “hold” rating in a report on Tuesday, May 16th. Four analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. TJX Companies, Inc. (The) has a consensus rating of “Buy” and an average target price of $82.83.

In other news, EVP Kenneth Canestrari sold 4,000 shares of the business’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 value of $303,200.00. Following the sale, the executive vice president now owns 86,243 shares of the company’s stock, valued at $6,537,219.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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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