Girard Partners LTD. boosted its holdings in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 35.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,101 shares of the apparel and home fashions retailer’s stock after buying an additional 1,587 shares during the quarter. Girard Partners LTD.’s holdings in TJX Companies, Inc. (The) were worth $450,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in TJX Companies, Inc. (The) by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 47,816,796 shares of the apparel and home fashions retailer’s stock worth $3,450,938,000 after buying an additional 708,532 shares in the last quarter. BlackRock Inc. lifted its holdings in TJX Companies, Inc. (The) by 4.8% during the 2nd quarter. BlackRock Inc. now owns 43,767,923 shares of the apparel and home fashions retailer’s stock worth $3,158,729,000 after buying an additional 1,996,874 shares in the last quarter. State Street Corp lifted its holdings in TJX Companies, Inc. (The) by 6.6% during the 1st quarter. State Street Corp now owns 28,798,593 shares of the apparel and home fashions retailer’s stock worth $2,277,402,000 after buying an additional 1,773,046 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in TJX Companies, Inc. (The) by 0.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,467,659 shares of the apparel and home fashions retailer’s stock worth $610,888,000 after buying an additional 51,364 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in TJX Companies, Inc. (The) by 278.1% during the 2nd quarter. Alliancebernstein L.P. now owns 6,791,045 shares of the apparel and home fashions retailer’s stock worth $490,110,000 after buying an additional 4,994,846 shares in the last quarter. Institutional investors own 88.93% of the company’s stock.

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

TJX Companies, Inc. (NYSE:TJX) traded up $1.96 during mid-day trading on Monday, hitting $71.02. 7,859,700 shares of the stock traded hands, compared to its average volume of 4,169,527. 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 one year low of $66.44 and a one year high of $80.92. The firm has a market cap of $45,260.00, a PE ratio of 19.19, a PEG ratio of 1.70 and a beta of 0.72.

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

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

A number of research firms have issued reports on TJX. Jefferies Group LLC reiterated a “hold” rating and set a $75.00 target price on shares of TJX Companies, Inc. (The) in a report on Thursday, September 28th. Royal Bank Of Canada reiterated a “buy” rating and set a $76.00 target price on shares of TJX Companies, Inc. (The) in a report on Monday, September 18th. Northcoast Research upgraded shares of TJX Companies, Inc. (The) from a “neutral” rating to a “buy” rating and set a $86.00 target price on the stock in a report on Thursday, September 7th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $82.00 target price on the stock in a report on Tuesday, October 10th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of TJX Companies, Inc. (The) in a report on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seventeen have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $81.50.

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TJX Companies, Inc. (The) 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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