TJX Companies Inc (TJX) Shares Bought by Caisse DE Depot ET Placement DU Quebec
Caisse DE Depot ET Placement DU Quebec boosted its position in shares of TJX Companies Inc (NYSE:TJX) by 2.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 121,218 shares of the apparel and home fashions retailer’s stock after purchasing an additional 2,400 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in TJX Companies were worth $8,975,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of TJX. Jacobi Capital Management LLC lifted its position in shares of TJX Companies 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 acquiring an additional 200 shares in the last quarter. Lenox Wealth Management Inc. purchased a new stake in shares of TJX Companies in the second quarter valued at $141,000. Mosaic Family Wealth LLC lifted its position in shares of TJX Companies by 7.2% in the second quarter. Mosaic Family Wealth LLC now owns 1,996 shares of the apparel and home fashions retailer’s stock valued at $144,000 after acquiring an additional 134 shares in the last quarter. Oakworth Capital Inc. lifted its position in shares of TJX Companies by 10.1% in the second quarter. Oakworth Capital Inc. now owns 2,024 shares of the apparel and home fashions retailer’s stock valued at $146,000 after acquiring an additional 185 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its position in shares of TJX Companies 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 acquiring an additional 93 shares in the last quarter. Institutional investors own 90.94% of the company’s stock.
Several brokerages have recently issued reports on TJX. Goldman Sachs Group downgraded TJX Companies from a “conviction-buy” rating to a “buy” rating and set a $79.00 price objective on the stock. in a research report on Tuesday. Citigroup reduced their price objective on TJX Companies from $88.00 to $81.00 and set a “buy” rating on the stock in a research report on Wednesday, November 15th. Wells Fargo & Company set a $76.00 price objective on TJX Companies and gave the company a “buy” rating in a research report on Tuesday, November 14th. Instinet restated a “buy” rating and issued a $80.00 price objective (down from $83.00) on shares of TJX Companies in a research report on Wednesday, August 16th. Finally, MKM Partners restated a “buy” rating and issued a $87.00 price objective on shares of TJX Companies in a research report on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the stock. TJX Companies currently has a consensus rating of “Buy” and a consensus target price of $81.53.
TJX Companies Inc (TJX) traded down $1.21 during trading on Friday, reaching $73.84. The company had a trading volume of 5,278,900 shares, compared to its average volume of 4,213,818. The firm has a market capitalization of $47,454.31, a price-to-earnings ratio of 20.28, a P/E/G ratio of 1.80 and a beta of 0.75. TJX Companies Inc has a 52-week low of $66.44 and a 52-week high of $80.92. 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 (NYSE:TJX) last released its earnings results 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. The firm had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.86 billion. TJX Companies had a return on equity of 52.79% and a net margin of 7.01%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 earnings per share. equities research analysts forecast that TJX Companies Inc will post 3.93 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be paid a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.25 annualized dividend and a yield of 1.69%. TJX Companies’s payout ratio is currently 33.78%.
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TJX Companies 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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