Traders sold shares of TJX Companies, Inc. (The) (NYSE:TJX) on strength during trading on Thursday. $51.05 million flowed into the stock on the tick-up and $91.69 million flowed out of the stock on the tick-down, for a money net flow of $40.64 million out of the stock. Of all equities tracked, TJX Companies, Inc. (The) had the 0th highest net out-flow for the day. TJX Companies, Inc. (The) traded up $1.27 for the day and closed at $69.25

Several brokerages have commented on TJX. Instinet reiterated a “buy” rating and set a $80.00 target price (down from $83.00) on shares of TJX Companies, Inc. (The) in a research note on Wednesday, August 16th. MKM Partners reiterated a “buy” rating and set a $87.00 target price on shares of TJX Companies, Inc. (The) in a research note on Tuesday, September 12th. Nomura set a $80.00 target price on TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday, August 16th. BMO Capital Markets reiterated an “outperform” rating on shares of TJX Companies, Inc. (The) in a research note on Tuesday, September 12th. Finally, Zacks Investment Research upgraded TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $80.00 target price on the stock in a research note on Wednesday, August 9th. Four research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. TJX Companies, Inc. (The) has an average rating of “Buy” and a consensus price target of $83.25.

The company has a market capitalization of $44,061.98, a price-to-earnings ratio of 19.18, a P/E/G ratio of 1.66 and a beta of 0.72. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.63 and a quick ratio of 0.80.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 EPS for the quarter, topping the Zacks’ 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 analysts’ expectations of $8.29 billion. During the same period 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. equities analysts expect that TJX Companies, Inc. will post 3.93 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 9th will be issued a $0.3125 dividend. The ex-dividend date is Wednesday, November 8th. This represents a $1.25 dividend on an annualized basis and a yield of 1.78%. TJX Companies, Inc. (The)’s dividend payout ratio is currently 35.41%.

In related news, CEO Ernie Herrman sold 20,000 shares of the firm’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $72.52, for a total value of $1,450,400.00. Following the transaction, the chief executive officer now directly 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 SEC, which is available through the SEC website. 0.23% of the stock is currently owned by company insiders.

Institutional investors have recently made changes to their positions in the stock. Israel Discount Bank of New York bought a new position in TJX Companies, Inc. (The) in the 1st quarter worth $130,000. Jacobi Capital Management LLC raised its holdings in TJX Companies, Inc. (The) by 12.9% during 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 during the period. Lenox Wealth Management Inc. bought a new stake in TJX Companies, Inc. (The) during the second quarter valued at about $141,000. Mosaic Family Wealth LLC raised its holdings in TJX Companies, Inc. (The) by 7.2% during 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 during the period. Finally, Oakworth Capital Inc. raised its holdings in TJX Companies, Inc. (The) by 10.1% during 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 during the period. 89.33% of the stock is currently owned by institutional investors.

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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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