Westpac Banking Corp lowered its stake in TJX Companies, Inc. (The) (NYSE:TJX) by 44.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 95,806 shares of the apparel and home fashions retailer’s stock after selling 76,136 shares during the quarter. Westpac Banking Corp’s holdings in TJX Companies, Inc. (The) were worth $7,064,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Israel Discount Bank of New York bought a new position in shares of TJX Companies, Inc. (The) in the first quarter worth about $130,000. Jacobi Capital Management LLC lifted its holdings 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 worth $133,000 after acquiring an additional 200 shares during the last quarter. Lenox Wealth Management Inc. bought a new position in shares of TJX Companies, Inc. (The) in the second quarter worth about $141,000. Mosaic Family Wealth LLC lifted its holdings in shares of TJX Companies, Inc. (The) 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 worth $144,000 after acquiring an additional 134 shares during the last quarter. Finally, Oakworth Capital Inc. lifted its holdings in shares of TJX Companies, Inc. (The) by 10.1% in the second quarter. Oakworth Capital Inc. now owns 2,024 shares of the apparel and home fashions retailer’s stock worth $146,000 after acquiring an additional 185 shares during the last quarter. 89.33% of the stock is owned by hedge funds and other institutional investors.

In other TJX Companies, Inc. (The) 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 transaction of $1,450,400.00. Following the transaction, the chief executive officer now directly owns 480,821 shares in the company, valued at approximately $34,869,138.92. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.23% of the company’s stock.

Shares of TJX Companies, Inc. (TJX) opened at $68.60 on Monday. TJX Companies, Inc. has a 52-week low of $66.65 and a 52-week high of $80.92. The company has a current ratio of 1.63, a quick ratio of 0.80 and a debt-to-equity ratio of 0.49. The company has a market cap of $43,648.41, a P/E ratio of 19.00, a PEG ratio of 1.64 and a beta of 0.72.

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 6.83% and a return on equity of 52.87%. The business had revenue of $8.36 billion during the quarter, compared to the consensus estimate of $8.29 billion. During the same quarter last year, the firm posted $0.84 EPS. TJX Companies, Inc. (The)’s revenue was up 6.0% compared to the same quarter last year. research analysts expect that TJX Companies, Inc. will post 3.93 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 9th will be given a $0.3125 dividend. This represents a $1.25 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s payout ratio is currently 35.41%.

TJX has been the subject of a number of research reports. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a report on Tuesday, October 10th. Credit Suisse Group set a $72.00 price objective on shares of TJX Companies, Inc. (The) and gave the company a “neutral” rating in a report on Wednesday, August 2nd. Royal Bank Of Canada dropped their price objective on shares of TJX Companies, Inc. (The) from $79.00 to $76.00 and set an “outperform” rating for the company in a report on Wednesday, August 16th. Jefferies Group LLC reiterated a “hold” rating and issued a $75.00 price objective on shares of TJX Companies, Inc. (The) in a report on Thursday, September 28th. Finally, BidaskClub upgraded shares of TJX Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. Four investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. TJX Companies, Inc. (The) presently has an average rating of “Buy” and an average target price of $83.25.

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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.

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

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