Advisors Asset Management Inc. boosted its stake in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,665 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,883 shares during the quarter. Advisors Asset Management Inc.’s holdings in TJX Companies, Inc. (The) were worth $4,667,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. Waldron LP boosted its position in shares of TJX Companies, Inc. (The) by 96.7% in the first quarter. Waldron LP now owns 5,678 shares of the apparel and home fashions retailer’s stock valued at $449,000 after acquiring an additional 2,792 shares during the period. iAB Financial Bank boosted its position in shares of TJX Companies, Inc. (The) by 5.6% in the first quarter. iAB Financial Bank now owns 11,140 shares of the apparel and home fashions retailer’s stock valued at $881,000 after acquiring an additional 588 shares during the period. Whittier Trust Co. boosted its position in shares of TJX Companies, Inc. (The) by 1.9% in the first quarter. Whittier Trust Co. now owns 193,478 shares of the apparel and home fashions retailer’s stock valued at $15,300,000 after acquiring an additional 3,536 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its position in shares of TJX Companies, Inc. (The) by 2.1% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 53,407 shares of the apparel and home fashions retailer’s stock valued at $4,224,000 after acquiring an additional 1,122 shares during the period. Finally, Welch & Forbes LLC boosted its position in shares of TJX Companies, Inc. (The) by 0.4% in the first quarter. Welch & Forbes LLC now owns 372,992 shares of the apparel and home fashions retailer’s stock valued at $29,496,000 after acquiring an additional 1,330 shares during the period. 89.15% of the stock is owned by hedge funds and other institutional investors.

In other news, CEO Ernie Herrman sold 20,000 shares of TJX Companies, Inc. (The) stock in a transaction that occurred 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 sale, 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 filing with the SEC, which is available through this link. 0.23% of the stock is currently owned by company insiders.

A number of equities research analysts have recently issued reports on TJX shares. Morgan Stanley raised shares of TJX Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and set a $86.00 target price for the company in a research report on Wednesday, May 17th. Royal Bank Of Canada reissued an “outperform” rating and issued a $79.00 target price (down previously from $82.00) on shares of TJX Companies, Inc. (The) in a research report on Wednesday, May 17th. Nomura reissued a “buy” rating and issued a $84.00 target price on shares of TJX Companies, Inc. (The) in a research report on Wednesday, May 17th. Cowen and Company set a $80.00 target price on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, May 17th. Finally, Jefferies Group LLC set a $80.00 target price on shares of TJX Companies, Inc. (The) and gave the company a “hold” rating in a research report on Tuesday, May 16th. Five equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. TJX Companies, Inc. (The) currently has a consensus rating of “Buy” and a consensus target price of $82.79.

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TJX Companies, Inc. (TJX) opened at 72.39 on Friday. The company has a market capitalization of $46.06 billion, a PE ratio of 20.49 and a beta of 0.76. The firm’s 50 day moving average price is $70.81 and its 200-day moving average price is $74.38. TJX Companies, Inc. has a 12-month low of $66.66 and a 12-month high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last issued its quarterly earnings data on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.01. The firm had revenue of $8.36 billion for the quarter, compared to analyst estimates of $8.29 billion. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period last year, the company earned $0.84 EPS. On average, equities analysts anticipate that TJX Companies, Inc. will post $3.93 earnings per share for the current fiscal year.

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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