Pittenger & Anderson Inc. lifted its position in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 3.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 80,048 shares of the apparel and home fashions retailer’s stock after buying an additional 2,440 shares during the period. Pittenger & Anderson Inc.’s holdings in TJX Companies, Inc. (The) were worth $5,777,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TJX. TrimTabs Asset Management LLC boosted its position in shares of TJX Companies, Inc. (The) by 88.9% during the first quarter. TrimTabs Asset Management LLC now owns 1,411 shares of the apparel and home fashions retailer’s stock worth $112,000 after buying an additional 664 shares during the period. Israel Discount Bank of New York acquired a new position in shares of TJX Companies, Inc. (The) during the first quarter worth about $130,000. Jacobi Capital Management LLC boosted its position in shares of 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 worth $133,000 after buying an additional 200 shares during the period. Mosaic Family Wealth LLC boosted its position in shares of 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 worth $144,000 after buying an additional 134 shares during the period. Finally, Oakworth Capital Inc. boosted its position 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 purchasing an additional 185 shares during the last quarter. 89.13% of the stock is owned by institutional investors.

TJX has been the subject of several recent research reports. BMO Capital Markets reissued a “buy” rating and set a $85.00 price target on shares of TJX Companies, Inc. (The) in a research report on Thursday, June 8th. Royal Bank Of Canada set a $79.00 price target on TJX Companies, Inc. (The) and gave the company a “buy” rating in a research report on Monday, June 19th. BidaskClub raised TJX Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 28th. Zacks Investment Research cut TJX Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Finally, Credit Suisse Group set a $72.00 price target on TJX Companies, Inc. (The) and gave the company a “neutral” rating in a research report on Wednesday, August 2nd. Five analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. TJX Companies, Inc. (The) currently has an average rating of “Buy” and a consensus price target of $83.15.

In other news, CEO Ernie Herrman sold 20,000 shares of the business’s 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 transaction, the chief executive officer now owns 480,821 shares in the company, valued at approximately $34,869,138.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.23% of the stock is owned by insiders.

TJX Companies, Inc. (NYSE TJX) opened at 73.73 on Friday. TJX Companies, Inc. has a 52 week low of $66.66 and a 52 week high of $80.92. The company has a market cap of $46.91 billion, a price-to-earnings ratio of 20.87 and a beta of 0.76. The stock’s 50 day moving average price is $71.68 and its 200-day moving average price is $74.08.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $8.36 billion for the quarter, compared to the consensus estimate of $8.29 billion. During the same quarter in the previous year, the business earned $0.84 EPS. The company’s revenue was up 6.0% compared to the same quarter last year. On average, equities research analysts forecast that TJX Companies, Inc. will post $3.93 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be paid a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.70%. TJX Companies, Inc. (The)’s payout ratio is presently 35.41%.

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

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