Teachers Advisors LLC increased its holdings in TJX Companies, Inc. (The) (NYSE:TJX) by 3.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,345,795 shares of the apparel and home fashions retailer’s stock after acquiring an additional 39,696 shares during the period. Teachers Advisors LLC owned about 0.21% of TJX Companies, Inc. (The) worth $97,126,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. TrimTabs Asset Management LLC lifted its holdings in 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 acquiring an additional 664 shares during the period. Israel Discount Bank of New York purchased a new position in TJX Companies, Inc. (The) in the first quarter worth $130,000. Jacobi Capital Management LLC boosted its position in 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 purchasing an additional 200 shares during the last quarter. Mosaic Family Wealth LLC boosted its position in 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 purchasing an additional 134 shares during the last quarter. Finally, Oakworth Capital Inc. boosted its position in 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 purchasing an additional 185 shares during the last quarter. 89.13% of the stock is owned by institutional investors.

TJX has been the topic of a number of recent analyst reports. BidaskClub upgraded TJX Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 price target on the stock in a report on Tuesday, July 18th. BMO Capital Markets set a $85.00 price target on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research report on Monday, July 17th. Royal Bank Of Canada set a $79.00 price target on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research report on Monday, June 19th. Finally, Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a $90.00 price target (down previously from $97.00) on shares of TJX Companies, Inc. (The) in a research report on Wednesday, August 16th. Five research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $83.15.

TJX Companies, Inc. (NYSE TJX) opened at 73.82 on Wednesday. The company has a market cap of $46.97 billion, a P/E ratio of 20.89 and a beta of 0.78. The firm has a 50-day moving average price of $72.51 and a 200 day moving average price of $73.71. TJX Companies, Inc. has a 52 week low of $66.66 and a 52 week high of $80.92.

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 (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 company had revenue of $8.36 billion during the quarter, compared to analyst estimates of $8.29 billion. During the same period in the previous year, the business posted $0.84 earnings per share. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. Analysts expect that TJX Companies, Inc. will post $3.93 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be given a $0.3125 dividend. The ex-dividend date is Wednesday, November 8th. This represents a $1.25 annualized dividend and a yield of 1.69%. TJX Companies, Inc. (The)’s payout ratio is presently 35.41%.

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In other news, CEO Ernie Herrman sold 20,000 shares of TJX Companies, Inc. (The) stock in a transaction on Friday, September 1st. The shares were 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 owns 480,821 shares in the company, valued at approximately $34,869,138.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.23% of the stock is currently owned by company insiders.

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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