Bridgewater Associates LP trimmed its holdings in TJX Companies, Inc. (The) (NYSE:TJX) by 19.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 65,968 shares of the apparel and home fashions retailer’s stock after selling 16,419 shares during the quarter. Bridgewater Associates LP’s holdings in TJX Companies, Inc. (The) were worth $4,761,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of TJX. BlackRock Inc. lifted its position in TJX Companies, Inc. (The) by 1,980.9% in the first quarter. BlackRock Inc. now owns 41,771,049 shares of the apparel and home fashions retailer’s stock worth $3,303,255,000 after purchasing an additional 39,763,685 shares during the period. Alliancebernstein L.P. lifted its position in TJX Companies, Inc. (The) by 278.1% in the second quarter. Alliancebernstein L.P. now owns 6,791,045 shares of the apparel and home fashions retailer’s stock worth $490,110,000 after purchasing an additional 4,994,846 shares during the period. Wellington Management Group LLP lifted its position in TJX Companies, Inc. (The) by 19.2% in the first quarter. Wellington Management Group LLP now owns 20,703,582 shares of the apparel and home fashions retailer’s stock worth $1,637,238,000 after purchasing an additional 3,339,536 shares during the period. Ameriprise Financial Inc. lifted its position in TJX Companies, Inc. (The) by 63.7% in the first quarter. Ameriprise Financial Inc. now owns 8,416,295 shares of the apparel and home fashions retailer’s stock worth $665,521,000 after purchasing an additional 3,275,506 shares during the period. Finally, Flossbach Von Storch AG lifted its position in TJX Companies, Inc. (The) by 265.0% in the second quarter. Flossbach Von Storch AG now owns 4,152,020 shares of the apparel and home fashions retailer’s stock worth $299,651,000 after purchasing an additional 3,014,430 shares during the period. 89.13% of the stock is owned by institutional investors.

In related news, CEO Ernie Herrman sold 20,000 shares of the company’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 completion of 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 owned by corporate insiders.

TJX has been the subject of several research reports. Zacks Investment Research raised TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 target price for the company in a research report on Tuesday, July 18th. BMO Capital Markets reaffirmed a “buy” rating and issued a $85.00 target price on shares of TJX Companies, Inc. (The) in a research report on Thursday, June 8th. BidaskClub raised TJX Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 28th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $76.00 target price on shares of TJX Companies, Inc. (The) in a research report on Monday, September 18th. Finally, Northcoast Research raised TJX Companies, Inc. (The) from a “neutral” rating to a “buy” rating and set a $86.00 target price for the company in a research report on Thursday, September 7th. They noted that the move was a valuation call. Five analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $83.15.

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Shares of TJX Companies, Inc. (TJX) opened at 73.65 on Thursday. The stock has a 50 day moving average price of $72.61 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. The firm has a market capitalization of $46.86 billion, a price-to-earnings ratio of 20.85 and a beta of 0.78.

TJX Companies, Inc. (The) (NYSE:TJX) last announced 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 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 business had revenue of $8.36 billion during the quarter, compared to the consensus estimate of $8.29 billion. During the same period in the prior year, the company earned $0.84 EPS. TJX Companies, Inc. (The)’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, equities research analysts forecast that TJX Companies, Inc. will post $3.93 earnings per share for the current year.

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

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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