BT Investment Management Ltd purchased a new stake in shares of TJX Companies, Inc. (The) (NYSE:TJX) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 801,039 shares of the apparel and home fashions retailer’s stock, valued at approximately $57,811,000. BT Investment Management Ltd owned approximately 0.12% of TJX Companies, Inc. (The) at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TJX. BlackRock Inc. grew 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 acquiring an additional 39,763,685 shares in the last quarter. Alliancebernstein L.P. grew 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 acquiring an additional 4,994,846 shares in the last quarter. Wellington Management Group LLP grew 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 acquiring an additional 3,339,536 shares in the last quarter. Ameriprise Financial Inc. grew 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 acquiring an additional 3,275,506 shares in the last quarter. Finally, Flossbach Von Storch AG grew 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 acquiring an additional 3,014,430 shares in the last quarter. Hedge funds and other institutional investors own 89.13% of the company’s stock.

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In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of the business’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $72.52, for a total value of $1,450,400.00. Following the completion of the sale, the chief executive officer now directly owns 480,821 shares of the company’s stock, valued at approximately $34,869,138.92. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.23% of the stock is owned by insiders.

Several brokerages recently issued reports on TJX. Royal Bank Of Canada set a $79.00 target price on shares of TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Monday, June 19th. BidaskClub lowered shares of TJX Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Instinet reiterated a “buy” rating and issued a $80.00 target price (down from $83.00) on shares of TJX Companies, Inc. (The) in a research report on Wednesday, August 16th. MKM Partners reiterated a “buy” rating and issued a $87.00 target price on shares of TJX Companies, Inc. (The) in a research report on Tuesday, September 12th. Finally, Nomura set a $80.00 target price on shares of TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Five analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $83.15.

TJX Companies, Inc. (TJX) opened at 73.60 on Friday. The company has a 50-day moving average of $72.77 and a 200-day moving average of $73.68. The company has a market capitalization of $46.83 billion, a P/E ratio of 20.83 and a beta of 0.78. TJX Companies, Inc. has a 1-year low of $66.66 and a 1-year high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last released its quarterly earnings data 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. The company had revenue of $8.36 billion during the quarter, compared to analysts’ expectations of $8.29 billion. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.84 EPS. Equities analysts expect that TJX Companies, Inc. will post $3.93 EPS for the current fiscal year.

The business also recently disclosed 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 1.70%. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is 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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