HS Management Partners LLC raised its holdings in TJX Companies, Inc. (The) (NYSE:TJX) by 67.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,605,095 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,047,345 shares during the quarter. TJX Companies, Inc. (The) comprises approximately 6.2% of HS Management Partners LLC’s portfolio, making the stock its 6th largest holding. HS Management Partners LLC owned about 0.40% of TJX Companies, Inc. (The) worth $188,010,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of TJX. BlackRock Inc. increased its stake 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 valued at $3,303,255,000 after purchasing an additional 39,763,685 shares during the period. Alliancebernstein L.P. increased its stake 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 valued at $490,110,000 after purchasing an additional 4,994,846 shares during the period. Wellington Management Group LLP increased its stake 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 valued at $1,637,238,000 after purchasing an additional 3,339,536 shares during the period. Ameriprise Financial Inc. increased its stake 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 valued at $665,521,000 after purchasing an additional 3,275,506 shares during the period. Finally, Flossbach Von Storch AG increased its stake 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 valued at $299,651,000 after purchasing an additional 3,014,430 shares during the period. 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 firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $34,869,138.92. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.23% of the stock is currently owned by company insiders.

TJX Companies, Inc. (NYSE TJX) opened at 73.60 on Friday. TJX Companies, Inc. has a 12 month low of $66.66 and a 12 month high of $80.92. The firm’s 50-day moving average is $72.77 and its 200 day moving average is $73.68. The firm has a market capitalization of $46.83 billion, a price-to-earnings ratio of 20.83 and a beta of 0.78.

TJX Companies, Inc. (The) (NYSE:TJX) last released its earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.84 by $0.01. The firm had revenue of $8.36 billion for 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%. TJX Companies, Inc. (The)’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the company earned $0.84 EPS. Equities analysts predict that TJX Companies, Inc. will post $3.93 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be paid a dividend of $0.3125 per share. 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 payout ratio is 35.41%.

A number of research analysts have commented on the stock. Jefferies Group LLC restated a “hold” rating and issued a $75.00 price objective on shares of TJX Companies, Inc. (The) in a research note on Thursday, September 28th. Royal Bank Of Canada restated a “buy” rating and issued a $76.00 price objective on shares of TJX Companies, Inc. (The) in a research note on Monday, September 18th. Sanford C. Bernstein assumed coverage on shares of TJX Companies, Inc. (The) in a research note on Tuesday, September 12th. They issued an “outperform” rating and a $88.00 price objective on the stock. MKM Partners restated a “buy” rating and issued a $87.00 price objective on shares of TJX Companies, Inc. (The) in a research note on Tuesday, September 12th. Finally, BMO Capital Markets restated an “outperform” rating on shares of TJX Companies, Inc. (The) in a research note on Tuesday, September 12th. Five research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $83.15.

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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