Donaldson Capital Management LLC lessened its holdings in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 5.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,770 shares of the apparel and home fashions retailer’s stock after selling 2,681 shares during the period. Donaldson Capital Management LLC’s holdings in TJX Companies, Inc. (The) were worth $3,301,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Scotia Capital Inc. lifted its holdings in shares of TJX Companies, Inc. (The) by 9.4% during the 2nd quarter. Scotia Capital Inc. now owns 54,407 shares of the apparel and home fashions retailer’s stock valued at $3,926,000 after purchasing an additional 4,661 shares during the last quarter. Northern Capital Management LLC raised its stake in TJX Companies, Inc. (The) by 34.5% in the 3rd quarter. Northern Capital Management LLC now owns 53,580 shares of the apparel and home fashions retailer’s stock worth $3,950,000 after acquiring an additional 13,750 shares during the last quarter. Tillar Wenstrup Advisors LLC purchased a new position in TJX Companies, Inc. (The) in the 3rd quarter worth $2,083,000. Gofen & Glossberg LLC IL raised its stake in TJX Companies, Inc. (The) by 7.9% in the 2nd quarter. Gofen & Glossberg LLC IL now owns 38,532 shares of the apparel and home fashions retailer’s stock worth $2,781,000 after acquiring an additional 2,835 shares during the last quarter. Finally, Curbstone Financial Management Corp raised its stake in TJX Companies, Inc. (The) by 100.0% in the 3rd quarter. Curbstone Financial Management Corp now owns 34,872 shares of the apparel and home fashions retailer’s stock worth $2,571,000 after acquiring an additional 17,436 shares during the last quarter. Hedge funds and other institutional investors own 89.51% of the company’s stock.

A number of brokerages recently issued reports on TJX. Instinet restated a “buy” rating and issued a $80.00 target price (down previously from $83.00) on shares of TJX Companies, Inc. (The) in a research note on Wednesday, August 16th. MKM Partners restated a “buy” rating and issued a $87.00 target price on shares of TJX Companies, Inc. (The) in a research note on Tuesday, September 12th. Nomura set a $80.00 target price on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Wednesday, August 16th. BMO Capital Markets restated an “outperform” rating on shares of TJX Companies, Inc. (The) in a research note on Tuesday, September 12th. Finally, Goldman Sachs Group, Inc. (The) set a $79.00 target price on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, three have issued a hold rating and seventeen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $81.50.

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

TRADEMARK VIOLATION NOTICE: “Donaldson Capital Management LLC Has $3.30 Million Stake in TJX Companies, Inc. (The) (TJX)” was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/11/19/donaldson-capital-management-llc-has-3-30-million-stake-in-tjx-companies-inc-the-tjx.html.

TJX Companies, Inc. (NYSE:TJX) traded up $1.96 during trading hours on Friday, hitting $71.02. The stock had a trading volume of 7,837,480 shares, compared to its average volume of 5,257,096. TJX Companies, Inc. has a 52-week low of $66.44 and a 52-week high of $80.92. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 0.80. The firm has a market cap of $45,188.18, a PE ratio of 19.19, a PEG ratio of 1.70 and a beta of 0.72.

TJX Companies, Inc. (The) (NYSE:TJX) last posted its earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.00. TJX Companies, Inc. (The) had a return on equity of 52.79% and a net margin of 7.01%. The firm had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.86 billion. During the same period last year, the firm earned $0.91 EPS. The company’s quarterly revenue was up 5.7% on a year-over-year basis. equities research analysts expect that TJX Companies, Inc. will post 3.93 earnings per share for the current 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 given a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 33.78%.

About TJX Companies, Inc. (The)

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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