Camden National Bank lifted its holdings in TJX Companies, Inc. (The) (NYSE:TJX) by 6.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,572 shares of the apparel and home fashions retailer’s stock after buying an additional 3,453 shares during the quarter. Camden National Bank’s holdings in TJX Companies, Inc. (The) were worth $4,393,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in TJX. Vanguard Group Inc. boosted its stake in TJX Companies, Inc. (The) by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 47,816,796 shares of the apparel and home fashions retailer’s stock worth $3,450,938,000 after purchasing an additional 708,532 shares in the last quarter. BlackRock Inc. boosted its stake in TJX Companies, Inc. (The) by 4.8% in the 2nd quarter. BlackRock Inc. now owns 43,767,923 shares of the apparel and home fashions retailer’s stock worth $3,158,729,000 after purchasing an additional 1,996,874 shares in the last quarter. State Street Corp boosted its stake in TJX Companies, Inc. (The) by 6.6% in the 1st quarter. State Street Corp now owns 28,798,593 shares of the apparel and home fashions retailer’s stock worth $2,277,402,000 after purchasing an additional 1,773,046 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in TJX Companies, Inc. (The) by 0.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,467,659 shares of the apparel and home fashions retailer’s stock valued at $610,888,000 after acquiring an additional 51,364 shares during the period. Finally, Alliancebernstein L.P. lifted its stake in TJX Companies, Inc. (The) by 278.1% during the 2nd 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 acquiring an additional 4,994,846 shares during the period. 88.93% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of TJX Companies, Inc. (NYSE TJX) traded down $0.66 on Thursday, reaching $70.57. 3,767,873 shares of the company’s stock were exchanged, compared to its average volume of 4,177,538. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.67 and a current ratio of 1.53. TJX Companies, Inc. has a twelve month low of $66.44 and a twelve month high of $80.92. The stock has a market cap of $45,321.81, a price-to-earnings ratio of 19.25, a P/E/G ratio of 1.71 and a beta of 0.72.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its quarterly earnings data on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.00. TJX Companies, Inc. (The) had a net margin of 7.01% and a return on equity of 52.79%. The business had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.86 billion. During the same period last year, the firm posted $0.91 EPS. The company’s revenue was up 5.7% on a year-over-year basis. equities research analysts expect that TJX Companies, Inc. will post 3.93 EPS for the current year.

The company 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. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.77%. TJX Companies, Inc. (The)’s dividend payout ratio is currently 33.78%.

Several research firms have issued reports on TJX. Instinet restated a “buy” rating and set 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 set 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 price target on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, August 16th. BMO Capital Markets reaffirmed an “outperform” rating on shares of TJX Companies, Inc. (The) in a research report on Tuesday, September 12th. Finally, Goldman Sachs Group, Inc. (The) 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 Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seventeen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $81.50.

In other news, CEO Ernie Herrman sold 20,000 shares of the stock in a transaction that occurred 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 transaction, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.23% of the stock is currently owned by corporate insiders.

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.

Institutional Ownership by Quarter for TJX Companies, Inc. (The) (NYSE:TJX)

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