Nationwide Fund Advisors lifted its holdings in TJX Companies Inc (NYSE:TJX) by 4.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,007 shares of the apparel and home fashions retailer’s stock after purchasing an additional 8,168 shares during the quarter. Nationwide Fund Advisors’ holdings in TJX Companies were worth $14,525,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Fort Pitt Capital Group LLC lifted its position in shares of TJX Companies by 0.5% in the second quarter. Fort Pitt Capital Group LLC now owns 3,124 shares of the apparel and home fashions retailer’s stock worth $225,000 after purchasing an additional 17 shares in the last quarter. Summit Asset Management LLC lifted its position in shares of TJX Companies by 0.7% in the second quarter. Summit Asset Management LLC now owns 4,500 shares of the apparel and home fashions retailer’s stock worth $325,000 after purchasing an additional 30 shares in the last quarter. Reliance Trust Co. of Delaware lifted its position in shares of TJX Companies by 0.9% in the second quarter. Reliance Trust Co. of Delaware now owns 3,487 shares of the apparel and home fashions retailer’s stock worth $251,000 after purchasing an additional 31 shares in the last quarter. FTB Advisors Inc. lifted its position in shares of TJX Companies by 1.6% in the second quarter. FTB Advisors Inc. now owns 2,235 shares of the apparel and home fashions retailer’s stock worth $159,000 after purchasing an additional 36 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. lifted its position in shares of TJX Companies by 1.2% in the second quarter. C M Bidwell & Associates Ltd. now owns 4,095 shares of the apparel and home fashions retailer’s stock worth $296,000 after purchasing an additional 50 shares in the last quarter. 90.38% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently commented on TJX shares. Zacks Investment Research raised shares of TJX Companies from a “hold” rating to a “buy” rating and set a $82.00 price objective on the stock in a research report on Tuesday, October 10th. Nomura cut their price objective on shares of TJX Companies from $80.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, November 15th. Morgan Stanley cut their price objective on shares of TJX Companies from $86.00 to $85.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 15th. Royal Bank Of Canada set a $70.00 price objective on shares of TJX Companies and gave the stock an “outperform” rating in a research report on Tuesday, November 14th. Finally, Jefferies Group reissued a “hold” rating and issued a $75.00 price objective on shares of TJX Companies in a research report on Thursday, September 28th. One analyst has rated the stock with a sell rating, three have given a hold rating and seventeen have given a buy rating to the company. TJX Companies has an average rating of “Buy” and a consensus price target of $81.50.

TJX Companies Inc (NYSE TJX) traded down $0.20 during trading hours on Friday, hitting $75.35. 5,217,800 shares of the company’s stock traded hands, compared to its average volume of 5,894,678. TJX Companies Inc has a 12-month low of $66.44 and a 12-month high of $80.92. The firm has a market capitalization of $47,770.46, a P/E ratio of 20.42, a P/E/G ratio of 1.81 and a beta of 0.75. 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 (NYSE:TJX) last released its quarterly earnings data on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.00. TJX Companies had a net margin of 7.01% and a return on equity of 52.79%. The firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.86 billion. During the same period in the previous year, the company earned $0.91 earnings per share. 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 business also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th were issued a $0.3125 dividend. The ex-dividend date of this dividend was Wednesday, November 8th. This represents a $1.25 annualized dividend and a dividend yield of 1.66%. TJX Companies’s dividend payout ratio is currently 33.78%.

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TJX Companies Company 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 (NYSE:TJX)

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