Cornerstone Capital Management Holdings LLC. cut its holdings in shares of TJX Companies Inc (NYSE:TJX) by 1.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 109,228 shares of the apparel and home fashions retailer’s stock after selling 1,858 shares during the quarter. Cornerstone Capital Management Holdings LLC.’s holdings in TJX Companies were worth $8,053,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jacobi Capital Management LLC grew its holdings in shares of TJX Companies by 12.9% during the 1st quarter. Jacobi Capital Management LLC now owns 1,748 shares of the apparel and home fashions retailer’s stock worth $133,000 after purchasing an additional 200 shares during the period. Lenox Wealth Management Inc. purchased a new position in TJX Companies during the 2nd quarter valued at about $141,000. Mosaic Family Wealth LLC boosted its holdings in TJX Companies by 7.2% during the 2nd quarter. Mosaic Family Wealth LLC now owns 1,996 shares of the apparel and home fashions retailer’s stock valued at $144,000 after acquiring an additional 134 shares during the period. Oakworth Capital Inc. boosted its holdings in TJX Companies by 10.1% during the 2nd quarter. Oakworth Capital Inc. now owns 2,024 shares of the apparel and home fashions retailer’s stock valued at $146,000 after acquiring an additional 185 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in TJX Companies by 4.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,029 shares of the apparel and home fashions retailer’s stock valued at $147,000 after acquiring an additional 93 shares during the period. Institutional investors and hedge funds own 90.94% of the company’s stock.

Shares of TJX Companies Inc (NYSE:TJX) traded up $0.32 on Wednesday, hitting $73.62. The stock had a trading volume of 5,204,300 shares, compared to its average volume of 4,227,774. The company has a quick ratio of 0.67, a current ratio of 1.53 and a debt-to-equity ratio of 0.48. The stock has a market cap of $46,347.78, a PE ratio of 19.81, a PEG ratio of 1.76 and a beta of 0.75. TJX Companies Inc has a fifty-two week low of $66.44 and a fifty-two week high of $80.92.

TJX Companies (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 the consensus estimate of $1.00. The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.86 billion. TJX Companies had a return on equity of 52.79% and a net margin of 7.01%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 EPS. research analysts forecast 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, March 8th. Stockholders of record on Thursday, February 15th will be paid a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Wednesday, February 14th. TJX Companies’s payout ratio is presently 33.78%.

A number of brokerages recently commented on TJX. Cowen set a $88.00 target price on TJX Companies and gave the company a “buy” rating in a report on Wednesday. Goldman Sachs Group cut TJX Companies from a “conviction-buy” rating to a “buy” rating and set a $79.00 target price for the company. in a report on Tuesday, December 5th. Nomura lowered their target price on TJX Companies from $80.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, November 15th. Morgan Stanley lowered their target price on TJX Companies from $86.00 to $85.00 and set an “overweight” rating for the company in a report on Wednesday, November 15th. Finally, Buckingham Research lowered their target price on TJX Companies from $85.00 to $82.00 and set a “buy” rating for the company in a report on Wednesday, November 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company’s stock. TJX Companies has a consensus rating of “Buy” and an average price target of $81.95.

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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.

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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