Chevy Chase Trust Holdings Inc. decreased its stake in TJX Companies Inc (NYSE:TJX) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 940,973 shares of the apparel and home fashions retailer’s stock after selling 27,214 shares during the quarter. Chevy Chase Trust Holdings Inc.’s holdings in TJX Companies were worth $71,946,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Zions Bancorporation boosted its position in TJX Companies by 185.9% during the third quarter. Zions Bancorporation now owns 1,358 shares of the apparel and home fashions retailer’s stock worth $100,000 after purchasing an additional 883 shares in the last quarter. Lenox Wealth Management Inc. purchased a new position in TJX Companies during the second quarter worth approximately $141,000. Jacobi Capital Management LLC boosted its position in TJX Companies by 20.2% during the second quarter. Jacobi Capital Management LLC now owns 2,101 shares of the apparel and home fashions retailer’s stock worth $144,000 after purchasing an additional 353 shares in the last quarter. Highlander Capital Management LLC boosted its position in TJX Companies by 31.3% during the second quarter. Highlander Capital Management LLC now owns 2,100 shares of the apparel and home fashions retailer’s stock worth $150,000 after purchasing an additional 500 shares in the last quarter. Finally, FTB Advisors Inc. boosted its position in TJX Companies by 1.6% during 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. Hedge funds and other institutional investors own 90.59% of the company’s stock.

A number of brokerages have issued reports on TJX. Jefferies Group reiterated a “hold” rating and set a $75.00 price target on shares of TJX Companies in a research report on Thursday, September 28th. Zacks Investment Research upgraded TJX Companies from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a research report on Saturday. Nomura reiterated a “buy” rating and set a $87.00 price target (up previously from $75.00) on shares of TJX Companies in a research report on Wednesday, January 17th. Goldman Sachs Group set a $79.00 price target on TJX Companies and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, Citigroup lowered their price target on TJX Companies from $88.00 to $81.00 and set a “buy” rating on the stock in a research report on Wednesday, November 15th. Four equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $82.53.

Shares of TJX Companies Inc (NYSE TJX) traded up $1.64 during trading on Monday, hitting $78.89. The company’s stock had a trading volume of 4,564,100 shares, compared to its average volume of 3,732,800. TJX Companies Inc has a fifty-two week low of $66.44 and a fifty-two week high of $80.92. The firm has a market capitalization of $50,060.00, a PE ratio of 21.32, a P/E/G ratio of 1.89 and a beta of 0.75. The company has a quick ratio of 0.67, a current ratio of 1.53 and a debt-to-equity ratio of 0.48.

TJX Companies (NYSE:TJX) last announced its earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 EPS for the quarter, meeting analysts’ consensus estimates of $1.00. TJX Companies had a return on equity of 52.79% and a net margin of 7.01%. The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.86 billion. During the same quarter in the prior year, the firm earned $0.91 earnings per share. The business’s revenue was up 5.7% compared to the same quarter last year. equities analysts forecast that TJX Companies Inc will post 3.93 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be issued a dividend of $0.3125 per share. The ex-dividend date is Wednesday, February 14th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.58%. TJX Companies’s 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.

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

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