Amalgamated Bank lessened its stake in TJX Companies Inc (NYSE:TJX) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 95,052 shares of the apparel and home fashions retailer’s stock after selling 2,954 shares during the quarter. Amalgamated Bank’s holdings in TJX Companies were worth $10,648,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its stake in TJX Companies by 1.4% in the 3rd quarter. Wells Fargo & Company MN now owns 5,766,367 shares of the apparel and home fashions retailer’s stock valued at $645,949,000 after buying an additional 79,223 shares during the period. Steinberg Global Asset Management increased its stake in TJX Companies by 19.2% in the 3rd quarter. Steinberg Global Asset Management now owns 7,100 shares of the apparel and home fashions retailer’s stock valued at $795,000 after buying an additional 1,146 shares during the period. Gardiner Nancy B acquired a new position in TJX Companies in the 3rd quarter valued at approximately $498,000. Huntington National Bank increased its stake in TJX Companies by 0.8% in the 3rd quarter. Huntington National Bank now owns 200,452 shares of the apparel and home fashions retailer’s stock valued at $22,455,000 after buying an additional 1,629 shares during the period. Finally, WINTON GROUP Ltd increased its stake in TJX Companies by 5,860.9% in the 3rd quarter. WINTON GROUP Ltd now owns 212,983 shares of the apparel and home fashions retailer’s stock valued at $23,858,000 after buying an additional 209,410 shares during the period. Hedge funds and other institutional investors own 44.59% of the company’s stock.

TJX opened at $46.46 on Friday. The company has a quick ratio of 0.63, a current ratio of 1.55 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $58.37 billion, a price-to-earnings ratio of 22.84, a P/E/G ratio of 1.77 and a beta of 0.61. TJX Companies Inc has a 1-year low of $36.41 and a 1-year high of $56.64.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Tuesday, November 20th. The apparel and home fashions retailer reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.02. The firm had revenue of $9.83 billion during the quarter, compared to analysts’ expectations of $9.50 billion. TJX Companies had a net margin of 7.98% and a return on equity of 59.74%. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.00 EPS. As a group, equities research analysts forecast that TJX Companies Inc will post 2.45 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 7th. Shareholders of record on Thursday, February 14th will be given a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Wednesday, February 13th. TJX Companies’s payout ratio is presently 38.61%.

Several research analysts have weighed in on the stock. Morgan Stanley upped their price objective on shares of TJX Companies from $49.50 to $59.50 and gave the company an “overweight” rating in a research note on Thursday, August 23rd. MKM Partners set a $60.00 target price on shares of TJX Companies and gave the stock a “buy” rating in a research report on Wednesday, August 22nd. Royal Bank of Canada boosted their target price on shares of TJX Companies to $57.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 22nd. Wells Fargo & Co boosted their target price on shares of TJX Companies from $41.50 to $56.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 22nd. Finally, ValuEngine downgraded shares of TJX Companies from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 7th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seventeen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $53.19.

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TJX Companies Profile

The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall d├ęcor, decorative accessories, giftware, lighting, soft home, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry; and other merchandise.

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

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