Whittier Trust Co. of Nevada Inc. increased its holdings in TJX Companies Inc (NYSE:TJX) by 2.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 165,349 shares of the apparel and home fashions retailer’s stock after acquiring an additional 4,392 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in TJX Companies were worth $9,217,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of TJX. Nuveen Asset Management LLC grew its position in TJX Companies by 1,753.1% in the second quarter. Nuveen Asset Management LLC now owns 6,448,008 shares of the apparel and home fashions retailer’s stock worth $340,971,000 after acquiring an additional 6,100,049 shares during the period. BlackRock Inc. grew its position in TJX Companies by 6.1% in the second quarter. BlackRock Inc. now owns 91,057,292 shares of the apparel and home fashions retailer’s stock worth $4,815,108,000 after acquiring an additional 5,274,627 shares during the period. Renaissance Technologies LLC grew its position in TJX Companies by 3,058.2% in the second quarter. Renaissance Technologies LLC now owns 1,980,201 shares of the apparel and home fashions retailer’s stock worth $104,713,000 after acquiring an additional 1,917,501 shares during the period. California Public Employees Retirement System grew its position in TJX Companies by 21.3% in the second quarter. California Public Employees Retirement System now owns 9,691,809 shares of the apparel and home fashions retailer’s stock worth $512,503,000 after acquiring an additional 1,701,891 shares during the period. Finally, Vanguard Group Inc. grew its position in TJX Companies by 1.7% in the second quarter. Vanguard Group Inc. now owns 98,880,165 shares of the apparel and home fashions retailer’s stock worth $5,228,784,000 after acquiring an additional 1,697,819 shares during the period. Institutional investors own 89.34% of the company’s stock.

Several brokerages recently weighed in on TJX. Nomura increased their price objective on TJX Companies from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, June 25th. DA Davidson set a $65.00 price target on TJX Companies and gave the stock a “buy” rating in a research note on Wednesday, August 21st. ValuEngine cut TJX Companies from a “sell” rating to a “strong sell” rating in a research note on Monday, September 16th. UBS Group upgraded TJX Companies from a “sell” rating to a “neutral” rating and upped their price target for the stock from $41.00 to $58.00 in a research note on Tuesday, September 17th. Finally, Zacks Investment Research upgraded TJX Companies from a “sell” rating to a “hold” rating and set a $64.00 price target on the stock in a research note on Friday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $59.89.

NYSE:TJX traded down $0.13 during trading hours on Friday, reaching $60.36. 5,851,745 shares of the stock were exchanged, compared to its average volume of 4,961,058. The company has a quick ratio of 0.48, a current ratio of 1.25 and a debt-to-equity ratio of 1.88. The business has a 50-day moving average of $56.15 and a two-hundred day moving average of $54.13. TJX Companies Inc has a twelve month low of $41.49 and a twelve month high of $60.89. The company has a market capitalization of $73.13 billion, a price-to-earnings ratio of 28.61, a PEG ratio of 2.18 and a beta of 0.68.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Tuesday, August 20th. The apparel and home fashions retailer reported $0.62 EPS for the quarter, hitting analysts’ consensus estimates of $0.62. The company had revenue of $9.78 billion for the quarter, compared to analysts’ expectations of $9.89 billion. TJX Companies had a return on equity of 57.64% and a net margin of 7.66%. The firm’s revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.17 earnings per share. On average, research analysts forecast that TJX Companies Inc will post 2.61 EPS for the current fiscal year.

The business also recently disclosed a — dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be paid a $0.23 dividend. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Wednesday, November 13th. TJX Companies’s payout ratio is currently 43.60%.

TJX Companies Company 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, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise.

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

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