TJX Companies, Inc. (The) (TJX) Shares Sold by Bridgewater Associates LP

Bridgewater Associates LP lowered its position in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 8.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 82,387 shares of the apparel and home fashions retailer’s stock after selling 7,454 shares during the period. Bridgewater Associates LP’s holdings in TJX Companies, Inc. (The) were worth $6,515,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of TJX. M Holdings Securities Inc. raised its position in shares of TJX Companies, Inc. (The) by 0.4% in the fourth quarter. M Holdings Securities Inc. now owns 3,148 shares of the apparel and home fashions retailer’s stock worth $237,000 after buying an additional 12 shares during the period. WMS Partners LLC raised its position in shares of TJX Companies, Inc. (The) by 0.3% in the first quarter. WMS Partners LLC now owns 10,515 shares of the apparel and home fashions retailer’s stock worth $832,000 after buying an additional 33 shares during the period. Messner & Smith Theme Value Investment Management Ltd. CA raised its position in shares of TJX Companies, Inc. (The) by 0.4% in the first quarter. Messner & Smith Theme Value Investment Management Ltd. CA now owns 10,752 shares of the apparel and home fashions retailer’s stock worth $850,000 after buying an additional 40 shares during the period. Jackson Grant Investment Advisers Inc. raised its position in shares of TJX Companies, Inc. (The) by 0.3% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 15,089 shares of the apparel and home fashions retailer’s stock worth $1,134,000 after buying an additional 49 shares during the period. Finally, Concert Wealth Management Inc. raised its position in shares of TJX Companies, Inc. (The) by 0.5% in the first quarter. Concert Wealth Management Inc. now owns 11,322 shares of the apparel and home fashions retailer’s stock worth $853,000 after buying an additional 55 shares during the period. 89.56% of the stock is currently owned by institutional investors.

Shares of TJX Companies, Inc. (NYSE TJX) traded up 2.04% during midday trading on Wednesday, reaching $71.59. The company’s stock had a trading volume of 5,722,795 shares. TJX Companies, Inc. has a 12 month low of $66.65 and a 12 month high of $80.92. The stock has a 50-day moving average of $70.07 and a 200 day moving average of $74.88. The company has a market cap of $46.05 billion, a price-to-earnings ratio of 20.33 and a beta of 0.77. TJX Companies, Inc. (The) also was the recipient of some unusual options trading on Monday. Traders purchased 21,190 put options on the company. This is an increase of 1,148% compared to the average daily volume of 1,698 put options.

TJX Companies, Inc. (The) (NYSE:TJX) last posted its earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01. TJX Companies, Inc. (The) had a return on equity of 53.34% and a net margin of 6.96%. The firm had revenue of $8.36 billion during the quarter, compared to analysts’ expectations of $8.29 billion. During the same period in the previous year, the firm earned $0.84 earnings per share. The company’s revenue was up 6.0% on a year-over-year basis. On average, analysts predict that TJX Companies, Inc. will post $3.89 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 10th will be paid a $0.3125 dividend. The ex-dividend date is Tuesday, August 8th. This represents a $1.25 dividend on an annualized basis and a yield of 1.75%. TJX Companies, Inc. (The)’s payout ratio is 35.51%.

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TJX has been the subject of several research reports. Cowen and Company set a $80.00 target price on TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday, May 17th. Nomura reaffirmed a “buy” rating and set a $84.00 target price on shares of TJX Companies, Inc. (The) in a research note on Wednesday, May 17th. Zacks Investment Research raised TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research note on Tuesday, April 25th. Instinet reaffirmed a “buy” rating and set a $84.00 target price (down previously from $87.00) on shares of TJX Companies, Inc. (The) in a research note on Wednesday, May 17th. Finally, Royal Bank Of Canada set a $79.00 target price on TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Monday, June 19th. Four research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $82.61.

In other TJX Companies, Inc. (The) news, EVP Kenneth Canestrari sold 4,000 shares of the business’s stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $75.80, for a total value of $303,200.00. Following the completion of the transaction, the executive vice president now directly owns 86,243 shares of the company’s stock, valued at $6,537,219.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.23% of the stock is currently owned by insiders.

TJX Companies, Inc. (The) 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, Inc. (The) (NYSE:TJX)

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