Utah Retirement Systems continued to hold its position in The TJX Cos. (NYSE:TJX) during the third quarter, Holdings Channel reports. The fund owned 121,021 shares of the apparel and home fashions retailer’s stock at the end of the third quarter. Utah Retirement Systems’ holdings in The TJX Cos. were worth $9,050,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Dock Street Asset Management Inc. raised its position in The TJX Cos. by 0.5% in the second quarter. Dock Street Asset Management Inc. now owns 178,048 shares of the apparel and home fashions retailer’s stock worth $13,751,000 after buying an additional 904 shares during the last quarter. Ngam Advisors L.P. raised its position in The TJX Cos. by 54.8% in the second quarter. Ngam Advisors L.P. now owns 187,046 shares of the apparel and home fashions retailer’s stock worth $14,446,000 after buying an additional 66,240 shares during the last quarter. Seaward Management Limited Partnership raised its position in The TJX Cos. by 9.5% in the second quarter. Seaward Management Limited Partnership now owns 332,062 shares of the apparel and home fashions retailer’s stock worth $25,645,000 after buying an additional 28,740 shares during the last quarter. Capital Fund Management S.A. purchased a new position in The TJX Cos. during the second quarter worth about $46,705,000. Finally, Trillium Asset Management LLC raised its position in The TJX Cos. by 2.1% in the second quarter. Trillium Asset Management LLC now owns 255,495 shares of the apparel and home fashions retailer’s stock worth $19,732,000 after buying an additional 5,353 shares during the last quarter. 85.94% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for The TJX Cos. (NYSE:TJX)

The TJX Cos. (NYSE:TJX) traded down 0.095% during mid-day trading on Wednesday, reaching $78.735. 1,828,086 shares of the company’s stock traded hands. The stock has a market cap of $52.10 billion, a P/E ratio of 23.062 and a beta of 0.69. The firm has a 50-day moving average price of $74.73 and a 200-day moving average price of $76.63. The TJX Cos. has a 1-year low of $65.64 and a 1-year high of $83.64.

The TJX Cos. (NYSE:TJX) last posted its quarterly earnings results on Tuesday, November 15th. The apparel and home fashions retailer reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The firm had revenue of $8.29 billion for the quarter, compared to analysts’ expectations of $8.23 billion. The TJX Cos. had a return on equity of 53.12% and a net margin of 7.00%. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.86 EPS. Equities research analysts anticipate that The TJX Cos. will post $3.48 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 2nd. Shareholders of record on Thursday, February 9th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.32%. The TJX Cos.’s payout ratio is 30.41%.

WARNING: This report was first reported by Daily Political and is owned by of Daily Political. If you are viewing this report on another website, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this report can be read at http://www.dailypolitical.com/2016/11/30/utah-retirement-systems-maintains-position-in-the-tjx-cos-tjx.html.

TJX has been the subject of a number of analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating and set a $85.00 target price on shares of The TJX Cos. in a research note on Wednesday, October 12th. Guggenheim reaffirmed a “buy” rating and issued a $85.00 price target on shares of The TJX Cos. in a research note on Friday, September 30th. Wedbush upped their price target on shares of The TJX Cos. from $84.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 16th. Zacks Investment Research lowered shares of The TJX Cos. from a “buy” rating to a “hold” rating in a research note on Monday, October 24th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $92.00 price target on shares of The TJX Cos. in a research note on Wednesday, August 17th. Three research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the stock. The TJX Cos. has a consensus rating of “Buy” and an average price target of $83.64.

In other The TJX Cos. news, EVP Kenneth Canestrari sold 6,701 shares of the stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $79.56, for a total transaction of $533,131.56. Following the transaction, the executive vice president now directly owns 64,871 shares in the company, valued at approximately $5,161,136.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.30% of the company’s stock.

The TJX Cos. 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 are collectively the off-price retailer in the United States with a total of approximately 2,163 stores.

5 Day Chart for NYSE:TJX

Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Cos. (NYSE:TJX).

Receive News & Ratings for The TJX Cos. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The TJX Cos. and related companies with MarketBeat.com's FREE daily email newsletter.