WMS Partners LLC raised its stake in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 0.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,515 shares of the apparel and home fashions retailer’s stock after buying an additional 33 shares during the period. WMS Partners LLC’s holdings in TJX Companies, Inc. (The) were worth $832,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in TJX. Park National Corp OH increased its position in TJX Companies, Inc. (The) by 5.1% in the first quarter. Park National Corp OH now owns 25,671 shares of the apparel and home fashions retailer’s stock valued at $2,030,000 after buying an additional 1,241 shares during the period. Pensionfund DSM Netherlands increased its position in TJX Companies, Inc. (The) by 0.4% in the first quarter. Pensionfund DSM Netherlands now owns 52,300 shares of the apparel and home fashions retailer’s stock valued at $4,136,000 after buying an additional 200 shares during the period. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in TJX Companies, Inc. (The) during the fourth quarter valued at approximately $1,586,000. Kentucky Retirement Systems acquired a new position in TJX Companies, Inc. (The) during the fourth quarter valued at approximately $3,554,000. Finally, Pegasus Partners Ltd. increased its position in TJX Companies, Inc. (The) by 0.6% in the fourth quarter. Pegasus Partners Ltd. now owns 22,764 shares of the apparel and home fashions retailer’s stock valued at $1,710,000 after buying an additional 135 shares during the period. Institutional investors and hedge funds own 88.95% of the company’s stock.

TJX Companies, Inc. (NYSE TJX) opened at 70.36 on Tuesday. TJX Companies, Inc. has a one year low of $68.22 and a one year high of $83.64. The company has a 50-day moving average of $73.56 and a 200-day moving average of $76.31. The company has a market cap of $45.26 billion, a price-to-earnings ratio of 19.98 and a beta of 0.78.

TJX Companies, Inc. (The) (NYSE:TJX) last issued its earnings results on Tuesday, May 16th. The apparel and home fashions retailer reported $0.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.03. The business had revenue of $7.78 billion during the quarter, compared to analyst estimates of $7.88 billion. TJX Companies, Inc. (The) had a return on equity of 53.34% and a net margin of 6.96%. TJX Companies, Inc. (The)’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.76 earnings per share. Equities research analysts expect that TJX Companies, Inc. will post $3.89 EPS for the current fiscal year.

The company 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. This represents a $1.25 annualized dividend and a yield of 1.78%. The ex-dividend date is Tuesday, August 8th. TJX Companies, Inc. (The)’s dividend payout ratio is currently 35.51%.

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Several equities analysts recently commented on the stock. Instinet upped their price target on shares of TJX Companies, Inc. (The) from $83.00 to $87.00 and gave the company a “buy” rating in a research note on Monday, April 3rd. Zacks Investment Research downgraded shares of TJX Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Wednesday, April 26th. Royal Bank Of Canada set a $82.00 price target on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Monday, March 27th. Credit Suisse Group restated a “hold” rating and issued a $79.00 price target on shares of TJX Companies, Inc. (The) in a research note on Wednesday, May 17th. Finally, BMO Capital Markets restated a “buy” rating and issued a $85.00 price target on shares of TJX Companies, Inc. (The) in a research note on Thursday, June 8th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $84.61.

In other TJX Companies, Inc. (The) news, CFO Scott Goldenberg sold 15,571 shares of the company’s stock in a transaction that occurred on Wednesday, April 19th. The stock was sold at an average price of $77.14, for a total value of $1,201,146.94. Following the completion of the sale, the chief financial officer now owns 105,844 shares of the company’s stock, valued at $8,164,806.16. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Richard Sherr sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, April 21st. The stock was sold at an average price of $78.13, for a total value of $1,562,600.00. Following the completion of the sale, the executive vice president now directly owns 121,179 shares of the company’s stock, valued at approximately $9,467,715.27. The disclosure for this sale can be found here. In the last ninety days, insiders sold 40,750 shares of company stock valued at $3,156,056. 0.23% of the stock is owned by insiders.

About TJX Companies, Inc. (The)

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, Inc. (The) (NYSE:TJX)

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