Keel Point LLC increased its stake in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 0.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,846 shares of the apparel and home fashions retailer’s stock after buying an additional 5 shares during the period. Keel Point LLC’s holdings in TJX Companies, Inc. (The) were worth $225,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. bought a new stake in TJX Companies, Inc. (The) during the first quarter valued at $12,552,000. Logan Capital Management Inc. raised its stake in TJX Companies, Inc. (The) by 0.6% in the first quarter. Logan Capital Management Inc. now owns 18,100 shares of the apparel and home fashions retailer’s stock valued at $1,431,000 after buying an additional 100 shares in the last quarter. Marsico Capital Management LLC bought a new stake in TJX Companies, Inc. (The) during the first quarter valued at $4,077,000. Schwab Charles Investment Management Inc. raised its stake in TJX Companies, Inc. (The) by 9.8% in the first quarter. Schwab Charles Investment Management Inc. now owns 2,233,427 shares of the apparel and home fashions retailer’s stock valued at $176,620,000 after buying an additional 200,129 shares in the last quarter. Finally, United Capital Financial Advisers LLC raised its stake in TJX Companies, Inc. (The) by 4.7% in the first quarter. United Capital Financial Advisers LLC now owns 51,150 shares of the apparel and home fashions retailer’s stock valued at $4,045,000 after buying an additional 2,295 shares in the last quarter. Institutional investors own 89.27% of the company’s stock.

TJX Companies, Inc. (TJX) traded up 0.80% on Friday, reaching $70.16. The company’s stock had a trading volume of 3,323,160 shares. TJX Companies, Inc. has a 12 month low of $66.65 and a 12 month high of $83.64. The firm has a market cap of $45.13 billion, a P/E ratio of 19.92 and a beta of 0.77. The firm’s 50 day moving average is $70.27 and its 200-day moving average is $75.23.

TJX Companies, Inc. (The) (NYSE:TJX) last posted its earnings results on Tuesday, May 16th. The apparel and home fashions retailer reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.03. The firm had revenue of $7.78 billion for the quarter, compared to analysts’ expectations of $7.88 billion. TJX Companies, Inc. (The) had a net margin of 6.96% and a return on equity of 53.34%. The company’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.76 earnings per share. On average, equities research analysts anticipate that TJX Companies, Inc. will post $3.89 EPS for the current year.

The business 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 dividend of $0.3125 per share. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.78%. TJX Companies, Inc. (The)’s payout ratio is presently 35.51%.

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Several equities research analysts have recently weighed in on the company. BidaskClub upgraded TJX Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Wednesday. Credit Suisse Group set a $72.00 price objective on TJX Companies, Inc. (The) and gave the company a “neutral” rating in a research note on Wednesday. Zacks Investment Research upgraded TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 price objective on the stock in a research note on Tuesday, July 18th. BMO Capital Markets set a $85.00 price objective on TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Monday, July 17th. Finally, Royal Bank Of Canada set a $79.00 target price on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a report on Monday, June 19th. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. TJX Companies, Inc. (The) has an average rating of “Buy” and a consensus target price of $83.72.

In other TJX Companies, Inc. (The) news, EVP Richard Sherr sold 1,179 shares of the business’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $75.58, for a total transaction of $89,108.82. Following the sale, the executive vice president now owns 120,000 shares of the company’s stock, valued at $9,069,600. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kenneth Canestrari sold 4,000 shares of the business’s stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $75.80, for a total transaction of $303,200.00. Following the sale, the executive vice president now directly owns 86,243 shares in the company, valued at approximately $6,537,219.40. The disclosure for this sale can be found here. Insiders own 0.23% of the company’s stock.

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.

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Institutional Ownership by Quarter for TJX Companies, Inc. (The) (NYSE:TJX)

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