Sii Investments Inc. WI increased its position in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 3.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,462 shares of the apparel and home fashions retailer’s stock after buying an additional 268 shares during the period. Sii Investments Inc. WI’s holdings in TJX Companies, Inc. (The) were worth $591,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Charter Trust Co. bought a new stake in TJX Companies, Inc. (The) during the first quarter worth about $252,000. Stock Yards Bank & Trust Co. raised its stake in TJX Companies, Inc. (The) by 5.9% in the first quarter. Stock Yards Bank & Trust Co. now owns 78,800 shares of the apparel and home fashions retailer’s stock worth $6,231,000 after buying an additional 4,383 shares during the period. Sheets Smith Wealth Management raised its stake in TJX Companies, Inc. (The) by 2.0% in the first quarter. Sheets Smith Wealth Management now owns 29,698 shares of the apparel and home fashions retailer’s stock worth $2,348,000 after buying an additional 585 shares during the period. Chesley Taft & Associates LLC raised its stake in TJX Companies, Inc. (The) by 0.7% in the first quarter. Chesley Taft & Associates LLC now owns 29,798 shares of the apparel and home fashions retailer’s stock worth $2,356,000 after buying an additional 200 shares during the period. Finally, Gulf International Bank UK Ltd raised its stake in TJX Companies, Inc. (The) by 1.3% in the first quarter. Gulf International Bank UK Ltd now owns 205,291 shares of the apparel and home fashions retailer’s stock worth $16,234,000 after buying an additional 2,630 shares during the period. Institutional investors and hedge funds own 89.85% of the company’s stock.

TJX Companies, Inc. (NYSE TJX) traded up 0.61% on Monday, reaching $70.59. The company’s stock had a trading volume of 488,262 shares. The stock’s 50 day moving average is $70.27 and its 200-day moving average is $75.23. TJX Companies, Inc. has a 52 week low of $66.65 and a 52 week high of $83.64. The firm has a market capitalization of $45.41 billion, a PE ratio of 20.04 and a beta of 0.77.

TJX Companies, Inc. (The) (NYSE:TJX) last issued its quarterly earnings results on Tuesday, May 16th. The apparel and home fashions retailer reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.03. TJX Companies, Inc. (The) had a return on equity of 53.34% and a net margin of 6.96%. The firm had revenue of $7.78 billion for the quarter, compared to analyst estimates of $7.88 billion. During the same period in the previous year, the company posted $0.76 earnings per share. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. Analysts predict that TJX Companies, Inc. will post $3.89 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Thursday, August 10th will be paid a dividend of $0.3125 per share. The ex-dividend date is Tuesday, August 8th. This represents a $1.25 annualized dividend and a yield of 1.78%. TJX Companies, Inc. (The)’s dividend payout ratio is 35.51%.

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TJX has been the subject of a number of recent research reports. Zacks Investment Research upgraded 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. Morgan Stanley upgraded TJX Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and set a $86.00 target price for the company in a research note on Wednesday, May 17th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $79.00 target price (down previously from $82.00) on shares of TJX Companies, Inc. (The) in a research note on Wednesday, May 17th. Nomura reiterated a “buy” rating and issued a $84.00 target price on shares of TJX Companies, Inc. (The) in a research note on Wednesday, May 17th. Finally, 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. Four analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $83.72.

In related news, EVP Richard Sherr sold 1,179 shares of the business’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $75.58, for a total transaction of $89,108.82. Following the transaction, the executive vice president now directly owns 120,000 shares in the company, valued at $9,069,600. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kenneth Canestrari sold 4,000 shares of the business’s stock in a transaction dated Thursday, June 1st. The shares were sold at an average price of $75.80, for a total value of $303,200.00. Following the transaction, the executive vice president now owns 86,243 shares in the company, valued at $6,537,219.40. The disclosure for this sale can be found here. Insiders own 0.23% of the company’s stock.

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.

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

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