Janus Capital Management LLC lowered its position in TJX Companies, Inc. (The) (NYSE:TJX) by 54.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,877 shares of the apparel and home fashions retailer’s stock after selling 162,400 shares during the period. Janus Capital Management LLC’s holdings in TJX Companies, Inc. (The) were worth $10,824,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of TJX. Guardian Life Insurance Co. of America raised its stake in shares of TJX Companies, Inc. (The) by 0.6% in the first quarter. Guardian Life Insurance Co. of America now owns 2,514 shares of the apparel and home fashions retailer’s stock worth $199,000 after buying an additional 16 shares during the last quarter. WMS Partners LLC raised its stake 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 last quarter. Messner & Smith Theme Value Investment Management Ltd. CA raised its stake 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 last quarter. Jackson Grant Investment Advisers Inc. raised its stake in shares of TJX Companies, Inc. (The) by 0.3% in the first quarter. Jackson Grant Investment Advisers Inc. now owns 15,139 shares of the apparel and home fashions retailer’s stock worth $1,197,000 after buying an additional 50 shares during the last quarter. Finally, Cypress Wealth Advisors LLC raised its stake in shares of TJX Companies, Inc. (The) by 1.2% in the first quarter. Cypress Wealth Advisors LLC now owns 4,231 shares of the apparel and home fashions retailer’s stock worth $335,000 after buying an additional 52 shares during the last quarter. Institutional investors and hedge funds own 89.85% of the company’s stock.

Shares of TJX Companies, Inc. (TJX) traded up 1.15% on Friday, reaching $71.07. The company’s stock had a trading volume of 4,933,347 shares. The company has a market capitalization of $45.72 billion, a price-to-earnings ratio of 20.18 and a beta of 0.77. The stock has a 50-day moving average price of $70.05 and a 200-day moving average price of $74.95. TJX Companies, Inc. has a 1-year low of $66.66 and a 1-year high of $83.64.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its earnings results on Tuesday, May 16th. The apparel and home fashions retailer reported $0.82 earnings per share 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 company had revenue of $7.78 billion for the quarter, compared to the consensus estimate of $7.88 billion. During the same period last year, the business posted $0.76 EPS. The company’s revenue was up 3.2% on a year-over-year basis. On average, equities research analysts forecast 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 $0.3125 dividend. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $1.25 annualized dividend and a dividend yield of 1.76%. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is currently 35.51%.

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A number of equities research analysts have recently weighed in on the company. Royal Bank Of Canada set a $79.00 price target on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Monday, June 19th. BidaskClub lowered TJX Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Morgan Stanley upgraded TJX Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and set a $86.00 price target on the stock in a research note on Wednesday, May 17th. Cowen and Company set a $80.00 price target on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Wednesday, May 17th. Finally, Nomura restated a “buy” rating and set a $84.00 price target on shares of TJX Companies, Inc. (The) in a research note on Wednesday, May 17th. Four analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $83.78.

In other TJX Companies, Inc. (The) news, EVP Kenneth Canestrari sold 4,000 shares of TJX Companies, Inc. (The) stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $75.80, for a total value of $303,200.00. Following the transaction, the executive vice president now directly owns 86,243 shares in the company, valued at approximately $6,537,219.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Richard Sherr sold 1,179 shares of TJX Companies, Inc. (The) stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $75.58, for a total value of $89,108.82. Following the completion of the transaction, the executive vice president now owns 120,000 shares in the company, valued at $9,069,600. The disclosure for this sale can be found here. Company 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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