McKinley Carter Wealth Services Inc. increased its holdings in TJX Companies, Inc. (The) (NYSE:TJX) by 0.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,324 shares of the apparel and home fashions retailer’s stock after acquiring an additional 126 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in TJX Companies, Inc. (The) were worth $2,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. TrimTabs Asset Management LLC increased its stake in shares of TJX Companies, Inc. (The) by 88.9% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,411 shares of the apparel and home fashions retailer’s stock worth $112,000 after acquiring an additional 664 shares in the last quarter. Israel Discount Bank of New York bought a new position in shares of TJX Companies, Inc. (The) in the 1st quarter worth about $130,000. Jacobi Capital Management LLC increased its stake in shares of TJX Companies, Inc. (The) by 12.9% in the 1st quarter. Jacobi Capital Management LLC now owns 1,748 shares of the apparel and home fashions retailer’s stock worth $133,000 after acquiring an additional 200 shares in the last quarter. Mosaic Family Wealth LLC increased its stake in shares of TJX Companies, Inc. (The) by 7.2% in the 2nd quarter. Mosaic Family Wealth LLC now owns 1,996 shares of the apparel and home fashions retailer’s stock worth $144,000 after acquiring an additional 134 shares in the last quarter. Finally, Oakworth Capital Inc. increased its stake in shares of TJX Companies, Inc. (The) by 10.1% in the 2nd quarter. Oakworth Capital Inc. now owns 2,024 shares of the apparel and home fashions retailer’s stock worth $146,000 after acquiring an additional 185 shares in the last quarter. Institutional investors own 89.13% of the company’s stock.

A number of analysts have weighed in on the stock. BMO Capital Markets restated a “buy” rating and set a $85.00 price objective on shares of TJX Companies, Inc. (The) in a research note on Thursday, June 8th. Royal Bank Of Canada restated a “buy” rating and set a $76.00 price objective on shares of TJX Companies, Inc. (The) in a research note on Monday. Northcoast Research upgraded shares of TJX Companies, Inc. (The) from a “neutral” rating to a “buy” rating and set a $86.00 price objective for the company in a research note on Thursday, September 7th. They noted that the move was a valuation call. MKM Partners restated a “buy” rating and set a $87.00 price objective on shares of TJX Companies, Inc. (The) in a research note on Tuesday, September 12th. Finally, Sanford C. Bernstein assumed coverage on shares of TJX Companies, Inc. (The) in a research note on Tuesday, September 12th. They set an “outperform” rating and a $88.00 price objective for the company. Five analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $83.24.

TJX Companies, Inc. (NYSE:TJX) opened at 72.82 on Friday. The stock has a market cap of $46.33 billion, a P/E ratio of 20.61 and a beta of 0.76. The company has a 50 day moving average of $71.68 and a 200-day moving average of $74.08. TJX Companies, Inc. has a 12-month low of $66.66 and a 12-month high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last posted its quarterly earnings data on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.84 by $0.01. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. The firm had revenue of $8.36 billion for the quarter, compared to the consensus estimate of $8.29 billion. During the same quarter in the prior year, the company posted $0.84 earnings per share. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. Equities analysts forecast that TJX Companies, Inc. will post $3.93 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 9th will be issued a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $1.25 annualized dividend and a yield of 1.72%. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 35.41%.

In related news, CEO Ernie Herrman sold 20,000 shares of the stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $72.52, for a total value of $1,450,400.00. Following the transaction, the chief executive officer now owns 480,821 shares in the company, valued at approximately $34,869,138.92. The sale was disclosed in a filing with the SEC, which is available through this link. 0.23% of the stock is currently owned by corporate insiders.

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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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