Zevin Asset Management LLC reduced its position in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 42.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 155,844 shares of the apparel and home fashions retailer’s stock after selling 113,722 shares during the quarter. TJX Companies, Inc. (The) comprises approximately 2.8% of Zevin Asset Management LLC’s holdings, making the stock its 9th largest holding. Zevin Asset Management LLC’s holdings in TJX Companies, Inc. (The) were worth $11,247,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. NBT Bank N A NY boosted its position in shares of TJX Companies, Inc. (The) by 1.9% during the 2nd quarter. NBT Bank N A NY now owns 39,643 shares of the apparel and home fashions retailer’s stock valued at $2,861,000 after acquiring an additional 753 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of TJX Companies, Inc. (The) by 12.3% during the 2nd quarter. Principal Financial Group Inc. now owns 1,461,769 shares of the apparel and home fashions retailer’s stock valued at $105,497,000 after acquiring an additional 159,758 shares during the last quarter. QCI Asset Management Inc. NY boosted its position in shares of TJX Companies, Inc. (The) by 2.4% during the 2nd quarter. QCI Asset Management Inc. NY now owns 159,562 shares of the apparel and home fashions retailer’s stock valued at $11,516,000 after acquiring an additional 3,689 shares during the last quarter. Nichols & Pratt Advisers LLP MA boosted its position in shares of TJX Companies, Inc. (The) by 0.6% during the 2nd quarter. Nichols & Pratt Advisers LLP MA now owns 130,480 shares of the apparel and home fashions retailer’s stock valued at $9,407,000 after acquiring an additional 805 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp bought a new position in shares of TJX Companies, Inc. (The) during the 2nd quarter valued at approximately $2,200,000. Hedge funds and other institutional investors own 89.13% of the company’s stock.

In other news, CEO Ernie Herrman sold 20,000 shares of the company’s stock in a transaction on Friday, September 1st. The stock was 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 of the company’s stock, valued at approximately $34,869,138.92. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.23% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “TJX Companies, Inc. (The) (TJX) Stake Lowered by Zevin Asset Management LLC” was first posted by Daily Political and is the property of of Daily Political. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://www.dailypolitical.com/2017/09/23/tjx-companies-inc-the-tjx-stake-lowered-by-zevin-asset-management-llc.html.

TJX has been the subject of a number of research reports. BMO Capital Markets reiterated a “buy” rating and set a $85.00 target price on shares of TJX Companies, Inc. (The) in a research report on Thursday, June 8th. BidaskClub upgraded TJX Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 28th. Zacks Investment Research downgraded TJX Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Credit Suisse Group set a $72.00 target price on TJX Companies, Inc. (The) and gave the company a “neutral” rating in a research report on Wednesday, August 2nd. Finally, Royal Bank Of Canada lowered their target price on TJX Companies, Inc. (The) from $79.00 to $76.00 and set an “outperform” rating for the company in a research report on Wednesday, August 16th. Five analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. TJX Companies, Inc. (The) currently has an average rating of “Buy” and a consensus price target of $83.24.

Shares of TJX Companies, Inc. (NYSE:TJX) opened at 72.45 on Friday. The firm has a 50-day moving average price of $71.68 and a 200-day moving average price of $74.08. TJX Companies, Inc. has a 1-year low of $66.66 and a 1-year high of $80.92. The stock has a market cap of $46.10 billion, a price-to-earnings ratio of 20.51 and a beta of 0.76.

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

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be paid a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 1.73%. The ex-dividend date is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 35.41%.

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.

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

Receive News & Ratings for TJX Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.