Traders bought shares of TJX Companies, Inc. (The) (NYSE:TJX) on weakness during trading on Tuesday. $262.09 million flowed into the stock on the tick-up and $221.94 million flowed out of the stock on the tick-down, for a money net flow of $40.15 million into the stock. Of all equities tracked, TJX Companies, Inc. (The) had the 17th highest net in-flow for the day. TJX Companies, Inc. (The) traded down ($2.82) for the day and closed at $67.94

A number of research analysts recently issued reports on the company. Instinet restated a “buy” rating and set a $80.00 price target (down previously from $83.00) on shares of TJX Companies, Inc. (The) in a report on Wednesday, August 16th. MKM Partners restated a “buy” rating and set a $87.00 price target on shares of TJX Companies, Inc. (The) in a report on Tuesday, September 12th. Wells Fargo & Company set a $76.00 price target on TJX Companies, Inc. (The) and gave the company a “buy” rating in a report on Tuesday. Nomura set a $80.00 price target on TJX Companies, Inc. (The) and gave the company a “buy” rating in a report on Wednesday, August 16th. Finally, BMO Capital Markets restated an “outperform” rating on shares of TJX Companies, Inc. (The) in a report on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seventeen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $82.90.

The company has a quick ratio of 0.80, a current ratio of 1.63 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $45,020.00, a PE ratio of 19.45, a P/E/G ratio of 1.68 and a beta of 0.72.

TJX Companies, Inc. (The) (NYSE:TJX) last released its quarterly earnings data on Monday, November 13th. The apparel and home fashions retailer reported $1.00 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.00. The business had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.86 billion. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.91 EPS. equities research analysts expect that TJX Companies, Inc. will post 3.93 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 9th will be given 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 1.84%. 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 company’s stock in a transaction that occurred 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 directly owns 480,821 shares of the company’s stock, valued at approximately $34,869,138.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in TJX Companies, Inc. (The) by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 47,816,796 shares of the apparel and home fashions retailer’s stock valued at $3,450,938,000 after acquiring an additional 708,532 shares in the last quarter. BlackRock Inc. lifted its position in TJX Companies, Inc. (The) by 4.8% in the 2nd quarter. BlackRock Inc. now owns 43,767,923 shares of the apparel and home fashions retailer’s stock valued at $3,158,729,000 after acquiring an additional 1,996,874 shares in the last quarter. State Street Corp lifted its position in TJX Companies, Inc. (The) by 6.6% in the 1st quarter. State Street Corp now owns 28,798,593 shares of the apparel and home fashions retailer’s stock valued at $2,277,402,000 after acquiring an additional 1,773,046 shares in the last quarter. Wellington Management Group LLP raised its stake in TJX Companies, Inc. (The) by 19.2% during the 1st quarter. Wellington Management Group LLP now owns 20,703,582 shares of the apparel and home fashions retailer’s stock valued at $1,637,238,000 after buying an additional 3,339,536 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in TJX Companies, Inc. (The) by 0.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,467,659 shares of the apparel and home fashions retailer’s stock valued at $610,888,000 after buying an additional 51,364 shares during the last quarter. 89.51% of the stock is currently owned by institutional investors and hedge funds.

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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.

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