Profund Advisors LLC Has $1.69 Million Holdings in TJX Companies, Inc. (The) (TJX)

Profund Advisors LLC raised its holdings in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 25.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,439 shares of the apparel and home fashions retailer’s stock after purchasing an additional 4,721 shares during the period. Profund Advisors LLC’s holdings in TJX Companies, Inc. (The) were worth $1,692,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of TJX Companies, Inc. (The) by 5.2% during the first quarter. Vanguard Group Inc. now owns 47,108,264 shares of the apparel and home fashions retailer’s stock valued at $3,725,322,000 after purchasing an additional 2,336,495 shares in the last quarter. BlackRock Inc. increased its stake in shares of TJX Companies, Inc. (The) by 4.8% during the second 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 purchasing an additional 1,996,874 shares in the last quarter. State Street Corp increased its stake in shares of TJX Companies, Inc. (The) by 6.6% during the first 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 purchasing an additional 1,773,046 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of TJX Companies, Inc. (The) by 19.2% during the first 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 purchasing an additional 3,339,536 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of TJX Companies, Inc. (The) by 0.6% during the second 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 purchasing an additional 51,364 shares in the last quarter. 89.13% of the stock is owned by institutional investors and hedge funds.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $72.52, for a total transaction 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.23% of the company’s stock.

TJX has been the subject of a number of analyst reports. Royal Bank Of Canada set a $79.00 target price on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Monday, June 19th. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $80.00 target price for the company in a research note on Wednesday, August 9th. BMO Capital Markets set a $85.00 target price on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Monday, July 17th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $90.00 target price (down previously from $97.00) on shares of TJX Companies, Inc. (The) in a research note on Wednesday, August 16th. Finally, Nomura set a $80.00 target price on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday, August 16th. Five analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $83.15.

ILLEGAL ACTIVITY WARNING: “Profund Advisors LLC Has $1.69 Million Holdings in TJX Companies, Inc. (The) (TJX)” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/10/08/profund-advisors-llc-has-1-69-million-holdings-in-tjx-companies-inc-the-tjx.html.

Shares of TJX Companies, Inc. (NYSE:TJX) opened at 73.60 on Friday. The company has a 50-day moving average of $72.77 and a 200 day moving average of $73.68. The stock has a market cap of $46.83 billion, a PE ratio of 20.83 and a beta of 0.78. TJX Companies, Inc. has a one year low of $66.66 and a one year high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last issued its quarterly earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share (EPS) for the quarter, beating the Zacks’ 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 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 business posted $0.84 EPS. TJX Companies, Inc. (The)’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, analy

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of TJX Companies, Inc. (The) by 5.2% during the first quarter. Vanguard Group Inc. now owns 47,108,264 shares of the apparel and home fashions retailer’s stock valued at $3,725,322,000 after purchasing an additional 2,336,495 shares in the last quarter. BlackRock Inc. increased its stake in shares of TJX Companies, Inc. (The) by 4.8% during the second 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 purchasing an additional 1,996,874 shares in the last quarter. State Street Corp increased its stake in shares of TJX Companies, Inc. (The) by 6.6% during the first 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 purchasing an additional 1,773,046 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of TJX Companies, Inc. (The) by 19.2% during the first 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 purchasing an additional 3,339,536 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of TJX Companies, Inc. (The) by 0.6% during the second 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 purchasing an additional 51,364 shares in the last quarter. 89.13% of the stock is owned by institutional investors and hedge funds.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $72.52, for a total transaction 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.23% of the company’s stock.

TJX has been the subject of a number of analyst reports. Royal Bank Of Canada set a $79.00 target price on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Monday, June 19th. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $80.00 target price for the company in a research note on Wednesday, August 9th. BMO Capital Markets set a $85.00 target price on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Monday, July 17th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $90.00 target price (down previously from $97.00) on shares of TJX Companies, Inc. (The) in a research note on Wednesday, August 16th. Finally, Nomura set a $80.00 target price on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday, August 16th. Five analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $83.15.

ILLEGAL ACTIVITY WARNING: “Profund Advisors LLC Has $1.69 Million Holdings in TJX Companies, Inc. (The) (TJX)” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/10/08/profund-advisors-llc-has-1-69-million-holdings-in-tjx-companies-inc-the-tjx.html.

Shares of TJX Companies, Inc. (NYSE:TJX) opened at 73.60 on Friday. The company has a 50-day moving average of $72.77 and a 200 day moving average of $73.68. The stock has a market cap of $46.83 billion, a PE ratio of 20.83 and a beta of 0.78. TJX Companies, Inc. has a one year low of $66.66 and a one year high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last issued its quarterly earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share (EPS) for the quarter, beating the Zacks’ 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 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 business posted $0.84 EPS. TJX Companies, Inc. (The)’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, analysts predict that TJX Companies, Inc. will post $3.93 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be paid a dividend of $0.3125 per share. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $1.25 dividend on an annualized basis and a yield of 1.70%. TJX Companies, Inc. (The)’s payout ratio is 35.41%.

TJX Companies, Inc. (The) 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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