D.A. Davidson & CO. Trims Stake in TJX Companies, Inc. (The) (TJX)

D.A. Davidson & CO. lessened its holdings in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 3.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 60,917 shares of the apparel and home fashions retailer’s stock after selling 2,076 shares during the quarter. D.A. Davidson & CO.’s holdings in TJX Companies, Inc. (The) were worth $4,396,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the company. Pinebridge Investments L.P. lifted its position in shares of TJX Companies, Inc. (The) by 3.8% during the second quarter. Pinebridge Investments L.P. now owns 219,973 shares of the apparel and home fashions retailer’s stock worth $15,876,000 after purchasing an additional 8,063 shares in the last quarter. Ithaka Group LLC lifted its position in shares of TJX Companies, Inc. (The) by 0.3% during the second quarter. Ithaka Group LLC now owns 152,029 shares of the apparel and home fashions retailer’s stock worth $10,972,000 after purchasing an additional 398 shares in the last quarter. Trilogy Global Advisors LP acquired a new stake in shares of TJX Companies, Inc. (The) during the second quarter worth about $338,000. Investec Asset Management LTD lifted its position in shares of TJX Companies, Inc. (The) by 83.5% during the second quarter. Investec Asset Management LTD now owns 111,138 shares of the apparel and home fashions retailer’s stock worth $8,021,000 after purchasing an additional 50,560 shares in the last quarter. Finally, Accident Compensation Corp lifted its position in shares of TJX Companies, Inc. (The) by 7.1% during the second quarter. Accident Compensation Corp now owns 45,271 shares of the apparel and home fashions retailer’s stock worth $3,267,000 after purchasing an additional 3,000 shares in the last quarter. 89.14% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies, Inc. (NYSE:TJX) opened at 73.03 on Tuesday. The stock has a market capitalization of $46.47 billion, a price-to-earnings ratio of 20.67 and a beta of 0.78. The firm has a 50-day moving average of $72.84 and a 200 day moving average of $73.57. TJX Companies, Inc. has a 52 week low of $66.66 and a 52 week high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its 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 return on equity of 52.87% and a net margin of 6.83%. The company had revenue of $8.36 billion for the quarter, compared to analyst estimates of $8.29 billion. During the same period in the prior year, the company posted $0.84 EPS. TJX Companies, Inc. (The)’s quarterly revenue was up 6.0% on a year-over-year basis. On average, analysts anticipate that TJX Companies, Inc. will post $3.93 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be given a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s payout ratio is 35.41%.

Several analysts have recently issued reports on TJX shares. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 price target on the stock in a research report on Tuesday, July 18th. BidaskClub raised shares of TJX Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 28th. Northcoast Research raised shares of TJX Companies, Inc. (The) from a “neutral” rating to a “buy” rating and set a $86.00 price target on the stock in a research report on Thursday, September 7th. They noted that the move was a valuation call. Royal Bank Of Canada reissued a “buy” rating and set a $76.00 price target on shares of TJX Companies, Inc. (The) in a research report on Monday, September 18th. Finally, Sanford C. Bernstein started coverage on shares of TJX Companies, Inc. (The) in a research report on Tuesday, September 12th. They set an “outperform” rating and a $88.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. TJX Companies, Inc. (The) presently has an average rating of “Buy” and an average price target of $83.15.

COPYRIGHT VIOLATION NOTICE: “D.A. Davidson & CO. Trims Stake in TJX Companies, Inc. (The) (TJX)” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/10/d-a-davidson-co-trims-stake-in-tjx-companies-inc-the-tjx.html.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of the company’s stock in a transac

Several other institutional investors and hedge funds have also modified their holdings of the company. Pinebridge Investments L.P. lifted its position in shares of TJX Companies, Inc. (The) by 3.8% during the second quarter. Pinebridge Investments L.P. now owns 219,973 shares of the apparel and home fashions retailer’s stock worth $15,876,000 after purchasing an additional 8,063 shares in the last quarter. Ithaka Group LLC lifted its position in shares of TJX Companies, Inc. (The) by 0.3% during the second quarter. Ithaka Group LLC now owns 152,029 shares of the apparel and home fashions retailer’s stock worth $10,972,000 after purchasing an additional 398 shares in the last quarter. Trilogy Global Advisors LP acquired a new stake in shares of TJX Companies, Inc. (The) during the second quarter worth about $338,000. Investec Asset Management LTD lifted its position in shares of TJX Companies, Inc. (The) by 83.5% during the second quarter. Investec Asset Management LTD now owns 111,138 shares of the apparel and home fashions retailer’s stock worth $8,021,000 after purchasing an additional 50,560 shares in the last quarter. Finally, Accident Compensation Corp lifted its position in shares of TJX Companies, Inc. (The) by 7.1% during the second quarter. Accident Compensation Corp now owns 45,271 shares of the apparel and home fashions retailer’s stock worth $3,267,000 after purchasing an additional 3,000 shares in the last quarter. 89.14% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies, Inc. (NYSE:TJX) opened at 73.03 on Tuesday. The stock has a market capitalization of $46.47 billion, a price-to-earnings ratio of 20.67 and a beta of 0.78. The firm has a 50-day moving average of $72.84 and a 200 day moving average of $73.57. TJX Companies, Inc. has a 52 week low of $66.66 and a 52 week high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its 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 return on equity of 52.87% and a net margin of 6.83%. The company had revenue of $8.36 billion for the quarter, compared to analyst estimates of $8.29 billion. During the same period in the prior year, the company posted $0.84 EPS. TJX Companies, Inc. (The)’s quarterly revenue was up 6.0% on a year-over-year basis. On average, analysts anticipate that TJX Companies, Inc. will post $3.93 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be given a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s payout ratio is 35.41%.

Several analysts have recently issued reports on TJX shares. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 price target on the stock in a research report on Tuesday, July 18th. BidaskClub raised shares of TJX Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 28th. Northcoast Research raised shares of TJX Companies, Inc. (The) from a “neutral” rating to a “buy” rating and set a $86.00 price target on the stock in a research report on Thursday, September 7th. They noted that the move was a valuation call. Royal Bank Of Canada reissued a “buy” rating and set a $76.00 price target on shares of TJX Companies, Inc. (The) in a research report on Monday, September 18th. Finally, Sanford C. Bernstein started coverage on shares of TJX Companies, Inc. (The) in a research report on Tuesday, September 12th. They set an “outperform” rating and a $88.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. TJX Companies, Inc. (The) presently has an average rating of “Buy” and an average price target of $83.15.

COPYRIGHT VIOLATION NOTICE: “D.A. Davidson & CO. Trims Stake in TJX Companies, Inc. (The) (TJX)” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/10/d-a-davidson-co-trims-stake-in-tjx-companies-inc-the-tjx.html.

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 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 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.

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.

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

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