Tiaa Fsb Purchases New Position in TJX Companies, Inc. (The) (TJX)

Tiaa Fsb purchased a new position in shares of TJX Companies, Inc. (The) (NYSE:TJX) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 34,571 shares of the apparel and home fashions retailer’s stock, valued at approximately $2,495,000.

Several other institutional investors have also modified their holdings of the company. TrimTabs Asset Management LLC lifted its stake in shares of TJX Companies, Inc. (The) by 88.9% during the 1st quarter. TrimTabs Asset Management LLC now owns 1,411 shares of the apparel and home fashions retailer’s stock valued at $112,000 after buying an additional 664 shares in the last quarter. Israel Discount Bank of New York purchased a new position in shares of TJX Companies, Inc. (The) during the 1st quarter valued at $130,000. Jacobi Capital Management LLC lifted its stake in shares of TJX Companies, Inc. (The) by 12.9% during the 1st quarter. Jacobi Capital Management LLC now owns 1,748 shares of the apparel and home fashions retailer’s stock valued at $133,000 after buying an additional 200 shares in the last quarter. Mosaic Family Wealth LLC lifted its stake in shares of TJX Companies, Inc. (The) by 7.2% during the 2nd quarter. Mosaic Family Wealth LLC now owns 1,996 shares of the apparel and home fashions retailer’s stock valued at $144,000 after buying an additional 134 shares in the last quarter. Finally, Oakworth Capital Inc. lifted its stake in shares of TJX Companies, Inc. (The) by 10.1% during the 2nd quarter. Oakworth Capital Inc. now owns 2,024 shares of the apparel and home fashions retailer’s stock valued at $146,000 after buying an additional 185 shares in the last quarter. Institutional investors and hedge funds own 89.14% of the company’s stock.

Shares of TJX Companies, Inc. (TJX) opened at 72.25 on Wednesday. TJX Companies, Inc. has a 52 week low of $66.66 and a 52 week high of $80.92. The stock has a market cap of $45.97 billion, a PE ratio of 20.45 and a beta of 0.78. The firm has a 50-day moving average of $72.86 and a 200 day moving average of $73.53.

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. The business had revenue of $8.36 billion for the quarter, compared to the consensus estimate of $8.29 billion. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. The company’s revenue was up 6.0% compared to the same quarter last year. During the same period last year, the firm posted $0.84 earnings per share. On average, equities analysts forecast that TJX Companies, Inc. will post $3.93 EPS for the current fiscal 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 of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio is currently 35.41%.

In other news, CEO Ernie Herrman sold 20,000 shares of the firm’s stock in a transaction dated 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 directly owns 480,821 shares of the company’s stock, valued at $34,869,138.92. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.23% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another publication, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/11/tiaa-fsb-purchases-new-position-in-tjx-companies-inc-the-tjx.html.

A number of research analysts recently weighed in on TJX shares. BidaskClub upgraded shares of TJX Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 28th. Zacks Investment Research upgraded shares of TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $82.00 target price on the stock in a research note on Tuesday. Credit Suisse Group set a $72.00 target price on shares of TJX Companies, Inc. (The) and gave the company a “neutral” rating in a research note on Wednesday, August 2nd. Royal Bank Of Canada lowered their target price on shares of TJX Companies, Inc. (The) from $7

Several other institutional investors have also modified their holdings of the company. TrimTabs Asset Management LLC lifted its stake in shares of TJX Companies, Inc. (The) by 88.9% during the 1st quarter. TrimTabs Asset Management LLC now owns 1,411 shares of the apparel and home fashions retailer’s stock valued at $112,000 after buying an additional 664 shares in the last quarter. Israel Discount Bank of New York purchased a new position in shares of TJX Companies, Inc. (The) during the 1st quarter valued at $130,000. Jacobi Capital Management LLC lifted its stake in shares of TJX Companies, Inc. (The) by 12.9% during the 1st quarter. Jacobi Capital Management LLC now owns 1,748 shares of the apparel and home fashions retailer’s stock valued at $133,000 after buying an additional 200 shares in the last quarter. Mosaic Family Wealth LLC lifted its stake in shares of TJX Companies, Inc. (The) by 7.2% during the 2nd quarter. Mosaic Family Wealth LLC now owns 1,996 shares of the apparel and home fashions retailer’s stock valued at $144,000 after buying an additional 134 shares in the last quarter. Finally, Oakworth Capital Inc. lifted its stake in shares of TJX Companies, Inc. (The) by 10.1% during the 2nd quarter. Oakworth Capital Inc. now owns 2,024 shares of the apparel and home fashions retailer’s stock valued at $146,000 after buying an additional 185 shares in the last quarter. Institutional investors and hedge funds own 89.14% of the company’s stock.

Shares of TJX Companies, Inc. (TJX) opened at 72.25 on Wednesday. TJX Companies, Inc. has a 52 week low of $66.66 and a 52 week high of $80.92. The stock has a market cap of $45.97 billion, a PE ratio of 20.45 and a beta of 0.78. The firm has a 50-day moving average of $72.86 and a 200 day moving average of $73.53.

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. The business had revenue of $8.36 billion for the quarter, compared to the consensus estimate of $8.29 billion. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. The company’s revenue was up 6.0% compared to the same quarter last year. During the same period last year, the firm posted $0.84 earnings per share. On average, equities analysts forecast that TJX Companies, Inc. will post $3.93 EPS for the current fiscal 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 of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio is currently 35.41%.

In other news, CEO Ernie Herrman sold 20,000 shares of the firm’s stock in a transaction dated 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 directly owns 480,821 shares of the company’s stock, valued at $34,869,138.92. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.23% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another publication, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/11/tiaa-fsb-purchases-new-position-in-tjx-companies-inc-the-tjx.html.

A number of research analysts recently weighed in on TJX shares. BidaskClub upgraded shares of TJX Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 28th. Zacks Investment Research upgraded shares of TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $82.00 target price on the stock in a research note on Tuesday. Credit Suisse Group set a $72.00 target price on shares of TJX Companies, Inc. (The) and gave the company a “neutral” rating in a research note on Wednesday, August 2nd. Royal Bank Of Canada lowered their target price on shares of TJX Companies, Inc. (The) from $79.00 to $76.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 16th. Finally, Jefferies Group LLC restated a “hold” rating and set a $75.00 target price on shares of TJX Companies, Inc. (The) in a research note on Thursday, September 28th. Four research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $83.25.

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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