HL Financial Services LLC Acquires 40,047 Shares of TJX Companies, Inc. (The) (TJX)

HL Financial Services LLC increased its holdings in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 3.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,230,283 shares of the apparel and home fashions retailer’s stock after buying an additional 40,047 shares during the period. TJX Companies, Inc. (The) comprises approximately 1.8% of HL Financial Services LLC’s portfolio, making the stock its 16th largest position. HL Financial Services LLC owned 0.19% of TJX Companies, Inc. (The) worth $90,709,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Israel Discount Bank of New York bought a new position in TJX Companies, Inc. (The) during the 1st quarter worth approximately $130,000. Jacobi Capital Management LLC raised its holdings in 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 worth $133,000 after purchasing an additional 200 shares during the last quarter. Lenox Wealth Management Inc. bought a new position in TJX Companies, Inc. (The) during the 2nd quarter worth approximately $141,000. Mosaic Family Wealth LLC raised its holdings in 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 worth $144,000 after purchasing an additional 134 shares during the last quarter. Finally, Oakworth Capital Inc. raised its holdings in 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 worth $146,000 after purchasing an additional 185 shares during the last quarter. Institutional investors and hedge funds own 89.51% of the company’s stock.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of TJX Companies, Inc. (The) stock in a transaction 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 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 available through this hyperlink. 0.23% of the stock is owned by insiders.

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Shares of TJX Companies, Inc. (NYSE TJX) traded up $1.06 during mid-day trading on Monday, reaching $71.28. 1,385,813 shares of the company’s stock were exchanged, compared to its average volume of 4,040,473. The company has a market cap of $44,679.17, a price-to-earnings ratio of 19.45, a PEG ratio of 1.68 and a beta of 0.72. The company has a quick ratio of 0.80, a current ratio of 1.63 and a debt-to-equity ratio of 0.49. TJX Companies, Inc. has a fifty-two week low of $66.65 and a fifty-two week high of $80.92.

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, topping the Zacks’ consensus estimate of $0.84 by $0.01. The firm 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 business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.84 EPS. research analysts anticipate that TJX Companies, Inc. will post 3.93 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be issued a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio is 35.41%.

Several research analysts have issued reports on the stock. 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. Zacks Investment Research lowered shares of TJX Companies, Inc. (The) from a “buy” rating to a “sell” rating in a report on Monday. Nomura set a $80.00 price target on shares of TJX Companies, Inc. (The) and gave the stock 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 research analyst has rated the stock with a sell rating, four have issued a hold rating and sixteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $83.25.

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)

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