TJX Companies, Inc. (The) (NYSE:TJX) Shares Bought by Fort Pitt Capital Group LLC

Fort Pitt Capital Group LLC grew its holdings in TJX Companies, Inc. (The) (NYSE:TJX) by 54.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,823 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,699 shares during the period. Fort Pitt Capital Group LLC’s holdings in TJX Companies, Inc. (The) were worth $356,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Israel Discount Bank of New York purchased a new stake in shares of TJX Companies, Inc. (The) in the 1st quarter valued at $130,000. Jacobi Capital Management LLC increased 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 period. Lenox Wealth Management Inc. purchased a new stake in TJX Companies, Inc. (The) during the 2nd quarter worth about $141,000. Mosaic Family Wealth LLC increased its holdings in shares of TJX Companies, Inc. (The) by 7.2% in 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 acquiring an additional 134 shares during the last quarter. Finally, Oakworth Capital Inc. increased its holdings in shares of TJX Companies, Inc. (The) by 10.1% in 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 acquiring an additional 185 shares during the last quarter. 89.51% of the stock is currently owned by institutional investors and hedge funds.

Shares of TJX Companies, Inc. (NYSE TJX) traded up $0.97 during trading on Monday, reaching $70.22. The company had a trading volume of 6,081,700 shares, compared to its average volume of 4,040,473. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.80 and a current ratio of 1.63. TJX Companies, Inc. has a 1 year low of $66.65 and a 1 year high of $80.92. The company has a market capitalization of $44,679.17, a price-to-earnings 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 issued 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 Thomson Reuters’ consensus estimate of $0.84 by $0.01. The business had revenue of $8.36 billion during the quarter, compared to the consensus estimate of $8.29 billion. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. The business’s revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.84 earnings per share. equities analysts anticipate that TJX Companies, Inc. will post 3.93 EPS for the current year.

The company 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. 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 1.78%. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is 35.41%.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of the company’s stock in a transaction 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 owns 480,821 shares of the company’s stock, valued at $34,869,138.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.23% of the company’s stock.

TJX has been the subject of a number of research analyst reports. Jefferies Group LLC set a $75.00 target price on TJX Companies, Inc. (The) and gave the company a “hold” rating in a research report on Tuesday, August 15th. Zacks Investment Research raised TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $80.00 price objective for the company in a research report on Wednesday, August 9th. Nomura set a $80.00 price objective on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Instinet reissued a “buy” rating and set a $80.00 target price (down from $83.00) on shares of TJX Companies, Inc. (The) in a research note on Wednesday, August 16th. Finally, Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a $90.00 target price (down from $97.00) on shares of TJX Companies, Inc. (The) in a research note on Wednesday, August 16th. One analyst has rated the stock with a sell rating, four have given a hold rating and sixteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $83.25.

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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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