TJX Companies Inc (TJX) Position Reduced by Atlanta Capital Management Co. L L C

Atlanta Capital Management Co. L L C trimmed its holdings in shares of TJX Companies Inc (NYSE:TJX) by 2.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,424,309 shares of the apparel and home fashions retailer’s stock after selling 29,919 shares during the quarter. Atlanta Capital Management Co. L L C owned about 0.22% of TJX Companies worth $105,014,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of TJX. Fort Pitt Capital Group LLC boosted its holdings in shares of TJX Companies by 0.5% in the 2nd quarter. Fort Pitt Capital Group LLC now owns 3,124 shares of the apparel and home fashions retailer’s stock worth $225,000 after purchasing an additional 17 shares in the last quarter. Summit Asset Management LLC lifted its stake in shares of TJX Companies by 0.7% in the 2nd quarter. Summit Asset Management LLC now owns 4,500 shares of the apparel and home fashions retailer’s stock valued at $325,000 after acquiring an additional 30 shares during the last quarter. Reliance Trust Co. of Delaware lifted its stake in shares of TJX Companies by 0.9% in the 2nd quarter. Reliance Trust Co. of Delaware now owns 3,487 shares of the apparel and home fashions retailer’s stock valued at $251,000 after acquiring an additional 31 shares during the last quarter. FTB Advisors Inc. lifted its stake in shares of TJX Companies by 1.6% in the 2nd quarter. FTB Advisors Inc. now owns 2,235 shares of the apparel and home fashions retailer’s stock valued at $159,000 after acquiring an additional 36 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. lifted its stake in shares of TJX Companies by 1.2% in the 2nd quarter. C M Bidwell & Associates Ltd. now owns 4,095 shares of the apparel and home fashions retailer’s stock valued at $296,000 after acquiring an additional 50 shares during the last quarter. Institutional investors and hedge funds own 90.94% of the company’s stock.

TJX has been the subject of a number of recent research reports. Buckingham Research reissued a “buy” rating and issued a $85.00 target price on shares of TJX Companies in a research note on Thursday, October 19th. Zacks Investment Research lowered TJX Companies from a “buy” rating to a “sell” rating in a research note on Monday, November 13th. Royal Bank Of Canada set a $76.00 target price on TJX Companies and gave the company a “buy” rating in a research note on Monday, October 30th. Citigroup lowered their target price on TJX Companies from $88.00 to $81.00 and set a “buy” rating for the company in a research note on Wednesday, November 15th. Finally, BMO Capital Markets set a $85.00 target price on TJX Companies and gave the company a “buy” rating in a research note on Wednesday, November 15th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $81.53.

Shares of TJX Companies Inc (TJX) traded up $0.04 during trading hours on Friday, hitting $73.88. The stock had a trading volume of 4,756,564 shares, compared to its average volume of 5,986,033. TJX Companies Inc has a 12-month low of $66.44 and a 12-month high of $80.92. The company has a market cap of $46,689.22, a price-to-earnings ratio of 19.96, a P/E/G ratio of 1.77 and a beta of 0.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 0.67.

TJX Companies (NYSE:TJX) last announced its earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.00. TJX Companies had a return on equity of 52.79% and a net margin of 7.01%. The firm had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.86 billion. During the same quarter in the prior year, the company earned $0.91 EPS. The business’s revenue was up 5.7% compared to the same quarter last year. analysts forecast that TJX Companies Inc will post 3.93 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be given a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Wednesday, February 14th. TJX Companies’s dividend payout ratio is currently 33.78%.

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TJX Companies 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 (NYSE:TJX)

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