TJX Companies, Inc. (The) (TJX) Shares Bought by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. lifted its stake in TJX Companies, Inc. (The) (NYSE:TJX) by 1.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 131,537 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,758 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in TJX Companies, Inc. (The) were worth $9,698,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Israel Discount Bank of New York purchased a new position in shares of TJX Companies, Inc. (The) in the 1st quarter worth approximately $130,000. Jacobi Capital Management LLC boosted its holdings in shares of TJX Companies, Inc. (The) by 12.9% in 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 position in shares of TJX Companies, Inc. (The) in the 2nd quarter worth approximately $141,000. Mosaic Family Wealth LLC boosted 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 worth $144,000 after purchasing an additional 134 shares during the period. Finally, Oakworth Capital Inc. boosted 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 worth $146,000 after purchasing an additional 185 shares during the period. Hedge funds and other institutional investors own 89.32% of the company’s stock.

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 transaction of $1,450,400.00. Following the transaction, the chief executive officer now directly owns 480,821 shares in the company, valued at $34,869,138.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.23% of the stock is owned by corporate insiders.

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 for the quarter, topping the 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 during the quarter, compared to analyst estimates of $8.29 billion. During the same period in the prior year, the business posted $0.84 earnings per share. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be paid a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is 35.41%.

TJX has been the subject of a number of recent research reports. Buckingham Research reiterated a “buy” rating and issued a $85.00 target price on shares of TJX Companies, Inc. (The) in a report on Thursday, October 19th. BidaskClub upgraded TJX Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Zacks Investment Research upgraded TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a report on Tuesday, October 10th. Jefferies Group LLC reiterated a “hold” rating and issued a $75.00 target price on shares of TJX Companies, Inc. (The) in a report on Thursday, September 28th. Finally, Credit Suisse Group set a $72.00 target price on TJX Companies, Inc. (The) and gave the stock a “neutral” rating in a report on Wednesday, August 2nd. Four research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $83.25.

WARNING: “TJX Companies, Inc. (The) (TJX) Shares Bought by Stock Yards Bank & Trust Co.” was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The legal version of this piece can be viewed at https://sportsperspectives.com/2017/11/02/tjx-companies-inc-the-tjx-shares-bought-by-stock-yards-bank-trust-co-2.html.

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)

Receive News & Ratings for TJX Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply