TJX Companies, Inc. (The) (TJX) Holdings Lifted by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY boosted its stake in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 6.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,555 shares of the apparel and home fashions retailer’s stock after acquiring an additional 5,838 shares during the quarter. Cobblestone Capital Advisors LLC NY’s holdings in TJX Companies, Inc. (The) were worth $7,414,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Guardian Life Insurance Co. of America increased its stake in shares of TJX Companies, Inc. (The) by 0.6% in the first quarter. Guardian Life Insurance Co. of America now owns 2,514 shares of the apparel and home fashions retailer’s stock valued at $199,000 after buying an additional 16 shares in the last quarter. Fort Pitt Capital Group LLC increased its stake in shares of TJX Companies, Inc. (The) by 0.5% in the second quarter. Fort Pitt Capital Group LLC now owns 3,124 shares of the apparel and home fashions retailer’s stock valued at $225,000 after buying an additional 17 shares in the last quarter. Summit Asset Management LLC increased its stake in shares of TJX Companies, Inc. (The) by 0.7% in the second quarter. Summit Asset Management LLC now owns 4,500 shares of the apparel and home fashions retailer’s stock valued at $325,000 after buying an additional 30 shares in the last quarter. Reliance Trust Co. of Delaware increased its stake in shares of TJX Companies, Inc. (The) by 0.9% in the second 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 buying an additional 31 shares in the last quarter. Finally, WMS Partners LLC increased its stake in shares of TJX Companies, Inc. (The) by 0.3% in the first quarter. WMS Partners LLC now owns 10,515 shares of the apparel and home fashions retailer’s stock valued at $832,000 after buying an additional 33 shares in the last quarter. Hedge funds and other institutional investors own 89.51% of the company’s stock.

A number of brokerages have recently weighed in on TJX. Jefferies Group LLC set a $75.00 target price on TJX Companies, Inc. (The) and gave the company a “hold” rating in a research note on Tuesday, August 15th. Zacks Investment Research upgraded TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $80.00 target price for the company in a research note on Wednesday, August 9th. Nomura set a $80.00 target price on TJX Companies, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday, August 16th. Instinet restated a “buy” rating and issued 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) restated a “buy” rating and issued 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 research analyst has rated the stock with a sell rating, four have given a hold rating and sixteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $83.25.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of the firm’s stock in a transaction dated 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 owns 480,821 shares in the company, valued at $34,869,138.92. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.23% of the stock is currently owned by company insiders.

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TJX Companies, Inc. (TJX) opened at $68.64 on Tuesday. The company has a current ratio of 1.63, a quick ratio of 0.80 and a debt-to-equity ratio of 0.49. TJX Companies, Inc. has a 1-year low of $66.65 and a 1-year high of $80.92. The stock has a market capitalization of $45,020.00, a PE ratio of 19.45, a price-to-earnings-growth ratio of 1.68 and a beta of 0.72.

TJX Companies, Inc. (The) (NYSE:TJX) last issued its earnings results 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. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. The firm had revenue of $8.36 billion for the quarter, compared to analysts’ expectations of $8.29 billion. During the same quarter last year, the business earned $0.84 earnings per share. The company’s revenue was up 6.0% compared to the same quarter last year. sell-side analysts expect that TJX Companies, Inc. will post 3.93 EPS for the current year.

The business also recently announced 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 1.82%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is currently 35.41%.

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.

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Institutional Ownership by Quarter for TJX Companies, Inc. (The) (NYSE:TJX)

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