QCI Asset Management Inc. NY Has $11.91 Million Holdings in TJX Companies, Inc. (The) (TJX)

QCI Asset Management Inc. NY raised its position in TJX Companies, Inc. (The) (NYSE:TJX) by 1.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 161,519 shares of the apparel and home fashions retailer’s stock after buying an additional 1,957 shares during the period. QCI Asset Management Inc. NY’s holdings in TJX Companies, Inc. (The) were worth $11,909,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. BB&T Securities LLC grew its position in shares of TJX Companies, Inc. (The) by 8.4% during the 1st quarter. BB&T Securities LLC now owns 153,293 shares of the apparel and home fashions retailer’s stock valued at $12,122,000 after acquiring an additional 11,922 shares during the period. Polen Capital Management LLC grew its position in shares of TJX Companies, Inc. (The) by 8.0% during the 1st quarter. Polen Capital Management LLC now owns 6,687,215 shares of the apparel and home fashions retailer’s stock valued at $528,825,000 after acquiring an additional 497,404 shares during the period. ZWJ Investment Counsel Inc. bought a new position in shares of TJX Companies, Inc. (The) during the 1st quarter valued at approximately $582,000. WMS Partners LLC grew its position in shares of TJX Companies, Inc. (The) by 0.3% during the 1st quarter. WMS Partners LLC now owns 10,515 shares of the apparel and home fashions retailer’s stock valued at $832,000 after acquiring an additional 33 shares during the period. Finally, First Business Financial Services Inc. grew its position in shares of TJX Companies, Inc. (The) by 6.3% during the 1st quarter. First Business Financial Services Inc. now owns 7,182 shares of the apparel and home fashions retailer’s stock valued at $568,000 after acquiring an additional 427 shares during the period. Hedge funds and other institutional investors own 89.51% of the company’s stock.

TJX has been the subject of several analyst reports. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 price objective for the company in a report on Tuesday, July 18th. Buckingham Research reaffirmed a “buy” rating and issued a $85.00 price objective on shares of TJX Companies, Inc. (The) in a report on Thursday, October 19th. Northcoast Research raised shares of TJX Companies, Inc. (The) from a “neutral” rating to a “buy” rating and set a $86.00 price objective for the company in a report on Thursday, September 7th. They noted that the move was a valuation call. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $76.00 price objective on shares of TJX Companies, Inc. (The) in a report on Monday, September 18th. Finally, Sanford C. Bernstein initiated coverage on shares of TJX Companies, Inc. (The) in a report on Tuesday, September 12th. They issued an “outperform” rating and a $88.00 price objective for the company. One analyst has rated the stock with a sell rating, four have assigned a hold rating and sixteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $83.25.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of the business’s stock in a transaction dated Friday, September 1st. The shares were 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 in the company, valued at $34,869,138.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is currently owned by insiders.

Shares of TJX Companies, Inc. (TJX) traded down $2.39 during trading hours on Tuesday, reaching $68.37. 5,301,361 shares of the company were exchanged, compared to its average volume of 4,063,143. The stock has a market cap of $45,020.00, a PE ratio of 19.45, a PEG ratio of 1.68 and a beta of 0.72. TJX Companies, Inc. has a one year low of $66.65 and a one year high of $80.92. 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. (The) (NYSE:TJX) last released its quarterly earnings data on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. The firm had revenue of $8.36 billion for the quarter, compared to analysts’ expectations of $8.29 billion. During the same quarter in the previous year, the company earned $0.84 earnings per share. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. equities research analysts predict that TJX Companies, Inc. will post 3.93 EPS for the current fiscal 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 given a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s payout ratio is 35.41%.

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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.

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

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