Exxonmobil Investment Management Inc. TX decreased its position in TJX Companies Inc (NYSE:TJX) by 12.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 101,170 shares of the apparel and home fashions retailer’s stock after selling 15,023 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in TJX Companies were worth $7,735,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Scotia Capital Inc. boosted its stake in TJX Companies by 9.4% in the 2nd quarter. Scotia Capital Inc. now owns 54,407 shares of the apparel and home fashions retailer’s stock worth $3,926,000 after purchasing an additional 4,661 shares during the period. Northern Capital Management LLC boosted its stake in TJX Companies by 34.5% in the 3rd quarter. Northern Capital Management LLC now owns 53,580 shares of the apparel and home fashions retailer’s stock worth $3,950,000 after purchasing an additional 13,750 shares during the period. Tillar Wenstrup Advisors LLC acquired a new position in TJX Companies in the 3rd quarter worth approximately $2,083,000. Gofen & Glossberg LLC IL boosted its stake in TJX Companies by 7.9% in the 2nd quarter. Gofen & Glossberg LLC IL now owns 38,532 shares of the apparel and home fashions retailer’s stock worth $2,781,000 after purchasing an additional 2,835 shares during the period. Finally, Curbstone Financial Management Corp boosted its stake in TJX Companies by 100.0% in the 3rd quarter. Curbstone Financial Management Corp now owns 34,872 shares of the apparel and home fashions retailer’s stock worth $2,571,000 after purchasing an additional 17,436 shares during the period. 90.26% of the stock is owned by hedge funds and other institutional investors.
TJX has been the subject of a number of recent analyst reports. Wells Fargo & Co set a $76.00 price objective on shares of TJX Companies and gave the stock a “buy” rating in a research note on Tuesday, November 14th. BMO Capital Markets set a $85.00 price objective on shares of TJX Companies and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Citigroup cut their target price on shares of TJX Companies from $88.00 to $81.00 and set a “buy” rating for the company in a research report on Wednesday, November 15th. MKM Partners reiterated a “buy” rating and issued a $87.00 target price on shares of TJX Companies in a research report on Tuesday, September 12th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $76.00 target price on shares of TJX Companies in a research report on Monday, September 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and sixteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $81.95.
Shares of TJX Companies Inc (NYSE TJX) opened at $75.50 on Wednesday. TJX Companies Inc has a 12-month low of $66.44 and a 12-month high of $80.92. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 0.67. The stock has a market cap of $48,040.00, a P/E ratio of 20.41, a price-to-earnings-growth ratio of 1.85 and a beta of 0.75.
TJX Companies (NYSE:TJX) last released its quarterly earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.00. The business had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.86 billion. TJX Companies had a net margin of 7.01% and a return on equity of 52.79%. TJX Companies’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.91 EPS. equities analysts expect that TJX Companies Inc will post 3.94 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be issued a dividend of $0.3125 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.66%. TJX Companies’s dividend payout ratio is currently 33.78%.
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TJX Companies 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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