CENTRAL TRUST Co Raises Stock Position in TJX Companies Inc (NYSE:TJX)

CENTRAL TRUST Co lifted its stake in shares of TJX Companies Inc (NYSE:TJX) by 4.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 52,094 shares of the apparel and home fashions retailer’s stock after acquiring an additional 2,424 shares during the quarter. CENTRAL TRUST Co’s holdings in TJX Companies were worth $2,904,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Connors Investor Services Inc. raised its position in TJX Companies by 1.4% in the 3rd quarter. Connors Investor Services Inc. now owns 212,395 shares of the apparel and home fashions retailer’s stock valued at $11,839,000 after purchasing an additional 2,953 shares during the last quarter. Empire Life Investments Inc. raised its position in TJX Companies by 8.9% in the 3rd quarter. Empire Life Investments Inc. now owns 214,707 shares of the apparel and home fashions retailer’s stock valued at $11,968,000 after purchasing an additional 17,574 shares during the last quarter. Dividend Assets Capital LLC raised its position in TJX Companies by 3.1% in the 3rd quarter. Dividend Assets Capital LLC now owns 215,399 shares of the apparel and home fashions retailer’s stock valued at $12,006,000 after purchasing an additional 6,412 shares during the last quarter. Great Valley Advisor Group Inc. purchased a new stake in TJX Companies in the 3rd quarter valued at $435,000. Finally, Sepio Capital LLC raised its position in TJX Companies by 436.7% in the 3rd quarter. Sepio Capital LLC now owns 39,181 shares of the apparel and home fashions retailer’s stock valued at $2,184,000 after purchasing an additional 31,881 shares during the last quarter. Institutional investors and hedge funds own 89.39% of the company’s stock.

Shares of TJX opened at $58.34 on Tuesday. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.48 and a current ratio of 1.25. The stock has a market capitalization of $71.46 billion, a P/E ratio of 27.65, a P/E/G ratio of 2.13 and a beta of 0.68. The company’s fifty day moving average is $57.00 and its two-hundred day moving average is $54.42. TJX Companies Inc has a 1 year low of $41.49 and a 1 year high of $60.89.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Tuesday, August 20th. The apparel and home fashions retailer reported $0.62 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.62. TJX Companies had a net margin of 7.66% and a return on equity of 57.64%. The business had revenue of $9.78 billion for the quarter, compared to analysts’ expectations of $9.89 billion. During the same period in the prior year, the company posted $1.17 EPS. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. Sell-side analysts predict that TJX Companies Inc will post 2.61 EPS for the current year.

The business also recently declared a — dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.23 per share. The ex-dividend date is Wednesday, November 13th. This represents a dividend yield of 1.7%. TJX Companies’s dividend payout ratio (DPR) is presently 43.60%.

Several analysts recently commented on TJX shares. DA Davidson set a $65.00 price target on shares of TJX Companies and gave the company a “buy” rating in a research report on Wednesday, August 21st. Bank of America set a $65.00 price target on shares of TJX Companies and gave the company a “buy” rating in a research report on Wednesday, August 21st. Zacks Investment Research upgraded shares of TJX Companies from a “sell” rating to a “hold” rating and set a $64.00 price target for the company in a research report on Friday, October 18th. ValuEngine upgraded shares of TJX Companies from a “strong sell” rating to a “sell” rating in a research report on Tuesday. Finally, Argus reiterated a “buy” rating on shares of TJX Companies in a research report on Wednesday, July 3rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $59.89.

About TJX Companies

The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise.

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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