First Quadrant L P CA Reduces Position in TJX Companies, Inc. (The) (TJX)

First Quadrant L P CA lessened its stake in TJX Companies, Inc. (The) (NYSE:TJX) by 27.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 214,597 shares of the apparel and home fashions retailer’s stock after selling 79,248 shares during the period. First Quadrant L P CA’s holdings in TJX Companies, Inc. (The) were worth $15,822,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Israel Discount Bank of New York acquired a new stake in TJX Companies, Inc. (The) in the 1st quarter valued at approximately $130,000. Jacobi Capital Management LLC increased its holdings in 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 valued at $133,000 after purchasing an additional 200 shares during the last quarter. Lenox Wealth Management Inc. acquired a new stake in TJX Companies, Inc. (The) in the 2nd quarter valued at approximately $141,000. Mosaic Family Wealth LLC increased its holdings in 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 valued at $144,000 after purchasing an additional 134 shares during the last quarter. Finally, Oakworth Capital Inc. increased its holdings in 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 valued at $146,000 after purchasing an additional 185 shares during the last quarter. Hedge funds and other institutional investors own 89.32% of the company’s stock.

TJX Companies, Inc. (The) (NYSE:TJX) last announced 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 Thomson Reuters’ consensus estimate of $0.84 by $0.01. The company had revenue of $8.36 billion during the quarter, compared to analyst estimates of $8.29 billion. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the business earned $0.84 EPS.

The business also recently disclosed 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 annualized dividend and a yield of 1.78%. The ex-dividend date is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio is currently 35.41%.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of the firm’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $72.52, for a total transaction of $1,450,400.00. Following the completion of the transaction, the chief executive officer now directly owns 480,821 shares of the company’s stock, valued at approximately $34,869,138.92. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.23% of the stock is owned by company insiders.

Several research firms have commented on TJX. Royal Bank Of Canada set a $76.00 price target on shares of TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Monday. Buckingham Research restated a “buy” rating and issued a $85.00 price target on shares of TJX Companies, Inc. (The) in a research note on Thursday, October 19th. Zacks Investment Research upgraded shares of TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $82.00 price target for the company in a research note on Tuesday, October 10th. Jefferies Group LLC restated a “hold” rating and issued a $75.00 price target on shares of TJX Companies, Inc. (The) in a research note on Thursday, September 28th. Finally, Sanford C. Bernstein began coverage on shares of TJX Companies, Inc. (The) in a research note on Tuesday, September 12th. They issued an “outperform” rating and a $88.00 price target for the company. Four analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. TJX Companies, Inc. (The) presently has an average rating of “Buy” and an average target price of $83.25.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this news story on another domain, it was stolen and republished in violation of United States and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.com-unik.info/2017/11/03/first-quadrant-l-p-ca-reduces-position-in-tjx-companies-inc-the-tjx.html.

About TJX Companies, Inc. (The)

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.

Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TJX Companies, Inc. (The) (NYSE:TJX).

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

What are top analysts saying about TJX Companies Inc. (The)? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for TJX Companies Inc. (The) and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit