TJX Companies, Inc. (The) (TJX) Shares Bought by Aperio Group LLC

Aperio Group LLC boosted its stake in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 3.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 692,751 shares of the apparel and home fashions retailer’s stock after buying an additional 23,147 shares during the quarter. Aperio Group LLC owned 0.11% of TJX Companies, Inc. (The) worth $51,077,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in TJX. BlackRock Inc. boosted its stake in TJX Companies, Inc. (The) by 1,980.9% during the first quarter. BlackRock Inc. now owns 41,771,049 shares of the apparel and home fashions retailer’s stock worth $3,303,255,000 after buying an additional 39,763,685 shares during the period. Alliancebernstein L.P. boosted its stake in TJX Companies, Inc. (The) by 278.1% during the second quarter. Alliancebernstein L.P. now owns 6,791,045 shares of the apparel and home fashions retailer’s stock worth $490,110,000 after buying an additional 4,994,846 shares during the period. Wellington Management Group LLP boosted its stake in shares of TJX Companies, Inc. (The) by 19.2% in the first quarter. Wellington Management Group LLP now owns 20,703,582 shares of the apparel and home fashions retailer’s stock valued at $1,637,238,000 after purchasing an additional 3,339,536 shares during the period. Flossbach Von Storch AG boosted its stake in shares of TJX Companies, Inc. (The) by 265.0% in the second quarter. Flossbach Von Storch AG now owns 4,152,020 shares of the apparel and home fashions retailer’s stock valued at $299,651,000 after purchasing an additional 3,014,430 shares during the period. Finally, Fiduciary Management Inc. WI purchased a new position in shares of TJX Companies, Inc. (The) in the first quarter valued at approximately $225,702,000. 89.32% of the stock is owned by institutional investors.

In related news, CEO Ernie Herrman sold 20,000 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer now directly owns 480,821 shares of the company’s stock, valued at approximately $34,869,138.92. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

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Several research firms have recently commented on TJX. Jefferies Group LLC reissued a “hold” rating and issued a $75.00 price objective on shares of TJX Companies, Inc. (The) in a research note on Thursday, September 28th. Royal Bank Of Canada reissued a “buy” rating and issued a $76.00 price objective on shares of TJX Companies, Inc. (The) in a research note on Monday, September 18th. 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 research note on Thursday, September 7th. They noted that the move was a valuation call. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $82.00 price objective for the company in a research note on Tuesday, October 10th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of TJX Companies, Inc. (The) in a report on Tuesday, September 12th. Four analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $83.25.

TJX Companies, Inc. (The) (NYSE:TJX) last released its earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.84 by $0.01. The company had revenue of $8.36 billion during the quarter, compared to analysts’ expectations of $8.29 billion. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. The business’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.84 EPS.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be paid a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is currently 35.41%.

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.

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

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