Los Angeles Capital Management & Equity Research Inc. Has $8.91 Million Position in TJX Companies, Inc. (The) (TJX)

Los Angeles Capital Management & Equity Research Inc. boosted its stake in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 188.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,833 shares of the apparel and home fashions retailer’s stock after buying an additional 78,995 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in TJX Companies, Inc. (The) were worth $8,909,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. TIAA CREF Investment Management LLC increased its holdings in shares of TJX Companies, Inc. (The) by 0.3% in the 1st quarter. TIAA CREF Investment Management LLC now owns 2,852,128 shares of the apparel and home fashions retailer’s stock worth $225,546,000 after purchasing an additional 9,242 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co increased its holdings in shares of TJX Companies, Inc. (The) by 109.1% in the 1st quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 11,500 shares of the apparel and home fashions retailer’s stock worth $909,000 after purchasing an additional 6,000 shares in the last quarter. Stephens Inc. AR increased its holdings in shares of TJX Companies, Inc. (The) by 7.4% in the 1st quarter. Stephens Inc. AR now owns 50,173 shares of the apparel and home fashions retailer’s stock worth $3,968,000 after purchasing an additional 3,456 shares in the last quarter. Israel Discount Bank of New York bought a new stake in shares of TJX Companies, Inc. (The) in the 1st quarter worth $130,000. Finally, WINTON GROUP Ltd increased its holdings in shares of TJX Companies, Inc. (The) by 5,028.9% in the 1st quarter. WINTON GROUP Ltd now owns 309,633 shares of the apparel and home fashions retailer’s stock worth $23,154,000 after purchasing an additional 303,596 shares in the last quarter. 89.51% of the stock is owned by institutional investors.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of the firm’s stock in a transaction dated 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 $34,869,138.92. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.23% of the stock is owned by company insiders.

Shares of TJX Companies, Inc. (NYSE:TJX) opened at $71.02 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.80 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $45,188.18, a PE ratio of 19.19, a price-to-earnings-growth ratio of 1.70 and a beta of 0.72. TJX Companies, Inc. has a twelve month low of $66.44 and a twelve month high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last posted its quarterly earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.00. The business had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.86 billion. TJX Companies, Inc. (The) had a return on equity of 52.79% and a net margin of 7.01%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $0.91 earnings per share. equities research analysts predict that TJX Companies, Inc. will post 3.93 EPS for the current year.

The firm also recently declared 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. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $1.25 dividend on an annualized basis and a yield of 1.76%. TJX Companies, Inc. (The)’s dividend payout ratio is presently 33.78%.

TRADEMARK VIOLATION WARNING: “Los Angeles Capital Management & Equity Research Inc. Has $8.91 Million Position in TJX Companies, Inc. (The) (TJX)” was reported by Community Financial News and is owned by of Community Financial News. If you are reading this news story on another publication, it was copied illegally and republished in violation of international copyright law. The original version of this news story can be viewed at https://www.com-unik.info/2017/11/19/los-angeles-capital-management-equity-research-inc-has-8-91-million-position-in-tjx-companies-inc-the-tjx.html.

TJX has been the subject of a number of research analyst reports. Zacks Investment Research raised TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a report on Tuesday, October 10th. Nomura dropped their price target on TJX Companies, Inc. (The) from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday. Morgan Stanley dropped their price target on TJX Companies, Inc. (The) from $86.00 to $85.00 and set an “overweight” rating on the stock in a research note on Wednesday. Royal Bank Of Canada set a $70.00 price target on TJX Companies, Inc. (The) and gave the stock an “outperform” rating in a research note on Tuesday, November 14th. Finally, Credit Suisse Group set a $72.00 price target on TJX Companies, Inc. (The) and gave the stock a “neutral” rating in a research note on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seventeen have given a buy rating to the company’s stock. TJX Companies, Inc. (The) has an average rating of “Buy” and an average target price of $81.50.

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.

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

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