TJX Companies Inc (TJX) Holdings Trimmed by Osborn Williams & Donohoe LLC

Osborn Williams & Donohoe LLC lessened its holdings in shares of TJX Companies Inc (NYSE:TJX) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,366 shares of the apparel and home fashions retailer’s stock after selling 767 shares during the quarter. Osborn Williams & Donohoe LLC’s holdings in TJX Companies were worth $3,851,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of TJX. Zions Bancorporation lifted its holdings in TJX Companies by 185.9% during the 3rd quarter. Zions Bancorporation now owns 1,358 shares of the apparel and home fashions retailer’s stock worth $100,000 after buying an additional 883 shares during the last quarter. Lenox Wealth Management Inc. bought a new position in TJX Companies during the 2nd quarter worth approximately $141,000. Highlander Capital Management LLC lifted its holdings in TJX Companies by 31.3% during the 2nd quarter. Highlander Capital Management LLC now owns 2,100 shares of the apparel and home fashions retailer’s stock worth $150,000 after buying an additional 500 shares during the last quarter. Jacobi Capital Management LLC lifted its holdings in TJX Companies by 20.2% during the 2nd quarter. Jacobi Capital Management LLC now owns 2,101 shares of the apparel and home fashions retailer’s stock worth $144,000 after buying an additional 353 shares during the last quarter. Finally, FTB Advisors Inc. lifted its holdings in TJX Companies by 1.6% during the 2nd quarter. FTB Advisors Inc. now owns 2,235 shares of the apparel and home fashions retailer’s stock worth $159,000 after buying an additional 36 shares during the last quarter. Hedge funds and other institutional investors own 90.59% of the company’s stock.

Shares of TJX Companies Inc (NYSE TJX) traded up $1.64 during midday trading on Monday, hitting $78.89. The company had a trading volume of 4,564,100 shares, compared to its average volume of 3,732,800. The company has a market cap of $50,180.00, a P/E ratio of 21.32, a price-to-earnings-growth ratio of 1.89 and a beta of 0.75. TJX Companies Inc has a 1-year low of $66.44 and a 1-year high of $80.92. The company has a current ratio of 1.53, a quick ratio of 0.67 and a debt-to-equity ratio of 0.48.

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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Wednesday, February 14th. TJX Companies’s payout ratio is currently 33.78%.

A number of research analysts have commented on the company. Nomura reduced their target price on TJX Companies from $80.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, November 15th. Zacks Investment Research raised TJX Companies from a “hold” rating to a “buy” rating and set a $86.00 target price on the stock in a report on Saturday. Wells Fargo & Co set a $76.00 price target on TJX Companies and gave the stock a “buy” rating in a report on Tuesday, November 14th. Goldman Sachs Group set a $79.00 price target on TJX Companies and gave the stock a “buy” rating in a report on Wednesday, November 15th. Finally, Morgan Stanley cut their price target on TJX Companies from $86.00 to $85.00 and set an “overweight” rating on the stock in a report on Wednesday, November 15th. Four equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $82.53.

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About TJX Companies

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 (NYSE:TJX)

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