TJX Companies, Inc. (The) (TJX) Shares Sold by Intrust Bank NA

Intrust Bank NA lowered its holdings in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 21.4% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,951 shares of the apparel and home fashions retailer’s stock after selling 2,168 shares during the period. Intrust Bank NA’s holdings in TJX Companies, Inc. (The) were worth $586,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in TJX Companies, Inc. (The) by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 47,816,796 shares of the apparel and home fashions retailer’s stock worth $3,450,938,000 after purchasing an additional 708,532 shares in the last quarter. BlackRock Inc. increased its holdings in TJX Companies, Inc. (The) by 4.8% in the 2nd quarter. BlackRock Inc. now owns 43,767,923 shares of the apparel and home fashions retailer’s stock worth $3,158,729,000 after purchasing an additional 1,996,874 shares in the last quarter. State Street Corp increased its holdings in TJX Companies, Inc. (The) by 6.6% in the 1st quarter. State Street Corp now owns 28,798,593 shares of the apparel and home fashions retailer’s stock worth $2,277,402,000 after purchasing an additional 1,773,046 shares in the last quarter. Wellington Management Group LLP increased its holdings in TJX Companies, Inc. (The) by 19.2% in the 1st quarter. Wellington Management Group LLP now owns 20,703,582 shares of the apparel and home fashions retailer’s stock worth $1,637,238,000 after purchasing an additional 3,339,536 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in TJX Companies, Inc. (The) by 0.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,467,659 shares of the apparel and home fashions retailer’s stock worth $610,888,000 after purchasing an additional 51,364 shares in the last quarter. 89.51% of the stock is owned by institutional investors.

A number of equities analysts have issued reports on TJX shares. Zacks Investment Research raised TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 target price for the company in a report on Tuesday, July 18th. Buckingham Research reaffirmed a “buy” rating and issued a $85.00 target price on shares of TJX Companies, Inc. (The) in a report on Thursday, October 19th. Northcoast Research raised TJX Companies, Inc. (The) from a “neutral” rating to a “buy” rating and set a $86.00 target price for the company in a report on Thursday, September 7th. They noted that the move was a valuation call. Royal Bank Of Canada reissued a “buy” rating and issued a $76.00 price target on shares of TJX Companies, Inc. (The) in a research note on Monday, September 18th. Finally, Sanford C. Bernstein initiated coverage on 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. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and sixteen have given a buy rating to the company. TJX Companies, Inc. (The) presently has an average rating of “Buy” and a consensus target price of $83.25.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of the stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $72.52, for a total value of $1,450,400.00. Following the transaction, the chief executive officer now owns 480,821 shares in the company, valued at $34,869,138.92. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.23% of the stock is currently owned by corporate insiders.

TJX Companies, Inc. (NYSE:TJX) opened at $68.64 on Tuesday. The stock has a market capitalization of $45,020.00, a P/E ratio of 19.45, a price-to-earnings-growth ratio of 1.68 and a beta of 0.72. The company has a quick ratio of 0.80, a current ratio of 1.63 and a debt-to-equity ratio of 0.49. TJX Companies, Inc. has a fifty-two week low of $66.65 and a fifty-two week high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its quarterly earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.01. The business had revenue of $8.36 billion for the quarter, compared to analyst estimates of $8.29 billion. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. The company’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.84 earnings per share. equities analysts expect that TJX Companies, Inc. will post 3.93 EPS for the current year.

The company 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 $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $1.25 annualized dividend and a yield of 1.82%. TJX Companies, Inc. (The)’s payout ratio is currently 35.41%.

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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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