First National Trust Co lessened its stake in shares of TJX Companies Inc (NYSE:TJX) by 35.2% during the fourth quarter, HoldingsChannel reports. The firm owned 19,908 shares of the apparel and home fashions retailer’s stock after selling 10,834 shares during the period. First National Trust Co’s holdings in TJX Companies were worth $1,522,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Zions Bancorporation boosted its position in shares of 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 purchasing an additional 883 shares in the last quarter. Lenox Wealth Management Inc. bought a new position in shares of TJX Companies during the 2nd quarter worth about $141,000. Highlander Capital Management LLC boosted its position in shares of 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 purchasing an additional 500 shares in the last quarter. Jacobi Capital Management LLC boosted its position in shares of 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 purchasing an additional 353 shares in the last quarter. Finally, FTB Advisors Inc. boosted its position in shares of 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 purchasing an additional 36 shares in the last quarter. 90.40% of the stock is currently owned by institutional investors.

TJX Companies Inc (NYSE:TJX) opened at $76.58 on Thursday. TJX Companies Inc has a 1 year low of $66.44 and a 1 year high of $80.92. The firm has a market cap of $48,730.00, a PE ratio of 20.70, a P/E/G ratio of 1.88 and a beta of 0.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 0.67.

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

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be paid a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.25 annualized dividend and a yield of 1.63%. TJX Companies’s dividend payout ratio (DPR) is 33.78%.

A number of equities analysts have recently issued reports on TJX shares. Wells Fargo & Co set a $76.00 price objective on shares of TJX Companies and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Nomura cut their price objective on shares of TJX Companies from $80.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, November 15th. Buckingham Research cut their price objective on shares of TJX Companies from $85.00 to $82.00 and set a “buy” rating on the stock in a research report on Wednesday, November 15th. Goldman Sachs Group set a $79.00 price objective on shares of TJX Companies and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, BMO Capital Markets set a $85.00 price objective on shares of TJX Companies and gave the stock a “buy” rating in a research report on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and sixteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $82.55.

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TJX Companies Company Profile

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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