Sentry Investment Management LLC lessened its position in TJX Companies Inc (NYSE:TJX) by 20.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,035 shares of the apparel and home fashions retailer’s stock after selling 3,939 shares during the period. Sentry Investment Management LLC’s holdings in TJX Companies were worth $1,150,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Boston Common Asset Management LLC boosted its stake in shares of TJX Companies by 12.6% during the 4th quarter. Boston Common Asset Management LLC now owns 13,708 shares of the apparel and home fashions retailer’s stock valued at $1,048,000 after purchasing an additional 1,538 shares in the last quarter. Bronfman E.L. Rothschild L.P. boosted its stake in shares of TJX Companies by 50.4% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 13,310 shares of the apparel and home fashions retailer’s stock valued at $1,018,000 after purchasing an additional 4,460 shares in the last quarter. Ffcm LLC boosted its stake in shares of TJX Companies by 24.9% during the 4th quarter. Ffcm LLC now owns 39,932 shares of the apparel and home fashions retailer’s stock valued at $3,053,000 after purchasing an additional 7,953 shares in the last quarter. Accident Compensation Corp boosted its stake in shares of TJX Companies by 19.2% during the 4th quarter. Accident Compensation Corp now owns 51,571 shares of the apparel and home fashions retailer’s stock valued at $3,943,000 after purchasing an additional 8,300 shares in the last quarter. Finally, Sigma Planning Corp boosted its stake in shares of TJX Companies by 17.9% during the 4th quarter. Sigma Planning Corp now owns 6,481 shares of the apparel and home fashions retailer’s stock valued at $496,000 after purchasing an additional 984 shares in the last quarter. 90.37% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have recently weighed in on TJX shares. Buckingham Research reaffirmed a “buy” rating and set a $85.00 target price on shares of TJX Companies in a research note on Thursday, October 19th. Royal Bank of Canada set a $76.00 target price on shares of TJX Companies and gave the company a “buy” rating in a research note on Monday, October 30th. Zacks Investment Research lowered shares of TJX Companies from a “buy” rating to a “sell” rating in a research note on Monday, November 13th. Wells Fargo & Co set a $76.00 target price on shares of TJX Companies and gave the company a “buy” rating in a research note on Tuesday, November 14th. Finally, Citigroup cut their target price on shares of TJX Companies from $88.00 to $81.00 and set a “buy” rating on the stock in a research note on Wednesday, November 15th. Five analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $82.00.

TJX Companies Inc (NYSE TJX) opened at $75.55 on Wednesday. TJX Companies Inc has a 12-month low of $66.44 and a 12-month high of $81.46. The stock has a market cap of $47,871.63, a PE ratio of 20.42, a P/E/G ratio of 1.62 and a beta of 0.73. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.67 and a current ratio of 1.53.

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

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be given a dividend of $0.3125 per share. The ex-dividend date is Wednesday, February 14th. This represents a $1.25 dividend on an annualized basis and a yield of 1.65%. TJX Companies’s dividend payout ratio (DPR) is currently 33.78%.

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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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