Rosenbaum Jay D. decreased its stake in TJX Companies Inc (NYSE:TJX) by 5.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,865 shares of the apparel and home fashions retailer’s stock after selling 1,750 shares during the quarter. TJX Companies accounts for about 3.0% of Rosenbaum Jay D.’s portfolio, making the stock its 8th largest position. Rosenbaum Jay D.’s holdings in TJX Companies were worth $1,579,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its holdings in shares of TJX Companies by 115.8% in the fourth quarter. Geode Capital Management LLC now owns 17,734,026 shares of the apparel and home fashions retailer’s stock worth $792,161,000 after acquiring an additional 9,515,682 shares in the last quarter. FMR LLC increased its holdings in shares of TJX Companies by 4.0% in the first quarter. FMR LLC now owns 53,531,356 shares of the apparel and home fashions retailer’s stock worth $2,848,403,000 after acquiring an additional 2,052,931 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of TJX Companies by 103.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,709,381 shares of the apparel and home fashions retailer’s stock worth $165,944,000 after acquiring an additional 1,889,337 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its holdings in shares of TJX Companies by 232.5% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 1,998,637 shares of the apparel and home fashions retailer’s stock worth $105,688,000 after acquiring an additional 1,397,530 shares in the last quarter. Finally, California Public Employees Retirement System increased its holdings in shares of TJX Companies by 16.6% in the first quarter. California Public Employees Retirement System now owns 7,989,918 shares of the apparel and home fashions retailer’s stock worth $425,144,000 after acquiring an additional 1,136,138 shares in the last quarter. 88.81% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:TJX traded down $1.06 during mid-day trading on Thursday, reaching $50.37. 215,399 shares of the stock were exchanged, compared to its average volume of 5,208,254. The company has a current ratio of 1.23, a quick ratio of 0.46 and a debt-to-equity ratio of 1.92. The company has a market capitalization of $62.93 billion, a P/E ratio of 23.95, a P/E/G ratio of 1.81 and a beta of 0.73. TJX Companies Inc has a one year low of $41.49 and a one year high of $57.15. The business’s 50 day moving average price is $54.11.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Tuesday, May 21st. The apparel and home fashions retailer reported $0.57 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.02. The firm had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.21 billion. TJX Companies had a return on equity of 57.47% and a net margin of 7.69%. The business’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company earned $1.13 earnings per share. As a group, research analysts forecast that TJX Companies Inc will post 2.63 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Thursday, August 15th will be paid a $0.23 dividend. The ex-dividend date is Wednesday, August 14th. This represents a $0.92 dividend on an annualized basis and a yield of 1.83%. TJX Companies’s dividend payout ratio is 43.60%.

Several brokerages have issued reports on TJX. Cowen set a $63.00 price target on TJX Companies and gave the stock a “buy” rating in a report on Tuesday, June 4th. Robert W. Baird began coverage on TJX Companies in a report on Monday, May 13th. They issued an “outperform” rating and a $63.00 price target for the company. MKM Partners increased their price objective on TJX Companies to $62.00 in a report on Thursday, May 23rd. Argus reiterated a “buy” rating on shares of TJX Companies in a report on Wednesday, July 3rd. Finally, Nomura increased their price objective on TJX Companies from $57.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, June 25th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $58.34.

In other TJX Companies news, Director David T. Ching sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $52.20, for a total value of $1,044,000.00. Following the completion of the transaction, the director now directly owns 28,771 shares in the company, valued at $1,501,846.20. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Richard Sherr sold 1,480 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $51.35, for a total value of $75,998.00. Following the completion of the transaction, the executive vice president now owns 117,228 shares of the company’s stock, valued at $6,019,657.80. The disclosure for this sale can be found here. 0.18% of the stock is owned by company insiders.

TJX Companies Company Profile

The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise.

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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