Sfmg LLC raised its position in TJX Companies Inc (NYSE:TJX) by 3.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,892 shares of the apparel and home fashions retailer’s stock after purchasing an additional 210 shares during the quarter. Sfmg LLC’s holdings in TJX Companies were worth $329,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TJX. Comerica Securities Inc. raised its holdings in shares of TJX Companies by 1,053.4% in the fourth quarter. Comerica Securities Inc. now owns 147,191 shares of the apparel and home fashions retailer’s stock worth $6,585,000 after buying an additional 134,430 shares during the period. Dimensional Fund Advisors LP raised 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 buying an additional 1,889,337 shares during the period. Geode Capital Management LLC raised 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 buying an additional 9,515,682 shares during the period. Flagship Harbor Advisors LLC raised its holdings in shares of TJX Companies by 12.3% in the first quarter. Flagship Harbor Advisors LLC now owns 13,329 shares of the apparel and home fashions retailer’s stock worth $709,000 after buying an additional 1,455 shares during the period. Finally, Autus Asset Management LLC raised its holdings in shares of TJX Companies by 16.6% in the first quarter. Autus Asset Management LLC now owns 136,508 shares of the apparel and home fashions retailer’s stock worth $7,263,000 after buying an additional 19,391 shares during the period. 89.45% of the stock is currently owned by institutional investors.

TJX traded down $0.71 during trading on Tuesday, hitting $50.84. 8,983,068 shares of the stock were exchanged, compared to its average volume of 5,731,712. The firm has a 50 day simple moving average of $53.94 and a 200 day simple moving average of $52.72. The firm has a market cap of $62.32 billion, a price-to-earnings ratio of 24.09, a P/E/G ratio of 1.80 and a beta of 0.73. TJX Companies Inc has a 1 year low of $41.49 and a 1 year high of $57.15. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.46 and a current ratio of 1.23.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Tuesday, May 21st. The apparel and home fashions retailer reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. The company had revenue of $9.28 billion for 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%. TJX Companies’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the business posted $1.13 EPS. As a group, equities analysts anticipate that TJX Companies Inc will post 2.63 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.23 per share. The ex-dividend date is Wednesday, August 14th. This represents a $0.92 annualized dividend and a yield of 1.81%. TJX Companies’s payout ratio is currently 43.60%.

TJX has been the topic of several recent analyst reports. MKM Partners increased their price target on TJX Companies to $62.00 in a report on Thursday, May 23rd. Cowen set a $63.00 price target on TJX Companies and gave the stock a “buy” rating in a report on Tuesday, June 4th. Argus reiterated a “buy” rating on shares of TJX Companies in a report on Wednesday, July 3rd. Robert W. Baird initiated coverage on TJX Companies in a report on Monday, May 13th. They issued an “outperform” rating and a $63.00 price target on the stock. Finally, Credit Suisse Group increased their price target on TJX Companies from $55.00 to $56.00 and gave the stock a “neutral” rating in a report on Wednesday, May 22nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $58.80.

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

TJX Companies 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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