TJX Companies, Inc. (The) (NYSE:TJX) Stake Raised by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd increased its position in TJX Companies, Inc. (The) (NYSE:TJX) by 0.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 205,541 shares of the apparel and home fashions retailer’s stock after buying an additional 250 shares during the period. Gulf International Bank UK Ltd’s holdings in TJX Companies, Inc. (The) were worth $14,833,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of TJX. Pensionfund DSM Netherlands increased its position in shares of TJX Companies, Inc. (The) by 0.4% in the first quarter. Pensionfund DSM Netherlands now owns 52,300 shares of the apparel and home fashions retailer’s stock worth $4,136,000 after buying an additional 200 shares in the last quarter. Park National Corp OH increased its position in shares of TJX Companies, Inc. (The) by 5.1% in the first quarter. Park National Corp OH now owns 25,671 shares of the apparel and home fashions retailer’s stock worth $2,030,000 after buying an additional 1,241 shares in the last quarter. First Financial Bank N.A. Trust Division increased its position in shares of TJX Companies, Inc. (The) by 8.7% in the first quarter. First Financial Bank N.A. Trust Division now owns 69,528 shares of the apparel and home fashions retailer’s stock worth $5,499,000 after buying an additional 5,570 shares in the last quarter. Capital Investment Services of America Inc. increased its position in shares of TJX Companies, Inc. (The) by 1.6% in the first quarter. Capital Investment Services of America Inc. now owns 180,935 shares of the apparel and home fashions retailer’s stock worth $14,308,000 after buying an additional 2,822 shares in the last quarter. Finally, Rosenbaum Jay D. increased its position in shares of TJX Companies, Inc. (The) by 0.4% in the first quarter. Rosenbaum Jay D. now owns 16,615 shares of the apparel and home fashions retailer’s stock worth $1,314,000 after buying an additional 65 shares in the last quarter. Institutional investors and hedge funds own 89.56% of the company’s stock.

Shares of TJX Companies, Inc. (NYSE TJX) traded up 0.31% during mid-day trading on Friday, hitting $70.47. 6,655,057 shares of the stock traded hands. The firm has a market cap of $45.69 billion, a price-to-earnings ratio of 19.95 and a beta of 0.77. TJX Companies, Inc. has a 12-month low of $66.66 and a 12-month high of $80.92. The firm’s 50 day moving average price is $70.06 and its 200 day moving average price is $74.80.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its quarterly earnings data on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 EPS for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.01. The company had revenue of $8.36 billion during the quarter, compared to the consensus estimate of $8.29 billion. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. TJX Companies, Inc. (The)’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.84 EPS. On average, equities research analysts predict that TJX Companies, Inc. will post $3.92 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Thursday, August 10th will be paid a dividend of $0.3125 per share. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.77%. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 35.41%.

TRADEMARK VIOLATION NOTICE: This news story was first reported by BNB Daily and is the property of of BNB Daily. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this news story can be read at https://www.baseball-news-blog.com/2017/08/19/gulf-international-bank-uk-ltd-buys-250-shares-of-tjx-companies-inc-the-nysetjx-updated-updated.html.

A number of equities analysts have recently issued reports on the stock. BidaskClub upgraded shares of TJX Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $79.00 price target (down previously from $82.00) on shares of TJX Companies, Inc. (The) in a report on Wednesday, May 17th. Jefferies Group LLC set a $80.00 price target on shares of TJX Companies, Inc. (The) and gave the stock a “hold” rating in a report on Tuesday, May 16th. BMO Capital Markets set a $85.00 price target on shares of TJX Companies, Inc. (The) and gave the stock a “buy” rating in a report on Monday, July 17th. Finally, Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 price target for the company in a report on Tuesday, July 18th. Five analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $82.61.

In related news, EVP Kenneth Canestrari sold 4,000 shares of the stock in a transaction dated Thursday, June 1st. The shares were sold at an average price of $75.80, for a total value of $303,200.00. Following the sale, the executive vice president now directly owns 86,243 shares of the company’s stock, valued at approximately $6,537,219.40. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

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.

Institutional Ownership by Quarter for TJX Companies, Inc. (The) (NYSE:TJX)

Receive News & Ratings for TJX Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply