TJX Companies, Inc. (The) (TJX) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 8.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,605,939 shares of the apparel and home fashions retailer’s stock after buying an additional 118,829 shares during the period. Dimensional Fund Advisors LP owned 0.25% of TJX Companies, Inc. (The) worth $127,003,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of TJX. Wellington Management Group LLP increased its position in TJX Companies, Inc. (The) by 19.2% in the first quarter. Wellington Management Group LLP now owns 20,703,582 shares of the apparel and home fashions retailer’s stock worth $1,637,238,000 after buying an additional 3,339,536 shares during the period. Ameriprise Financial Inc. increased its position in TJX Companies, Inc. (The) by 63.7% in the first quarter. Ameriprise Financial Inc. now owns 8,416,295 shares of the apparel and home fashions retailer’s stock worth $665,521,000 after buying an additional 3,275,506 shares during the period. Fiduciary Management Inc. WI bought a new position in TJX Companies, Inc. (The) during the first quarter worth approximately $225,702,000. Vanguard Group Inc. increased its position in TJX Companies, Inc. (The) by 5.2% in the first quarter. Vanguard Group Inc. now owns 47,108,264 shares of the apparel and home fashions retailer’s stock worth $3,725,322,000 after buying an additional 2,336,495 shares during the period. Finally, MARSHALL WACE ASIA Ltd bought a new position in TJX Companies, Inc. (The) during the first quarter worth approximately $94,647,000. 89.56% of the stock is currently owned by hedge funds and other institutional investors.

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 stock has a 50-day moving average of $70.06 and a 200 day moving average of $74.80. TJX Companies, Inc. has a 1-year low of $66.66 and a 1-year high of $80.92. 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. (The) (NYSE:TJX) last released its quarterly earnings results on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 EPS for the quarter, topping the consensus estimate of $0.84 by $0.01. The business had revenue of $8.36 billion during the quarter, compared to analyst estimates of $8.29 billion. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. The company’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 earnings per share. On average, equities analysts expect that TJX Companies, Inc. will post $3.92 EPS for the current year.

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

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A number of research analysts recently commented on TJX shares. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 target price on the stock in a research report on Tuesday, July 18th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $79.00 target price (down from $82.00) on shares of TJX Companies, Inc. (The) in a research report on Wednesday, May 17th. BMO Capital Markets reaffirmed a “buy” rating and issued a $85.00 target price on shares of TJX Companies, Inc. (The) in a research report on Thursday, June 8th. BidaskClub raised shares of TJX Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 28th. Finally, Nomura reaffirmed a “buy” rating and issued a $84.00 target price on shares of TJX Companies, Inc. (The) in a research report on Wednesday, May 17th. Five investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $82.61.

In other news, EVP Kenneth Canestrari sold 4,000 shares of the company’s stock in a transaction dated Thursday, June 1st. The shares were sold at an average price of $75.80, for a total transaction of $303,200.00. Following the completion of the transaction, the executive vice president now owns 86,243 shares in the company, valued at $6,537,219.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.23% of the stock is currently owned by corporate insiders.

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)

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