TJX Companies, Inc. (The) (TJX) Shares Sold by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. trimmed its position in TJX Companies, Inc. (The) (NYSE:TJX) by 3.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,814 shares of the apparel and home fashions retailer’s stock after selling 2,312 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in TJX Companies, Inc. (The) were worth $4,336,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of TJX. Vanguard Group Inc. increased its stake in shares of TJX Companies, Inc. (The) by 1.5% during the second quarter. Vanguard Group Inc. now owns 47,816,796 shares of the apparel and home fashions retailer’s stock valued at $3,450,938,000 after buying an additional 708,532 shares during the period. BlackRock Inc. boosted its position in TJX Companies, Inc. (The) by 4.8% during the second quarter. BlackRock Inc. now owns 43,767,923 shares of the apparel and home fashions retailer’s stock valued at $3,158,729,000 after purchasing an additional 1,996,874 shares in the last quarter. State Street Corp boosted its position in TJX Companies, Inc. (The) by 6.6% during the first quarter. State Street Corp now owns 28,798,593 shares of the apparel and home fashions retailer’s stock valued at $2,277,402,000 after purchasing an additional 1,773,046 shares in the last quarter. Wellington Management Group LLP boosted its position in TJX Companies, Inc. (The) by 19.2% during the first quarter. Wellington Management Group LLP now owns 20,703,582 shares of the apparel and home fashions retailer’s stock valued at $1,637,238,000 after purchasing an additional 3,339,536 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in TJX Companies, Inc. (The) by 0.6% during the second quarter. Ameriprise Financial Inc. now owns 8,467,659 shares of the apparel and home fashions retailer’s stock valued at $610,888,000 after purchasing an additional 51,364 shares in the last quarter. Institutional investors and hedge funds own 89.51% of the company’s stock.

In other news, CEO Ernie Herrman sold 20,000 shares of the company’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $72.52, for a total value of $1,450,400.00. Following the transaction, the chief executive officer now owns 480,821 shares of the company’s stock, valued at approximately $34,869,138.92. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.23% of the company’s stock.

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TJX has been the topic of a number of recent research reports. Buckingham Research reaffirmed a “buy” rating and set a $85.00 price objective on shares of TJX Companies, Inc. (The) in a research report on Thursday, October 19th. Royal Bank Of Canada set a $76.00 price target on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a report on Monday, October 30th. Zacks Investment Research downgraded TJX Companies, Inc. (The) from a “buy” rating to a “sell” rating in a report on Monday. BidaskClub downgraded TJX Companies, Inc. (The) from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $75.00 price target on shares of TJX Companies, Inc. (The) in a report on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $82.55.

TJX Companies, Inc. (TJX) opened at $67.94 on Wednesday. The firm has a market capitalization of $45,022.76, a price-to-earnings ratio of 19.60, a price-to-earnings-growth ratio of 1.70 and a beta of 0.72. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.80 and a current ratio of 1.63. TJX Companies, Inc. has a 12 month low of $66.44 and a 12 month high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last released its quarterly earnings data on Monday, November 13th. The apparel and home fashions retailer reported $1.00 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.00. The company had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.86 billion. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.91 earnings per share. equities analysts forecast that TJX Companies, Inc. will post 3.93 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be paid a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 35.41%.

TJX Companies, Inc. (The) 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.

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

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