Alpine Woods Capital Investors LLC Purchases 97,500 Shares of TJX Companies, Inc. (The) (TJX)

Alpine Woods Capital Investors LLC raised its position in TJX Companies, Inc. (The) (NYSE:TJX) by 84.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,500 shares of the apparel and home fashions retailer’s stock after acquiring an additional 97,500 shares during the quarter. Alpine Woods Capital Investors LLC’s holdings in TJX Companies, Inc. (The) were worth $15,668,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Guardian Life Insurance Co. of America grew its position in TJX Companies, Inc. (The) by 0.6% in the first quarter. Guardian Life Insurance Co. of America now owns 2,514 shares of the apparel and home fashions retailer’s stock valued at $199,000 after acquiring an additional 16 shares in the last quarter. Fort Pitt Capital Group LLC grew its position in shares of TJX Companies, Inc. (The) by 0.5% during the second quarter. Fort Pitt Capital Group LLC now owns 3,124 shares of the apparel and home fashions retailer’s stock worth $225,000 after buying an additional 17 shares in the last quarter. Summit Asset Management LLC grew its position in shares of TJX Companies, Inc. (The) by 0.7% during the second quarter. Summit Asset Management LLC now owns 4,500 shares of the apparel and home fashions retailer’s stock worth $325,000 after buying an additional 30 shares in the last quarter. Reliance Trust Co. of Delaware grew its position in shares of TJX Companies, Inc. (The) by 0.9% during the second quarter. Reliance Trust Co. of Delaware now owns 3,487 shares of the apparel and home fashions retailer’s stock worth $251,000 after buying an additional 31 shares in the last quarter. Finally, FTB Advisors Inc. grew its position in shares of TJX Companies, Inc. (The) by 1.6% during the second quarter. FTB Advisors Inc. now owns 2,235 shares of the apparel and home fashions retailer’s stock worth $159,000 after buying an additional 36 shares in the last quarter. 88.93% of the stock is owned by institutional investors.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of the firm’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 sale, the chief executive officer now directly owns 480,821 shares in the company, valued at $34,869,138.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.23% of the company’s stock.

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TJX has been the subject of a number of recent analyst reports. BidaskClub downgraded shares of TJX Companies, Inc. (The) from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. Credit Suisse Group set a $72.00 price target on shares of TJX Companies, Inc. (The) and gave the stock a “neutral” rating in a research report on Wednesday, August 2nd. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $80.00 price target for the company in a research report on Wednesday, August 9th. Royal Bank Of Canada decreased their price target on shares of TJX Companies, Inc. (The) from $79.00 to $76.00 and set an “outperform” rating for the company in a research report on Wednesday, August 16th. Finally, Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a $90.00 price target (down previously from $97.00) on shares of TJX Companies, Inc. (The) in a research report on Wednesday, August 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seventeen have assigned a buy rating to the stock. TJX Companies, Inc. (The) currently has a consensus rating of “Buy” and an average price target of $81.50.

TJX Companies, Inc. (TJX) traded up $1.96 during mid-day trading on Monday, reaching $71.02. The company’s stock had a trading volume of 7,859,700 shares, compared to its average volume of 4,169,527. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 0.67. The company has a market capitalization of $45,260.00, a PE ratio of 19.19, a price-to-earnings-growth ratio of 1.70 and a beta of 0.72. 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 posted its earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.00. The company had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.86 billion. TJX Companies, Inc. (The) had a return on equity of 52.79% and a net margin of 7.01%. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the business posted $0.91 earnings per share. analysts predict that TJX Companies, Inc. will post 3.93 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be paid a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date is Wednesday, November 8th. TJX Companies, Inc. (The)’s payout ratio is 33.78%.

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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