W.G. Shaheen & Associates DBA Whitney & Co Acquires 5,075 Shares of TJX Companies, Inc. (The) (TJX)

W.G. Shaheen & Associates DBA Whitney & Co boosted its holdings in TJX Companies, Inc. (The) (NYSE:TJX) by 44.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,575 shares of the apparel and home fashions retailer’s stock after buying an additional 5,075 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in TJX Companies, Inc. (The) were worth $1,196,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TJX. TrimTabs Asset Management LLC grew its stake in TJX Companies, Inc. (The) by 88.9% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,411 shares of the apparel and home fashions retailer’s stock valued at $112,000 after buying an additional 664 shares in the last quarter. Israel Discount Bank of New York purchased a new position in shares of TJX Companies, Inc. (The) during the 1st quarter valued at $130,000. Jacobi Capital Management LLC grew its position in shares of TJX Companies, Inc. (The) by 12.9% during the 1st quarter. Jacobi Capital Management LLC now owns 1,748 shares of the apparel and home fashions retailer’s stock valued at $133,000 after purchasing an additional 200 shares in the last quarter. Mosaic Family Wealth LLC grew its position in shares of TJX Companies, Inc. (The) by 7.2% during the 2nd quarter. Mosaic Family Wealth LLC now owns 1,996 shares of the apparel and home fashions retailer’s stock valued at $144,000 after purchasing an additional 134 shares in the last quarter. Finally, Oakworth Capital Inc. grew its position in shares of TJX Companies, Inc. (The) by 10.1% during the 2nd quarter. Oakworth Capital Inc. now owns 2,024 shares of the apparel and home fashions retailer’s stock valued at $146,000 after purchasing an additional 185 shares in the last quarter. Institutional investors and hedge funds own 89.14% of the company’s stock.

A number of research firms have recently commented on TJX. Jefferies Group LLC set a $75.00 price target on shares of TJX Companies, Inc. (The) and gave the company a “hold” rating in a research report on Tuesday, August 15th. Zacks Investment Research upgraded 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. Nomura set a $80.00 price target on shares of TJX Companies, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, August 16th. Instinet restated a “buy” rating and set a $80.00 price target (down from $83.00) on shares of TJX Companies, Inc. (The) in a research report on Wednesday, August 16th. Finally, Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a $90.00 price target (down from $97.00) on shares of TJX Companies, Inc. (The) in a research report on Wednesday, August 16th. Four investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $83.25.

In related news, CEO Ernie Herrman sold 20,000 shares of TJX Companies, Inc. (The) stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $72.52, for a total transaction of $1,450,400.00. Following the completion of the transaction, the chief executive officer now directly owns 480,821 shares of the company’s stock, valued at approximately $34,869,138.92. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.23% of the company’s stock.

Shares of TJX Companies, Inc. (NYSE TJX) opened at 72.55 on Thursday. The firm has a 50-day moving average of $72.89 and a 200 day moving average of $73.52. The company has a market capitalization of $46.16 billion, a P/E ratio of 20.53 and a beta of 0.78. TJX Companies, Inc. has a 1-year low of $66.65 and a 1-year high of $80.92.

TJX Companies, Inc. (The) (NYSE:TJX) last issued its quarterly earnings data on Tuesday, August 15th. The apparel and home fashions retailer reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.01. TJX Companies, Inc. (The) had a net margin of 6.83% and a return on equity of 52.87%. The business had revenue of $8.36 billion during the quarter, compared to analysts’ expectations of $8.29 billion. During the same period last year, the company posted $0.84 EPS. The business’s revenue was up 6.0% on a year-over-year basis. On average, analysts anticipate that TJX Companies, Inc. will post $3.93 EPS for the current year.

The firm also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.72%. TJX Companies, Inc. (The)’s payout ratio is currently 35.41%.

TRADEMARK VIOLATION WARNING: This news story was first posted by Markets Daily and is the property of of Markets Daily. If you are viewing this news story on another site, it was copied illegally and reposted in violation of international copyright & trademark law. The correct version of this news story can be read at https://www.themarketsdaily.com/2017/10/12/w-g-shaheen-associates-dba-whitney-co-acquires-5075-shares-of-tjx-companies-inc-the-tjx.html.

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)

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