TJX Companies Inc (TJX) Shares Bought by Donald L. Hagan LLC

Donald L. Hagan LLC grew its stake in shares of TJX Companies Inc (NYSE:TJX) by 23.4% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 13,258 shares of the apparel and home fashions retailer’s stock after buying an additional 2,513 shares during the period. Donald L. Hagan LLC’s holdings in TJX Companies were worth $1,014,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Scotia Capital Inc. raised its position in TJX Companies by 9.4% in the second quarter. Scotia Capital Inc. now owns 54,407 shares of the apparel and home fashions retailer’s stock worth $3,926,000 after purchasing an additional 4,661 shares in the last quarter. Northern Capital Management LLC raised its position in TJX Companies by 34.5% in the third quarter. Northern Capital Management LLC now owns 53,580 shares of the apparel and home fashions retailer’s stock worth $3,950,000 after purchasing an additional 13,750 shares in the last quarter. Tillar Wenstrup Advisors LLC acquired a new position in TJX Companies in the third quarter worth about $2,083,000. Gofen & Glossberg LLC IL raised its position in TJX Companies by 7.9% in the second quarter. Gofen & Glossberg LLC IL now owns 38,532 shares of the apparel and home fashions retailer’s stock worth $2,781,000 after purchasing an additional 2,835 shares in the last quarter. Finally, Curbstone Financial Management Corp raised its position in TJX Companies by 100.0% in the third quarter. Curbstone Financial Management Corp now owns 34,872 shares of the apparel and home fashions retailer’s stock worth $2,571,000 after purchasing an additional 17,436 shares in the last quarter. 90.26% of the stock is owned by institutional investors and hedge funds.

Shares of TJX Companies Inc (NYSE:TJX) traded up $1.40 during trading on Friday, reaching $78.28. 3,910,000 shares of the company’s stock traded hands, compared to its average volume of 4,300,000. 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 $49,810.00, a PE ratio of 21.16, a price-to-earnings-growth ratio of 1.85 and a beta of 0.75. TJX Companies Inc has a 1 year low of $66.44 and a 1 year high of $80.92.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.00. The firm had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.86 billion. TJX Companies had a net margin of 7.01% and a return on equity of 52.79%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 earnings per share. equities analysts expect that TJX Companies Inc will post 3.94 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.3125 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.25 annualized dividend and a yield of 1.60%. TJX Companies’s dividend payout ratio is 33.78%.

Several research analysts recently issued reports on the stock. Wells Fargo & Co lowered shares of TJX Companies from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $76.00 to $72.00 in a research report on Wednesday, January 3rd. Guggenheim reissued a “buy” rating and issued a $86.00 price target on shares of TJX Companies in a research report on Friday, December 15th. Cowen set a $88.00 price target on shares of TJX Companies and gave the stock a “buy” rating in a research report on Wednesday, December 13th. Goldman Sachs Group lowered shares of TJX Companies from a “conviction-buy” rating to a “buy” rating and set a $79.00 price target for the company. in a research report on Tuesday, December 5th. Finally, Nomura dropped their price target on shares of TJX Companies from $80.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and sixteen have assigned a buy rating to the stock. TJX Companies has a consensus rating of “Buy” and an average price target of $81.95.

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TJX Companies 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.

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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