Zevin Asset Management LLC cut its position in shares of TJX Companies, Inc. (The) (NYSE:TJX) by 2.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 269,566 shares of the apparel and home fashions retailer’s stock after selling 7,893 shares during the period. TJX Companies, Inc. (The) makes up about 5.4% of Zevin Asset Management LLC’s holdings, making the stock its 3rd largest position. Zevin Asset Management LLC’s holdings in TJX Companies, Inc. (The) were worth $21,317,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of TJX. Baird Financial Group Inc. boosted its stake in shares of TJX Companies, Inc. (The) by 0.4% in the fourth quarter. Baird Financial Group Inc. now owns 71,743 shares of the apparel and home fashions retailer’s stock worth $5,390,000 after buying an additional 318 shares during the last quarter. Mandatum Life Insurance Co Ltd boosted its stake in shares of TJX Companies, Inc. (The) by 3.1% in the fourth quarter. Mandatum Life Insurance Co Ltd now owns 62,733 shares of the apparel and home fashions retailer’s stock worth $4,713,000 after buying an additional 1,915 shares during the last quarter. Haverford Trust Co. boosted its stake in shares of TJX Companies, Inc. (The) by 0.7% in the fourth quarter. Haverford Trust Co. now owns 1,203,072 shares of the apparel and home fashions retailer’s stock worth $90,387,000 after buying an additional 8,421 shares during the last quarter. Tredje AP fonden boosted its stake in shares of TJX Companies, Inc. (The) by 3.7% in the fourth quarter. Tredje AP fonden now owns 64,721 shares of the apparel and home fashions retailer’s stock worth $4,862,000 after buying an additional 2,319 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of TJX Companies, Inc. (The) by 2.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,487,110 shares of the apparel and home fashions retailer’s stock worth $111,733,000 after buying an additional 38,051 shares during the last quarter. 89.75% of the stock is currently owned by hedge funds and other institutional investors.

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

TJX Companies, Inc. (TJX) opened at 72.44 on Friday. TJX Companies, Inc. has a 12-month low of $71.40 and a 12-month high of $83.64. The stock has a market cap of $46.60 billion, a price-to-earnings ratio of 20.57 and a beta of 0.76. The company has a 50-day moving average of $75.78 and a 200 day moving average of $76.80.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its quarterly earnings results on Tuesday, May 16th. The apparel and home fashions retailer reported $0.82 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.79 by $0.03. The business had revenue of $7.78 billion during the quarter, compared to analysts’ expectations of $7.88 billion. TJX Companies, Inc. (The) had a return on equity of 53.34% and a net margin of 6.96%. The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.76 EPS. Equities analysts anticipate that TJX Companies, Inc. will post $3.89 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders 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 dividend on an annualized basis and a yield of 1.73%. TJX Companies, Inc. (The)’s payout ratio is currently 35.51%.

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A number of equities research analysts recently commented on the stock. Goldman Sachs Group, Inc. (The) raised shares of TJX Companies, Inc. (The) from a “buy” rating to a “conviction-buy” rating and set a $97.00 price objective on the stock in a research note on Thursday, March 16th. Instinet raised their price target on shares of TJX Companies, Inc. (The) from $83.00 to $87.00 and gave the stock a “buy” rating in a research note on Monday, April 3rd. Zacks Investment Research cut shares of TJX Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Wednesday, April 26th. Royal Bank Of Canada set a $82.00 price target on shares of TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Monday, March 27th. Finally, Credit Suisse Group reaffirmed a “hold” rating and set a $77.00 price target on shares of TJX Companies, Inc. (The) in a research note on Friday, February 17th. Four analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. TJX Companies, Inc. (The) presently has an average rating of “Buy” and an average target price of $85.17.

In other TJX Companies, Inc. (The) news, CFO Scott Goldenberg sold 15,571 shares of the company’s stock in a transaction that occurred on Wednesday, April 19th. The stock was sold at an average price of $77.14, for a total transaction of $1,201,146.94. Following the completion of the sale, the chief financial officer now owns 105,844 shares of the company’s stock, valued at $8,164,806.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kenneth Canestrari sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $75.80, for a total value of $303,200.00. Following the sale, the executive vice president now directly owns 86,243 shares of the company’s stock, valued at approximately $6,537,219.40. The disclosure for this sale can be found here. Insiders have sold 40,750 shares of company stock valued at $3,156,056 in the last ninety days. Company insiders own 0.23% of the company’s stock.

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.

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