The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Country Club Trust Company n.a.

Country Club Trust Company n.a. increased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 22.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,867 shares of the apparel and home fashions retailer’s stock after acquiring an additional 900 shares during the quarter. Country Club Trust Company n.a.’s holdings in TJX Companies were worth $340,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in TJX. Dark Forest Capital Management LP acquired a new position in shares of TJX Companies in the 2nd quarter valued at $31,000. Rosenberg Matthew Hamilton increased its holdings in shares of TJX Companies by 181.9% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 544 shares of the apparel and home fashions retailer’s stock valued at $36,000 after acquiring an additional 351 shares during the period. Albion Financial Group UT acquired a new position in shares of TJX Companies in the 2nd quarter valued at $44,000. Pflug Koory LLC acquired a new position in TJX Companies in the 2nd quarter valued at $52,000. Finally, WD Rutherford LLC increased its stake in TJX Companies by 28.0% in the 2nd quarter. WD Rutherford LLC now owns 800 shares of the apparel and home fashions retailer’s stock valued at $54,000 after buying an additional 175 shares during the period. 87.76% of the stock is currently owned by institutional investors and hedge funds.

In related news, CEO Ernie Herrman sold 18,000 shares of the stock in a transaction on Friday, November 19th. The stock was sold at an average price of $71.59, for a total value of $1,288,620.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.19% of the company’s stock.

TJX has been the topic of a number of recent research reports. JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $80.00 to $86.00 and gave the company an “overweight” rating in a report on Monday, August 16th. Barclays upped their price objective on shares of TJX Companies from $101.00 to $102.00 and gave the company an “overweight” rating in a research note on Tuesday, November 16th. Guggenheim upped their price objective on shares of TJX Companies from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Friday, August 20th. Argus reaffirmed a “buy” rating and set a $86.00 price objective (up previously from $78.00) on shares of TJX Companies in a research note on Wednesday, August 25th. Finally, Morgan Stanley raised shares of TJX Companies to a “top pick” rating and upped their price objective for the company from $81.00 to $88.00 in a research note on Thursday, November 18th. Five analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $83.05.

NYSE TJX opened at $71.48 on Thursday. The stock has a market cap of $85.96 billion, a PE ratio of 34.70, a P/E/G ratio of 2.25 and a beta of 0.96. The TJX Companies, Inc. has a fifty-two week low of $61.15 and a fifty-two week high of $76.94. The business has a 50 day moving average price of $67.64 and a two-hundred day moving average price of $68.36. The company has a quick ratio of 0.83, a current ratio of 1.33 and a debt-to-equity ratio of 0.52.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, November 17th. The apparel and home fashions retailer reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.03. The firm had revenue of $12.53 billion for the quarter, compared to analysts’ expectations of $12.27 billion. TJX Companies had a return on equity of 49.70% and a net margin of 5.81%. The firm’s revenue for the quarter was up 23.9% on a year-over-year basis. During the same period last year, the business posted $0.71 earnings per share. Sell-side analysts anticipate that The TJX Companies, Inc. will post 2.89 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 2nd. Investors of record on Thursday, November 11th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Tuesday, November 9th. TJX Companies’s payout ratio is currently 50.49%.

About TJX Companies

The TJX Cos., Inc engages in the retail of off-price apparel and home fashion products. It operates through the following segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. The HomeGoods segment offers assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop and cookware as well as expanded pet, kids, and gourmet food departments.

See Also: Shanghai Stock Exchange Composite Index

Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Companies, Inc. (NYSE:TJX).

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

Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.