TJX Companies, Inc. (The) (TJX) Holdings Lifted by HM Payson & Co

Lloyd Doyle
November 14, 2017

BB&T Capital initiated TJX Companies Inc (NYSE:TJX) on Thursday, December 17 with "Buy" rating. Cap Counsel holds 0.03% of its portfolio in TJX Companies Inc (NYSE:TJX) for 4,133 shares. (NYSE:TJX) closed its last session at $70.22. (The) in the first quarter valued at $130,000. (The) by 12.9% during the first quarter. This showed a surprise of 1.2% in the last quarter earnings. Tjx Cos Inc New now has $45.02 billion valuation. (The) during the second quarter worth $141,000.

Maple Capital Management Inc increased Abbott Laboratories (NYSE:ABT) stake by 24,945 shares to 186,391 valued at $9.06 million in 2017Q2. (The) by 7.2% in the second quarter. The stock increased 0.32% or $0.02 on November 10, reaching $6.19. Finally, Oakworth Capital Inc. grew its holdings 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 worth $146,000 after purchasing an additional 185 shares during the last quarter.

The company now has an insider ownership of 0.1 Percent and Institutional ownership of 92.7 Percent. Silver Point Capital Lp who had been investing in Caesars Acquisition Co for a number of months, seems to be less bullish one the $2.95B market cap company. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.80 and a current ratio of 1.63. California-based Kayne Anderson Rudnick Inv Mngmt Limited Co has invested 0.14% in TJX Companies Inc (NYSE:TJX). Morgan Stanley upgraded TJX Companies Inc (NYSE:TJX) on Wednesday, May 17 to "Overweight" rating. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of $1 per share. RBC Capital Markets maintained TJX Companies Inc (NYSE:TJX) rating on Wednesday, November 16.

Shoppers seeking the bargain deals which are the company's hallmark drove sales higher by 6 percent to $8.8 billion in the third quarter. During the same period a year ago, the firm earned $0.84 EPS. During the same period last year, the firm posted $0.84 earnings per share. equities research analysts expect that TJX Companies, Inc. will post 3.93 earnings per share for the current year.


The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. The share price was last seen -0.04% lower, reaching at $112.59 on November 10, 2017. This represents a $1.25 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Tuesday, November 8th. Royal Bank Of Canada lowered their price target on TJX Companies, Inc. The rating was maintained by Stifel Nicolaus with "Buy" on Tuesday, August 18. Zacks Investment Research upgraded TJX Companies, Inc. (The) from a "neutral" rating to a "buy" rating and set a $86.00 price target on the stock in a research report on Thursday, September 7th. As per Wednesday, August 16, the company rating was maintained by Credit Suisse. The TJX Cos. The company's 50-day moving average price is $74.21 and its 200-day moving average price is $76.72. Finally, Sanford C. Bernstein assumed coverage on TJX Companies, Inc. (The) reiterated a "buy" rating and issued a $90.00 price target (down previously from $97.00) on shares of TJX Companies, Inc. TJX Companies, Inc. (The) now has an average rating of "Buy" and an average price target of $83.25.

COPYRIGHT VIOLATION NOTICE: This piece of content was first posted by TrueBlueTribune and is owned by of TrueBlueTribune. If you are viewing this piece on another domain, it was copied illegally and reposted in violation of worldwide copyright & trademark laws. The correct version of this article can be read at https://www.dispatchtribunal.com/2017/11/13/tjx-companies-inc-the-tjx-is-wendell-david-associates-inc-s-6th-largest-position.html. "We have excellent inventory liquidity to capitalize on the plentiful opportunities we are seeing for quality, branded merchandise in the marketplace", maintains CEO Ernie Herrman. On Tuesday, September 6 the stock rating was downgraded by Leerink Swann to "Mkt Perform". The stock was sold at an average price of $72.52, for a total value of $1,450,400.00. Silver Point Capital Lp sold 720,343 shares as the company's stock rose 17.29% with the market. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The stock of TJX Companies Inc (NYSE:TJX) has "Buy" rating given on Thursday, September 17 by M Partners. By brand, same-store sales were down 1% at Marmaxx (Marshalls and T.J. Maxx), and up 3% at Home Goods and 1% at TJX International. As of October 28, 2017, the retailer operated a total of 4,052 stores in nine countries, the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, and three e-commerce sites.

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