TJX Companies Inc (TJX) : Wendell David Associates Inc reduced its stake in TJX Companies Inc by 0.48% during the most recent quarter end. The investment management company now holds a total of 241,000 shares of TJX Companies Inc which is valued at $18,443,730 after selling 1,165 shares in TJX Companies Inc , the firm said in a disclosure report filed with the SEC on Apr 19, 2016.TJX Companies Inc makes up approximately 3.55% of Wendell David Associates Inc’s portfolio.
TJX Companies Inc closed down -0.48 points or -0.62% at $76.53 with 24,25,394 shares getting traded on Friday. Post opening the session at $77.01, the shares hit an intraday low of $76.46 and an intraday high of $77.19 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Perkins Coie Trust Co reduced its stake in TJX by selling 2,029 shares or 7.4% in the most recent quarter. The Hedge Fund company now holds 25,375 shares of TJX which is valued at $1,961,488. TJX Companies Inc makes up approx 1.32% of Perkins Coie Trust Co’s portfolio.Daiwa Sb Investments Ltd. reduced its stake in TJX by selling 3,720 shares or 16.45% in the most recent quarter. The Hedge Fund company now holds 18,890 shares of TJX which is valued at $1,460,197. TJX Companies Inc makes up approx 0.37% of Daiwa Sb Investments Ltd.’s portfolio.Atlas Browninc. reduced its stake in TJX by selling 1,300 shares or 7.24% in the most recent quarter. The Hedge Fund company now holds 16,668 shares of TJX which is valued at $1,288,436. TJX Companies Inc makes up approx 0.55% of Atlas Browninc.’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in TJX in the latest quarter, The investment management firm added 18,638 additional shares and now holds a total of 152,606 shares of TJX Companies Inc which is valued at $11,796,444. TJX Companies Inc makes up approx 0.27% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.
On the company’s financial health, TJX Companies Inc reported $0.99 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Feb 24, 2016. Analyst had a consensus of $0.94. The company had revenue of $8962.00 million for the quarter, compared to analysts expectations of $8733.26 million. The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 EPS.
Investors should note that on Mar 29, 2016, TJX Companies Inc announced a cash dividend of $0.2600. The company’s management has announced May 10, 2016 as the ex-dividend date and fixed the record date on May 12, 2016. The payable date has been fixed on Jun 2, 2016.
Many Wall Street Analysts have commented on TJX Companies Inc. Shares were Reiterated by Wolfe Research on Feb 25, 2016 to “Outperform” and Lowered the Price Target to $ 80 from a previous price target of $82 .Shares were Reiterated by Telsey Advisory Group on Feb 25, 2016 to “Market Perform” and Lowered the Price Target to $ 78 from a previous price target of $79 .Shares were Reiterated by Wedbush on Feb 25, 2016 to “Outperform” and Lowered the Price Target to $ 79 from a previous price target of $80 .
The TJX Companies Inc. (TJX) is an off-price apparel and home fashions. The Company operates through four segments: Marmaxx HomeGoods TJX Canada and TJX Europe. The Marmaxx and HomeGoods business offers family apparel home fashions accent furniture lamps rugs wall decor decorative accessories and giftware and other merchandise. The TJX Canada offers jewelry and home fashions. TJX Europe operates the T.K. Maxx and HomeSense chains in Europe. The Company operates approximately 3461 stores in countries including the United States Canada the United Kingdom Ireland Germany Poland Austria and Australia.