Hendley Co Inc Lowers stake in TJX COMPANIES INC CM (TJX)

TJX COMPANIES INC CM (TJX) : Hendley Co Inc reduced its stake in TJX COMPANIES INC CM by 0.47% during the most recent quarter end. The investment management company now holds a total of 76,627 shares of TJX COMPANIES INC CM which is valued at $5,864,264 after selling 358 shares in TJX COMPANIES INC CM , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.TJX COMPANIES INC CM makes up approximately 3.58% of Hendley Co Inc’s portfolio.

TJX COMPANIES INC CM opened for trading at $77.16 and hit $78.05 on the upside on Wednesday, eventually ending the session at $77.74, with a gain of 0.75% or 0.58 points. The heightened volatility saw the trading volume jump to 22,12,061 shares. Company has a market cap of $51,510 M.

Other Hedge Funds, Including , First Quadrant L Pca reduced its stake in TJX by selling 11,600 shares or 29.15% in the most recent quarter. The Hedge Fund company now holds 28,200 shares of TJX which is valued at $2,158,146. TJX COMPANIES INC CM makes up approx 0.05% of First Quadrant L Pca’s portfolio.Migdal Insurance Financial Holdings Ltd. reduced its stake in TJX by selling 360,910 shares or 60.31% in the most recent quarter. The Hedge Fund company now holds 237,480 shares of TJX which is valued at $18,174,344. TJX COMPANIES INC CM makes up approx 0.55% of Migdal Insurance Financial Holdings Ltd.’s portfolio.Capstone Asset Management Co boosted its stake in TJX in the latest quarter, The investment management firm added 9,967 additional shares and now holds a total of 205,399 shares of TJX COMPANIES INC CM which is valued at $15,877,343. TJX COMPANIES INC CM makes up approx 0.45% of Capstone Asset Management Co’s portfolio.

On the company’s financial health, TJX COMPANIES INC CM 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 CM 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 CM. 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.

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