TJX Companies Inc (TJX) : Trust Investment Advisors reduced its stake in TJX Companies Inc by 4.26% during the most recent quarter end. The investment management company now holds a total of 22,490 shares of TJX Companies Inc which is valued at $1,722,959 after selling 1,000 shares in TJX Companies Inc , the firm said in a disclosure report filed with the SEC on May 2, 2016.TJX Companies Inc makes up approximately 1.99% of Trust Investment Advisors’s portfolio.
TJX Companies Inc opened for trading at $76.26 and hit $76.67 on the upside on Friday, eventually ending the session at $76.61, with a gain of 0.09% or 0.07 points. The heightened volatility saw the trading volume jump to 21,76,910 shares. Company has a market cap of $50,761 M.
Other Hedge Funds, Including , Capital Fund Management S.a. sold out all of its stake in TJX during the most recent quarter. The investment firm sold 285,549 shares of TJX which is valued $21,875,909.Ccm Investment Advisers reduced its stake in TJX by selling 750 shares or 13.69% in the most recent quarter. The Hedge Fund company now holds 4,728 shares of TJX which is valued at $358,477. TJX Companies Inc makes up approx 0.03% of Ccm Investment Advisers’s portfolio.Reilly Financial Advisors boosted its stake in TJX in the latest quarter, The investment management firm added 252 additional shares and now holds a total of 173,039 shares of TJX Companies Inc which is valued at $13,242,675. TJX Companies Inc makes up approx 2.89% of Reilly Financial Advisors’s portfolio.Vontobel Asset Management Inc boosted its stake in TJX in the latest quarter, The investment management firm added 31,569 additional shares and now holds a total of 2,364,665 shares of TJX Companies Inc which is valued at $180,967,812. TJX Companies Inc makes up approx 1.42% of Vontobel Asset Management Inc’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.