Shares of TJX Companies (The) (NYSE:TJX) Sees Large Inflow of Net Money Flow

TJX Companies (The) (NYSE:TJX) dropped by -0.27 or -0.21 points during the last session to $76.76 per share. One of the highlights of the day was the net money flow figure, which stood at $0.94 million even as the stock accepted $10.07 million in upticks but rejected $9.13 million in downticks. The up/down ratio for the last observation was a 1.1. The 1-week percentage change for the stock price is registered at 0.43%.A block transaction occurred with $5 million in upticks and $3.84 million in downticks while the up/down ratio was calculated to be 1.3. The stock witnessed a net inflow of $1.16 million at the end of the block trade.


Currently the company Insiders own 0.75% of TJX Companies (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.49% . Institutional Investors own 90.62% of TJX Companies (The) shares. During last six month period, the net percent change held by insiders has seen a change of -21.21%. On the companys insider trading activities, The director officer (Executive Chairman), of Tjx Companies Inc /De/, Meyrowitz Carol had unloaded 64,160 shares at $76.56 per share in a transaction on June 1, 2016. The total value of transaction was $4,912,090. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

TJX Companies (The) (NYSE:TJX) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.97 points or 1.26% at $76 with 2,886,297 shares getting traded. Post opening the session at $76.46, the shares hit an intraday low of $75.99 and an intraday high of $76.95 and the price was in this range throughout the day. The company has a market cap of $50,242 million and the number of outstanding shares have been calculated to be 661,083,500 shares. The 52-week high of TJX Companies (The) (NYSE:TJX) is $79.2 and the 52-week low is $63.53.

Many analysts have stated their opinion on the company shares. In a research note released to the investors, Bernstein maintains its rating on TJX Companies (The) (NYSE:TJX).The analysts at the brokerage house have a current rating of Outperform on the shares. In a recent information released to the investors, Bernstein raises the new price target from $82 per share to $83 per share. The rating by the firm was issued on May 18, 2016.

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 3,461 stores in countries, including the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria and Australia.

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