TJX Companies Inc (NYSE:TJX) Shares Sold by Curbstone Financial Management Corp

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Curbstone Financial Management Corp decreased its holdings in TJX Companies Inc (NYSE:TJX) by 0.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 62,204 shares of the apparel and home fashions retailer’s stock after selling 200 shares during the period. TJX Companies makes up approximately 0.9% of Curbstone Financial Management Corp’s investment portfolio, making the stock its 29th largest position. Curbstone Financial Management Corp’s holdings in TJX Companies were worth $3,467,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in TJX. United Bank raised its holdings in TJX Companies by 7.9% in the 1st quarter. United Bank now owns 12,204 shares of the apparel and home fashions retailer’s stock valued at $649,000 after acquiring an additional 897 shares during the last quarter. Sepio Capital LLC acquired a new stake in shares of TJX Companies during the 1st quarter worth approximately $381,000. Bath Savings Trust Co increased its holdings in shares of TJX Companies by 2.0% during the 2nd quarter. Bath Savings Trust Co now owns 405,849 shares of the apparel and home fashions retailer’s stock worth $21,461,000 after buying an additional 8,030 shares during the last quarter. First Financial Bank Trust Division increased its holdings in shares of TJX Companies by 1.6% during the 2nd quarter. First Financial Bank Trust Division now owns 150,616 shares of the apparel and home fashions retailer’s stock worth $7,965,000 after buying an additional 2,309 shares during the last quarter. Finally, Park National Corp OH increased its holdings in shares of TJX Companies by 17.4% during the 2nd quarter. Park National Corp OH now owns 122,960 shares of the apparel and home fashions retailer’s stock worth $6,502,000 after buying an additional 18,263 shares during the last quarter. Institutional investors own 89.34% of the company’s stock.

TJX Companies stock opened at $60.36 on Friday. TJX Companies Inc has a fifty-two week low of $41.49 and a fifty-two week high of $60.89. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.48 and a current ratio of 1.25. The firm has a 50 day moving average price of $56.15 and a 200 day moving average price of $54.13. The company has a market capitalization of $73.13 billion, a PE ratio of 28.61, a price-to-earnings-growth ratio of 2.18 and a beta of 0.68.

TJX Companies (NYSE:TJX) last posted its earnings results on Tuesday, August 20th. The apparel and home fashions retailer reported $0.62 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.62. TJX Companies had a net margin of 7.66% and a return on equity of 57.64%. The firm had revenue of $9.78 billion during the quarter, compared to the consensus estimate of $9.89 billion. During the same quarter last year, the firm earned $1.17 EPS. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. As a group, equities research analysts forecast that TJX Companies Inc will post 2.61 earnings per share for the current year.

The business also recently announced a — dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, November 14th will be issued a $0.23 dividend. The ex-dividend date is Wednesday, November 13th. This represents a yield of 1.7%. TJX Companies’s dividend payout ratio (DPR) is presently 43.60%.

A number of brokerages have recently issued reports on TJX. DA Davidson set a $65.00 price target on shares of TJX Companies and gave the stock a “buy” rating in a report on Wednesday, August 21st. Bank of America set a $65.00 price target on shares of TJX Companies and gave the stock a “buy” rating in a report on Wednesday, August 21st. Cowen set a $62.00 price target on shares of TJX Companies and gave the stock a “buy” rating in a report on Tuesday, August 20th. UBS Group upgraded shares of TJX Companies from a “sell” rating to a “neutral” rating and raised their price target for the stock from $41.00 to $58.00 in a report on Tuesday, September 17th. Finally, Zacks Investment Research upgraded shares of TJX Companies from a “sell” rating to a “hold” rating and set a $64.00 price target for the company in a report on Friday. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $59.89.

TJX Companies Company Profile

The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise.

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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