Norinchukin Bank The lifted its stake in shares of TJX Companies Inc (NYSE:TJX) by 3.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 234,879 shares of the apparel and home fashions retailer’s stock after purchasing an additional 8,177 shares during the quarter. Norinchukin Bank The’s holdings in TJX Companies were worth $12,498,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently made changes to their positions in TJX. Nalls Sherbakoff Group LLC bought a new position in TJX Companies during the 4th quarter valued at $25,000. Stone House Investment Management LLC bought a new stake in shares of TJX Companies during the 1st quarter worth $25,000. Westside Investment Management Inc. boosted its stake in shares of TJX Companies by 100.0% during the 4th quarter. Westside Investment Management Inc. now owns 600 shares of the apparel and home fashions retailer’s stock worth $27,000 after acquiring an additional 300 shares in the last quarter. CSU Producer Resources Inc. bought a new stake in shares of TJX Companies during the 1st quarter worth $27,000. Finally, Financial Gravity Wealth Inc. bought a new stake in shares of TJX Companies during the 1st quarter worth $30,000. Institutional investors and hedge funds own 88.92% of the company’s stock.
In other news, EVP Kenneth Canestrari sold 25,000 shares of the firm’s stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $54.97, for a total value of $1,374,250.00. Following the sale, the executive vice president now directly owns 134,675 shares of the company’s stock, valued at $7,403,084.75. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Scott Goldenberg sold 37,248 shares of the firm’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $53.90, for a total value of $2,007,667.20. Following the completion of the sale, the chief financial officer now directly owns 195,712 shares in the company, valued at $10,548,876.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 128,353 shares of company stock worth $6,915,105. Corporate insiders own 0.18% of the company’s stock.
Shares of NYSE:TJX traded up $0.08 during midday trading on Monday, hitting $52.96. 3,292,924 shares of the stock were exchanged, compared to its average volume of 6,108,921. TJX Companies Inc has a 52-week low of $41.49 and a 52-week high of $56.64. The stock’s fifty day moving average is $52.28. The company has a quick ratio of 0.46, a current ratio of 1.23 and a debt-to-equity ratio of 1.92. The company has a market cap of $64.13 billion, a P/E ratio of 25.10, a PEG ratio of 1.85 and a beta of 0.73.
TJX Companies (NYSE:TJX) last posted its earnings results on Tuesday, May 21st. The apparel and home fashions retailer reported $0.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.02. TJX Companies had a return on equity of 57.47% and a net margin of 7.69%. The company had revenue of $9.28 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same period last year, the company earned $1.13 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. On average, analysts anticipate that TJX Companies Inc will post 2.63 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.23 per share. The ex-dividend date is Wednesday, August 14th. This represents a $0.92 annualized dividend and a yield of 1.74%. TJX Companies’s dividend payout ratio (DPR) is currently 43.60%.
About TJX Companies
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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