TJX Companies, Inc. (The) (TJX) Issues Quarterly Earnings Results

TJX Companies, Inc. (The) (TJX) Issues Quarterly Earnings Results

Cornerstone Capital Mngmt Ltd Llc has invested 0.01% in Choice Hotels International Inc (NYSE:CHH). (The) were worth $442,000 as of its most recent filing with the Securities & Exchange Commission. Shares for $89,110 were sold by Sherr Richard on Wednesday, May 17. (The) by 1.5% in the second quarter. The Tyvor Capital Llc holds 7,500 shares with $541,000 value, down from 181,162 last quarter.

During the quarter, TJX added a net 139 stores, to end the period with 4,052 stores. (The) by 7.2% in the second quarter. Glenmede Na invested in 1.81M shares or 0.68% of the stock. Hanson Mcclain Inc accumulated 28 shares or 0% of the stock. (The) by 6.6% in the first quarter.

Stieven Capital Advisors L.P. holds 3.91% of its portfolio in TFS Financial Corporation for 1.35 million shares.

Segall Bryant & Hamill LLC boosted its position in shares of The TJX Cos. Saturna has invested 1.76% in TJX Companies Inc (NYSE:TJX). (The) by 0.6% during the 2nd quarter. The value of the investment in (TJX) increased from $117,719,000 to $120,550,000 a change of 2.4% since the last quarter. (The) news, CEO Ernie Herrman sold 20,000 shares of the business's stock in a transaction dated Friday, September 1st. Parkside Financial Bank & Trust now owns 1,991 shares of the apparel and home fashions retailer's stock valued at $154,000 after buying an additional 65 shares during the last quarter. Following the completion of the sale, the chief executive officer now directly owns 480,821 shares of the company's stock, valued at approximately $34,869,138.92. Finally, Royal Bank Of Canada decreased their price objective on TJX Companies, Inc.

Among 26 analysts covering The TJX Companies (NYSE:TJX), 23 have Buy rating, 0 Sell and 3 Hold. The stock is trading $71.97 its 50-day moving average by 1.21%. The stock has a market cap of $45,020.00, a PE ratio of 19.45, a PEG ratio of 1.68 and a beta of 0.72.


The stock of TJX Companies Inc (NYSE:TJX) hit a new 52-week low and has $61.76 target or 8.00% below today's $67.13 share price. Zacks Investment Research downgraded shares of TJX Companies, Inc. RBC Capital Markets initiated TJX Companies Inc (NYSE:TJX) rating on Friday, November 6.

For the third quarter ended October 28, net sales at TJX increased 6% to $8.8 billion and same store sales were flat compared to last year's 5% increase. During the same period in the previous year, the business posted $0.84 earnings per share. Comps at TJX Canada increased 4% and those at TJX International, including operations in Europe and Australia, advanced 1% versus the year-earlier quarter.

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be issued a $0.3125 dividend. The ex-dividend date of this dividend is Tuesday, November 8th. This represents a $1.25 annualized dividend and a dividend yield of 1.77%. TJX Companies, Inc. (The)'s dividend payout ratio (DPR) is 35.41%. The TJX Companies had 56 analyst reports since August 10, 2015 according to SRatingsIntel. Nomura set a $80.00 price objective on shares of TJX Companies, Inc. Wells Fargo reinitiated the stock with "Outperform" rating in Thursday, October 22 report. Mufg Americas has 0.24% invested in TJX Companies Inc (NYSE:TJX). The firm has "Buy" rating by BMO Capital Markets given on Tuesday, September 26. (The) and gave the company a "buy" rating in a report on Monday, July 17th. The TJX Cos. now has an average rating of "Buy" and an average target price of $83.51. BMO Capital Markets has "Buy" rating and $85.0 target.

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TJX and other off-price retailers have been able to avoid comp declines in part due to offering a "treasure hunt" incentive for shoppers, as well as appealing to increasingly budget-conscious consumers with low prices. T.J. Maxx and Marshalls chains in the United States were collectively the off-price retailer in the United States with a total of 2,221 stores, as of January 28, 2017.

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