TJX Companies Inc (TJX) : Diamond Hill Capital Management Inc reduced its stake in TJX Companies Inc by 3.11% during the most recent quarter end. The investment management company now holds a total of 3,966,330 shares of TJX Companies Inc which is valued at $328,689,767 after selling 127,123 shares in TJX Companies Inc , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.TJX Companies Inc makes up approximately 1.97% of Diamond Hill Capital Management Inc’s portfolio.
Other Hedge Funds, Including , Greystone Managed Investments reduced its stake in TJX by selling 10,805 shares or 7.39% in the most recent quarter. The Hedge Fund company now holds 135,405 shares of TJX which is valued at $11,046,340. TJX Companies Inc makes up approx 0.43% of Greystone Managed Investments’s portfolio.Bb&t Securities boosted its stake in TJX in the latest quarter, The investment management firm added 1,505 additional shares and now holds a total of 46,825 shares of TJX Companies Inc which is valued at $3,838,714. TJX Companies Inc makes up approx 0.06% of Bb&t Securities’s portfolio. Atalanta Sosnoff Capital sold out all of its stake in TJX during the most recent quarter. The investment firm sold 7,000 shares of TJX which is valued $568,260.
TJX Companies Inc opened for trading at $77.89 and hit $79.435 on the upside on Friday, eventually ending the session at $79.35, with a gain of 1.98% or 1.54 points. The heightened volatility saw the trading volume jump to 63,30,703 shares. Company has a market cap of $52,457 M.
On the company’s financial health, TJX Companies Inc reported $0.84 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 16, 2016. Analyst had a consensus of $0.81. The company had revenue of $7882.00 million for the quarter, compared to analysts expectations of $7842.87 million. The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.
Many Wall Street Analysts have commented on TJX Companies Inc. Company shares were Reiterated by Wedbush on Aug 17, 2016 to “Outperform”, Firm has raised the Price Target to $ 84 from a previous price target of $82 .Miller Tabak Initiated TJX Companies Inc on Jun 24, 2016 to “Buy”, Price Target of the shares are set at $91.Company shares were Reiterated by RBC Capital Mkts on May 18, 2016 to “Outperform”, Firm has raised the Price Target to $ 84 from a previous price target of $82 .
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.